Digital Transformation of Enterprises,Financial Performance and Internal Control Quality
This article selects data from A-share listed companies from 2015 to 2022 as the research sample to explore the relationship between digital transformation and corporate financial performance.Empirical testing has found that digital transformation has a negative impact on the short-term financial performance of enterprises,and this conclusion still holds after robustness testing and endogeneity treatment.The impact of digital transformation on long-term financial performance presents a U-shaped relationship.Further analysis reveals that the negative impact of digital transformation on corporate financial performance is mainly concentrated in small enterprises.Improving the level of internal control will weaken the negative impact of digital transformation on corporate financial performance.
digital transformationfinancial performanceinternal control
万方数据
维普
