Digital Transformation and Corporate Risk-taking from the Perspective of Resilience

Pengcheng Wang (), Shuo Ma () and Songqiang Wu ()
Additional contact information
Pengcheng Wang: Nanjing Tech University, School of Economic & Management
Shuo Ma: Nanjing Tech University, School of Economic & Management
Songqiang Wu: Nanjing Tech University, School of Economic & Management

A chapter in Proceedings of the 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024), 2024, pp 112-118 from Springer

Abstract: Abstract Promoting the enterprise digital transformation is a key measure for enterprises to deal with the impact of external risks, improving the resilience and safety level of enterprises has become an eager concern of all circles. From the perspective of enterprise resilience, we regarded the “digital China” strategy as a quasi-natural experiment, and constructed the continuous DID model, aiming to test the effect and mechanism of digital transformation on enterprise risk-taking ability. The results show that digital transformation has a significant promoting effect on enterprise risk-taking. Digital transformation can improve the enterprise risk-taking ability by leveraging the “shock absorption” effect, “energy dissipation” effect, and “regeneration development” effect. This study further enriches the research connotation of digital transformation and enterprise resilience.

Keywords: Digital transformation; Enterprise risk-taking; Continuous DID; “Digital China” strategy (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:advbcp:978-94-6463-488-4_12

Ordering information: This item can be ordered from
http://www.springer.com/9789464634884

DOI: 10.2991/978-94-6463-488-4_12

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().