COVID-19 Impact,Digital Transformation and Corporate Performance—Based on an Empirical Analysis of China's A-Share Listed Companies from 2007 to 2021
At this stage,digital technologies such as big data,the Internet of Things,and cloud computing have brought pro-found changes to social production and lifestyle.In order to adapt to the development of The Times,Chinese enterprises active-ly try digital transformation.In order to better reveal the driving role of enterprise digital transformation on the high-quality de-velopment of enterprises and promote enterprises to accelerate the pace of digital transformation,this paper constructs enter-prise digital transformation indicators through text analysis,and takes China's A-share listed companies from 2007 to 2021 as samples.This paper empirically examines the impact of digital transformation on enterprise performance.The results show that:enterprise digital transformation has a positive impact on enterprise performance improvement,and this positive impact is more obvious in technology-intensive industries,and reducing management cost and financing cost is an important mechanism of en-terprise digital transformation to have a positive impact on enterprise performance improvement.In addition,the impact of CO-VID-19 reinforces the positive impact of digital transformation on business performance.
enterprise digital transformationenterprise performancefinancing costsmajor public health emergencyCOVID-19 pandemic
NETL
NSTL
万方数据
