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Digital Transformation and Enterprise Risk-Taking

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  • Zhao, Zeru

Abstract

This study examines the impact of enterprise digital transformation and the level of enterprise risk-taking on a sample of Chinese listed companies from 2012 to 2022. The findings show that digital transformation of enterprises significantly increases the risk-taking level of enterprises, and the impact of the degree of digital transformation of enterprises is more obvious for non-state-owned enterprises and small and medium-sized enterprises. Our study provides a new research perspective on enterprise digital transformation, which is of policy guidance significance to enterprises.

Suggested Citation

  • Zhao, Zeru, 2024. "Digital Transformation and Enterprise Risk-Taking," Finance Research Letters, Elsevier, vol. 62(PA).
    • Handle: RePEc:eee:finlet:v:62:y:2024:i:pa:s1544612324001697
    DOI: 10.1016/j.frl.2024.105139
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    References listed on IDEAS

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    Cited by:

    1. Jie Liang & Mengfan Wang, 2024. "Executive Social Connection, Regional Digital Economy Development, and Enterprise Digital Transformation," Sustainability, MDPI, vol. 16(15), pages 1-20, July.
    2. Yongxia Wu & Haiqing Hu & Xianzhu Wang, 2024. "Commercial Credit Financing and Corporate Risk-Taking: Inhibiting or Facilitative?," Sustainability, MDPI, vol. 16(16), pages 1-22, August.
    3. Yu Sang & Kannan Loganathan & Lu Lin, 2024. "Digital Transformation and Firm ESG Performance: The Mediating Role of Corporate Risk-Taking and the Moderating Role of Top Management Team," Sustainability, MDPI, vol. 16(14), pages 1-18, July.

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