Based on A-share manufacturing company's data from 2013 to 2022,we deeply explore the effect and mechanism of digital transformation on enterprise resilience.We found that digital transformation will sig-nificantly improve the resilience level of enterprises,and improving the level of enterprise innovation and in-formation disclosure are the main channels.For the regulatory effect,the stronger the financing constraints and market competition faced by enterprises,the more significant the role of digital transformation in promo-ting enterprise resilience.From the heterogeneity perspective,digital transformation has a more significant effect on corporate resilience for the growing enterprises,labor-intensive and technology-intensive industries.
digital transformationenterprise resiliencefinancing constraintsmarket competition