数字创新对组织弹性与企业风险承担关系的调节作用

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-03-27 DOI:10.1016/j.frl.2025.107331

Chong Zhang , Hanxiao Lu , Chaobo Zhou , Chen Gan

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引用次数: 0

摘要

本文基于2000-2023年中国a股上市公司的数据，研究了组织弹性（OR）与风险承担之间的关系，以及数字创新（DI）在这一关系中的调节作用。研究发现：(1)OR对风险承担具有显著的负向影响，表明高弹性企业倾向于采取保守型风险管理策略。(2) DI可以减弱OR降低企业风险承担的作用。(3)企业间的影响差异显著，国有企业和东部地区企业的影响更为显著。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Role of digital innovation's moderating effect on the relationship between organizational resilience and corporate risk-taking

Based on data spanning 2000–2023 forrom A-share listed Chinese companies, this paper investigates the relationship between organizational resilience (OR) and risk-taking, as well as the moderating effect of digital innovation (DI) on this connection. Findings reveal that: (1) OR has a significantly negative impact on risk-taking, indicating that highly resilient enterprises tend to adopt conservative risk management strategies. (2) DI can weaken the impact of OR in reducing enterprises’ risk-taking. (3) This impact varies significantly across enterprises, with more pronounced effects in state-owned enterprises and eastern regional enterprises.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance