Research on the Impact of Female Executive Participation on Enterprise Digital Transformation
This study selects the data of A-share listed companies in Shanghai and Shenzhen,em-pirically tests the impact of female executives on the digital transformation of enterprises and discusses its dynamic transmission mechanism.The findings are as follows:First,the participation of female executives can significantly promote the digital transformation of enterprises,that is,female execu-tives can show the characteristics of"female strength"in the digital transformation;Second,the mechanism test shows that female executives can alleviate the short-termism of management that hin-ders enterprises'digital transformation and exert the"governance effect".And improve the financial redundancy of enterprises to implement digital transformation and release the"resource effect";Thirdly,the further analysis finds that,compared with female-led executive teams,female-affiliated executive teams have a more significant impact on enterprise digital transformation.Female execu-tives'responses to digital transformation of enterprises are more reflected in the depth of specific technology application level,rather than staying at the bottom of the technology level.