Digital transformation and high-quality development of sports-listed companies: An analysis of vocabulary from annual report texts

Li Chao, Qin Hongdi and Chen Yijie

Finance Research Letters, 2024, vol. 67, issue PA

Abstract: This paper selects sports-listed companies from 2013 to 2022 as the sample and employs text analysis methods to test the impact of digital transformation on the high-quality development of the sports industry. The study finds that digital transformation significantly improves high-quality development by improving the firm's market position and innovation level. These findings contribute to the promotion of continuous and stable digital transformation of sports-listed companies and offer policy and strategy guidance to manage transformation as a long-view effort.

Keywords: Corporate digital transformation; Sports-listed company; High-quality development; Text analysis (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:67:y:2024:i:pa:s1544612324008456

DOI: 10.1016/j.frl.2024.105815

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