Independent and joint effects of CSR and CSI on the effectiveness of digital transformation for transition economy firms
Xi Zhong and
Ge Ren
Journal of Business Research, 2023, vol. 156, issue C
Abstract:
This study examines how digital transformation affects the short-term performance and long-term value of transition economy firms as well as the moderating role of corporate social responsibility (CSR) and corporate social irresponsibility (CSI) in these relationships. We believe that digital transformation inhibits the short-term performance but increases the long-term value of transition economy firms. Furthermore, CSR and CSI have important contingency roles in the effectiveness of digital transformation. While CSR enhances the effectiveness of digital transformation, CSI weakens it. Finally, we believe that the enhancement role of CSR is weaker than the weakening role of CSI in the effectiveness of digital transformation. Using empirical data of Chinese listed companies from 2008 to 2020, we obtain empirical evidence confirming most of these theoretical views. This study provides new insights into the literature on digital transformation and firm ethical practices and presents important practical implications.
Keywords: Corporate social (ir)responsibility; Digital transformation; Transition economy; Effectiveness (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0148296322009432
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:jbrese:v:156:y:2023:i:c:s0148296322009432
DOI: 10.1016/j.jbusres.2022.113478
Access Statistics for this article
Journal of Business Research is currently edited by A. G. Woodside
More articles in Journal of Business Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().