The technology-intensive nature of the manufacturing industry makes it a typical example of how advanced technology promotes productivity.Digital transformation is driving significant changes in manufacturing production methods and profoundly affecting cost management behaviors of enterprises.This study uses data from listed manufacturing companies on the Shanghai and Shenzhen stock exchanges from 2013 to 2021 to examine the impact of digital transformation on enterprise cost stickiness in manufacturing industry.The study finds that digital transformation has a restraining effect on enterprise cost stickiness in manufacturing industry.Moreover,under the condition of weak internal control and high degree of information asymmetry,the inhibitory effect of digital transformation on enterprise cost stickiness is stronger.From an analysis of corporate ownership,the results suggest that the inhibitory effect of digital transformation on enterprise cost stickiness is more effective in non-state-owned enterprises.This study provides theoretical evidence for understanding the impact of digital transformation in manufacturing industry on resource allocation efficiency and enriches the research on the economic consequences of digital transformation.
关键词
数字化转型/企业成本粘性/内部控制/信息不对称
Key words
digital transformation/enterprise cost stickiness/internal control/information asymmetry
万方数据