Analysis of the impact mechanisms of the digital economy and executive risk preference on the intelligent transformation of enterprises

Yuzhen Yang and Mingfu Tang

International Review of Economics & Finance, 2025, vol. 102, issue C

Abstract: This paper conducts an empirical analysis using sample data from Chinese listed companies between 2010 and 2023, examining the impact of the digital economy and executives' risk preferences on enterprises' intelligent transformation. The empirical results confirm that the digital economy significantly promotes enterprises' intelligent transformation; executives' risk preferences notably inhibit such transformation; the digital economy plays a moderating role in the relationship between executives' risk preferences and enterprises' intelligent transformation; the digital economy's impact on intelligent transformation demonstrates significant variability when contrasting heavily polluting enterprises with their lightly polluting counterparts; similarly, the impact of executives' risk preferences on intelligent transformation also shows heterogeneity between heavily polluting enterprises and lightly polluting enterprises.

Keywords: Digital economy; Executives risk preference; Intelligent transformation (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1059056025005520
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:102:y:2025:i:c:s1059056025005520

DOI: 10.1016/j.iref.2025.104389

Access Statistics for this article

International Review of Economics & Finance is currently edited by H. Beladi and C. Chen

More articles in International Review of Economics & Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().