In the context of rapid digital technology advancement,digital transformation stands out as a crucial means for enhancing the value of bus-inesses.This article primarily examines the impact of digital transformation on financial restatements within enterprises and its underlying mechanisms.The research reveals that embarking on digital transformation enhances the internal governance environment and improves the efficiency of corporate information processing,consequently reducing the likelihood of financial restatements.The findings from the analysis of the influence mechanisms indicate that digital transformation lowers the probability of financial restatements by optimizing internal control quality and reducing information costs within organizations.Heterogeneity analysis results demonstrate that in companies with poor corporate governance and high business complexity the effects of digital technology are more pronounced.This study sheds light on the governance effects of digital transformation,offering micro-level evidence of how digital technology pro-pels capital market development and provides decision-making insights for driving digital transformation in enterprises.
Digital TransformationInternal Governance EffectInformation Processing EffectFinancial Restatement
万方数据
维普
