The Impact of Digital Transformation on the High-Quality Development of Enterprises: An Exploration Based on Meta-Analysis

Dong Liang () and Jin Tian
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Dong Liang: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China
Jin Tian: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China

Sustainability, 2024, vol. 16, issue 8, 1-18

Abstract: With the rapid development of the digital economy and digital technologies, the significance of digital transformation for high-quality enterprise development has been growing. Anchored in the framework of the Resource-Based View, this study employs a meta-analytic approach to systematically, quantitatively analyze 40 empirical studies published between 2010 and 2022. The aims are to synthesize and identify the impact mechanisms of digital transformation on high-quality enterprise development, while also further examining the moderating effects of heterogeneity. The findings reveal that digital transformation exerts a significantly positive influence on high-quality enterprise development through three mechanisms: factors related to innovation, factors linked to enterprise performance, and factors associated with capital market performance. Notably, irrespective of the degree of heterogeneity, both the primary effects of digital transformation on high-quality enterprise development and the moderating effects of various impact mechanisms are statistically significant. The results underscore the importance of digital transformation in driving high-quality enterprise development and offer valuable insights for relevant decision makers.

Keywords: digital transformation; enterprise; meta-analysis; high-quality; moderating effect (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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