Digital Transformation and Risk Taking Level of Enterprises
Can the digital transformation of enterprises enhance their risk-taking level?This paper theoretically analyzes the risk-taking effect of enterprise digital transformation and constructs a double-difference model to test the risk-taking impact of enterprise digital transformation,utilizing data from A-share listed companies in China from 2007 to 2021.The results indicate that the digital transformation of enterprises has indeed improved their risk-taking level.Furthermore,it shows that enterprises can enhance their risk-taking level by optimizing supply chain integration,improving input-output efficiency,and reducing transaction costs and internal control costs through digital transformation.These findings not only reveal the risk mechanisms involved in the digital transformation of enterprises but also offer micro-level evidence to support the integration of digital technology into the operational and managerial aspects of real enterprises.
digital transformationrisk-taking leveltransaction costsinput-output efficiencysupply chain integration
万方数据
维普
