Manufacturing enterprise digital transformation, manager cognition, and strategic Risk-Taking—Evidence from China
Zhongsheng Zhou,
Jingyao Zhang and
Chao He
International Review of Economics & Finance, 2025, vol. 98, issue C
Abstract:
Exploring how Chinese manufacturing companies integrate digital technology to transform, upgrade, and enhance strategic risk management is essential in the digital economy age. Our study reveals that the performance expectation gap (both the historical performance expectation gap and the industry performance expectation gap) serves as a critical pathway through which digital transformation negatively influences strategic risk-taking. Furthermore, the study highlights that managers’ digital cognition can moderate the inverse relationship between digital transformation and strategic risk-taking. This moderating effect is particularly significant in companies with a concentrated R&D organizational structure, high levels of resilience, and more educated and higher R&D human resources. This study advances the research on strategic risk-taking and offers guidance for decision-making related to enterprise digital transformation and strategic risk management, thereby providing theoretical and practical value.
Keywords: Manufacturing enterprise; Digital transformation; Manager cognition; Strategic risk-taking (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1059056025000693
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:98:y:2025:i:c:s1059056025000693
DOI: 10.1016/j.iref.2025.103906
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 ().