IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v69y2024ipas1544612324010997.html
   My bibliography  Save this article

How does digital transformation affect firm technical efficiency? Evidence from China

Author

Listed:
  • Zhang, Chaolin
  • Deng, Yongqi

Abstract

This paper explores the effect of digital transformation on firm technical efficiency. The results show that digital transformation significantly promotes firm technical efficiency by enhancing firm technological progress, improving firm capital allocation efficiency, and optimizing firm human capital structure. In addition, the efficiency improvement effect of firm digital transformation is particularly pronounced in regions with advanced levels of digital economy or digital finance development. Consequently, this study extends the research on the economic effects of firm digital transformation and provides policy insights for governmental promotion of firm digital transformation initiatives.

Suggested Citation

  • Zhang, Chaolin & Deng, Yongqi, 2024. "How does digital transformation affect firm technical efficiency? Evidence from China," Finance Research Letters, Elsevier, vol. 69(PA).
    • Handle: RePEc:eee:finlet:v:69:y:2024:i:pa:s1544612324010997
    DOI: 10.1016/j.frl.2024.106069
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612324010997
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2024.106069?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Digital transformation; Firm technological efficiency; Firm technological progress; Capital allocation efficiency; Human capital structure;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:69:y:2024:i:pa:s1544612324010997. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.