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The impact of corporate digital transformation on labor employment

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  • Han, Yue
  • Yang, Jie
  • Ying, Limeng
  • Niu, Yanfang

Abstract

Our research indicates that digital transformation within enterprises can significantly expand labor employment. This expansion is compatible with the cost reductions and efficiency improvements brought about by digital transformation, enabling enterprises to enlarge their production and service scales, meet growing market demands, and create new business opportunities. Heterogeneity testing results demonstrate that this promotional effect is more pronounced in state-owned enterprises and non-manufacturing industries. Overall, digital transformation is not only a pathway to enhanced competitiveness but also a crucial means of fostering job growth and improving the employment structure in society.

Suggested Citation

  • Han, Yue & Yang, Jie & Ying, Limeng & Niu, Yanfang, 2024. "The impact of corporate digital transformation on labor employment," Finance Research Letters, Elsevier, vol. 60(C).
    • Handle: RePEc:eee:finlet:v:60:y:2024:i:c:s1544612323012606
    DOI: 10.1016/j.frl.2023.104888
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    References listed on IDEAS

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    Cited by:

    1. Liang, Peng & Liang, Lin & Tang, Xinhui, 2024. "The impact of digital-oriented mergers and acquisitions on enterprise labor demand," International Review of Financial Analysis, Elsevier, vol. 96(PB).
    2. Xiaoxia Zhai & Yongmin Luo, 2025. "Can Urban Internet Development Attract Labor Force? Evidence from Chinese Cities," Sustainability, MDPI, vol. 17(1), pages 1-16, January.
    3. Lan, Sen & Cui, Maosheng, 2024. "Enterprise digital transformation and employment: Spillover effect within supply chains," Finance Research Letters, Elsevier, vol. 67(PB).
    4. Zhao, Liupeng & Zhang, Ke, 2024. "Labor protection and corporate labor investment efficiency - Evidence based on the implementation of the "Labor Contract Law"," Finance Research Letters, Elsevier, vol. 69(PA).
    5. Cheng, Jiangyan & Wei, Hongmao, 2024. "Digital tax collection and corporate job creation: An analysis based on the quasinatural experiment of Golden Tax Phase III," Finance Research Letters, Elsevier, vol. 66(C).
    6. Fu, Yumei & Guo, Chun, 2025. "Booster or trapper? Corporate digital transformation and capital allocation efficiency," Research in International Business and Finance, Elsevier, vol. 73(PB).

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