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Enterprise digital transformation, financial information disclosure and innovation efficiency

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  • Wang, Yaozhong
  • He, Pinzhen

Abstract

This paper takes the data of 2114 listed enterprises in Shanghai and Shenzhen A-share markets from 2010 to 2022 as samples for empirical analysis. The results show that digital transformation of enterprises can effectively promote the growth of innovation efficiency of enterprises, and financial information disclosure plays an important intermediary role in the middle. In addition, when the industry competition is high and the marketization level of the region where the enterprise is located is low, the positive effect of digital transformation on the innovation efficiency of the enterprise is more and more significant.

Suggested Citation

  • Wang, Yaozhong & He, Pinzhen, 2024. "Enterprise digital transformation, financial information disclosure and innovation efficiency," Finance Research Letters, Elsevier, vol. 59(C).
    • Handle: RePEc:eee:finlet:v:59:y:2024:i:c:s1544612323010796
    DOI: 10.1016/j.frl.2023.104707
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    References listed on IDEAS

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    1. Zheng, Deyuan & Song, Hang & Zhao, Chunguang & Liu, Yujiao & Zhao, Wenhao, 2024. "Is it possible for semiconductor companies to reduce carbon emissions through digital transformation? Evidence from China," International Journal of Production Economics, Elsevier, vol. 272(C).

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