Benefits of Top Management Team Education for Corporate Digital Transformation: A Critical Mass Perspective from China

Sultan Sikandar Mirza, Yiyao Miao, Shaen Corbet, Frank Scrimgeour and John W. Goodell

Finance Research Letters, 2024, vol. 61, issue C

Abstract: We examine how the academic background of Top Management Teams (TMT) affects corporate digital transformation (CDT). Utilising a sample of listed firms in China for 2007–2022, we test for the influence of the critical mass and range of TMT members. Our results add to the existing body of knowledge by demonstrating a relationship between the academic background of TMT and CDT. Findings suggest that TMT is a significant facilitator of digital transformation, contingent upon the specific academic backgrounds that TMT members possess. Findings suggest that the strategic appointment of TMT members with specific academic backgrounds can significantly digital transformation.

Keywords: Critical Mass Theory; Academic TMT; Corporate Digital Transformation; China (search for similar items in EconPapers)
JEL-codes: C23 G30 J16 M15 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:61:y:2024:i:c:s1544612324000060

DOI: 10.1016/j.frl.2024.104976

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