Under the tide of the global digital economy,the enterprise digital transformation has a pro-found impact on the operation management and cost.Based on the sample of A-share listed companies from 2010 to 2021,this paper constructs indicators of enterprise digital transformation and explores the effect of enterprise digital transformation on labor cost stickiness and its mechanism generation.It is found that digital transformation significantly reduces labor cost stickiness,and the findings remain valid after a series of ro-bustness tests.Mechanistic analysis shows that digital transformation helps to improve the quality of internal control and thus reduces labor cost stickiness.Heterogeneity analysis shows that the effect of digital transfor-mation on labor cost stickiness is more pronounced in non-state enterprises,declining enterprises,labor-in-tensive enterprises,and those in eastern and central China.Further test indicates that digital transformation has a long-term inhibitory effect on reducing labor cost stickiness in enterprises that is mainly reflected in la-bor stickiness rather than salary stickiness,and in ordinary employees rather than executives as well.Enter-prise digital transformation can better improve labor cost and economic efficiency.The study reveals the mechanism of the impact of enterprise digital transformation on the cost disposition of the enterprise,and provides practical guidance for achieving high-quality coordinated development between the digital economy and the real economy.
digital transformationlabor cost stickinessinternal controlseconomic efficiency of labor cost
NETL
NSTL
万方数据
