Board networks, enterprise digital transformation, and the mediating role of TFP: evidence from China
Miaomiao Lu,
Chengwei Wang and
Faiza Siddiqui
Applied Economics, 2025, vol. 57, issue 24, 3158-3163
Abstract:
Drawing on the theoretical framework of social networks, this study investigates how a firm’s position within board networks influences its digital transformation initiatives and considers the mediating role of total factor productivity (TFP). The empirical results indicate a positive correlation between a firm’s degree centrality within corporate board networks and its enterprise digital transformation (EDT), whereas the relationship between structural hole constraints and EDT appears to be inversely proportional. TFP is a partial mediator in the channels through which board networks affect EDT. Furthermore, the negative impact of structural hole constraints on non-state-owned enterprises is significant, whereas degree centrality has a significant positive impact on large enterprises.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:57:y:2025:i:24:p:3158-3163
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DOI: 10.1080/00036846.2024.2336883
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