The Influence of Organizational Slack on Enterprise Growth:Based on the Moderating Role of Digital Transformation
Based on the data of Chinese A-share listed companies from 2010 to 2022,this paper,using Python text mining methods,examines the strategic value changes and underlying mechanisms of unabsorbed and absorbed redundancy on enter-prise growth under the conditions of digital transformation.Results show that,first,unabsorbed slack can promote enterprise growth,but the effect of absorbed slack is insignificant.Second,digital transformation improves the ability of enterprises to cope with environmental changes and capture business opportunities,which forms a"substitute"for unabsorbed slack to a certain extent and reduces its strategic value in enterprise growth.Third,digital transformation also partially"activates"the absorbed slack precipitated in the organization,and re-supports the growth of enterprises through resource reconstruction.Enterprises should actively promote the digital transformation of organizational strategy,to reduce the occupation level of un-absorbed slack,revitalize the precipitated redundant resources,and realize the sustainable growth of the organization.