董事会的数字专长与数字创新：来自中国商业银行的证据

IF 6.3 2区经济学 Q1 BUSINESS, FINANCE

Research in International Business and Finance Pub Date : 2025-03-07 DOI:10.1016/j.ribaf.2025.102854

Shengjing Yu, Xiaolan Zheng, Martin J. Liu

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Board digital expertise and digital innovation: Evidence from commercial banks in China

We investigate the effect of board digital expertise (i.e., the presence of board directors with digital expertise) on digital innovation. Using a novel index of digital innovation and a sample of 2,227 bank-year observations for 296 Chinese commercial banks over the period 2008–2018, we find that board digital expertise is positively associated with digital innovation. Our results remain robust when addressing endogeneity concerns, using alternative measures for focal variables, conducting subsample analyses, and adopting alternative estimation techniques. We further find that the positive impact of board digital expertise on digital innovation is more pronounced in banks with greater needs for resource provision. When decomposing board digital expertise, we observe higher levels of digital innovation in banks with digital-savvy directors, who are more effective at channeling resources from external environments. Moreover, we find that digital innovation improves in terms of quantity, quality, scope, openness, iteration, and human agency when more digital experts serve on the board. Finally, we demonstrate that digital innovation is a mechanism that links board digital expertise with better bank performance.

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来源期刊

Research in International Business and Finance BUSINESS, FINANCE-

CiteScore

11.20

自引率

9.20%

发文量

240

期刊介绍： Research in International Business and Finance (RIBAF) seeks to consolidate its position as a premier scholarly vehicle of academic finance. The Journal publishes high quality, insightful, well-written papers that explore current and new issues in international finance. Papers that foster dialogue, innovation, and intellectual risk-taking in financial studies; as well as shed light on the interaction between finance and broader societal concerns are particularly appreciated. The Journal welcomes submissions that seek to expand the boundaries of academic finance and otherwise challenge the discipline. Papers studying finance using a variety of methodologies; as well as interdisciplinary studies will be considered for publication. Papers that examine topical issues using extensive international data sets are welcome. Single-country studies can also be considered for publication provided that they develop novel methodological and theoretical approaches or fall within the Journal''s priority themes. It is especially important that single-country studies communicate to the reader why the particular chosen country is especially relevant to the issue being investigated. [...] The scope of topics that are most interesting to RIBAF readers include the following: -Financial markets and institutions -Financial practices and sustainability -The impact of national culture on finance -The impact of formal and informal institutions on finance -Privatizations, public financing, and nonprofit issues in finance -Interdisciplinary financial studies -Finance and international development -International financial crises and regulation -Financialization studies -International financial integration and architecture -Behavioral aspects in finance -Consumer finance -Methodologies and conceptualization issues related to finance