As digital technology,represented by"ABCD",is gradually applied to all aspects of enterprises,it has brought profound changes to the overall process design,strategy development and value creation of enterprises.Based on the perspective of financial restatement,this paper empirically examines the impact of digital transforma-tion on financial restatement by using listed A-share companies from 2007 to 2020 as a research sample.The study finds that the digital transformation of companies significantly reduces the probability of financial restate-ment,which remains valid after a series of robustness tests.Heterogeneity tests found that the degree of corporate digital transformation had a more significant inhibitory effect on financial restatements when the nature of owner-ship was state-owned,audit quality was better and the marketisation process was less advanced.Further re-search finds that corporate digital transformation enhances the quality of corporate accounting disclosure through two paths:improving the quality of internal controls and increasing the number of analysts tracking to reduce ex-ternal information asymmetry.
关键词
企业数字化转型/公司治理/财务重述/内部控制质量/信息不对称
Key words
corporate digital transformation/corporate governance/financial restatement/internal control quality/information asymmetry
维普
万方数据