Impact of population aging on corporate digital transformation strategies: An empirical investigation based on population census data from various provinces in China

Pengmian Wang and Tao Zhao

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

Abstract: Given an aging population, it is crucial to examine how digital transformation affects enterprises. This study uses data from the 2011–2021 Chinese population census and A-share listed companies to examine how aging directly hampers financial support and decision-making for digital transformation. It also explores its indirect effects through financial strategies and management perspectives. The study indicates that aging impacts digital transformation more in nonstate-owned and small to medium-sized enterprises, offering strategic insights for policymakers.

Keywords: Digital transformation; Population aging; Corporate strategy; Corporate digitalization; Financial support (search for similar items in EconPapers)
JEL-codes: J11 J14 M15 O32 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324008687
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:finlet:v:67:y:2024:i:pa:s1544612324008687

DOI: 10.1016/j.frl.2024.105838

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().