Research on the Transmission Mechanism of Digital Transformation Empowering Agricultural-related Enterprises to Improve Operational Performance:A Study Based on a Double Fixed Effects Model
Based on a double fixed-effect model,this paper analyzes the transmission mecha-nism of digital transformation empowering agriculture-related enterprises to improve operational performance.The paper selects the data of 126 A-share listed agriculture-related enterprises from 2010 to 2020.This empirical study finds that:(1)It verifies the enabling effect of digital transfor-mation on the improvement of business performance of agricultural-related enterprises,and finds that the effect has a continuous positive effect;(2)The efficiency of operating cost management in digital transformation empowers the business performance of agricultural-related enterprises.The transmission of improvement plays a complete intermediary effect,that is,digital transformation im-proves the operating performance of agricultural-related enterprises by improving the management level of enterprises'operating costs;(3)During the period,the efficiency of expense management is the transmission of digital transformation to empower agricultural-related enterprises to improve their operational performance.It plays a masking effect,that is,digital transformation increases the proportion of enterprise expenses in total revenue during the period,thereby weakening the effect of digital transformation on improving business performance.Based on the above findings,the study also puts forward suggestions on how digital transformation empowers agricultural enterprises to im-prove their business performance.
NETL
NSTL
万方数据
