IDEAS home Printed from https://ideas.repec.org/a/eee/riibaf/v69y2024ics0275531924000783.html
   My bibliography  Save this article

The impact of enterprise digital transformation on risk-taking: Evidence from China

Author

Listed:
  • Luo, Wenbing
  • Yu, Yuxin
  • Deng, Mingjun

Abstract

With the continuous emergence of digital technology, the transformation and upgrading of enterprise digitalization has become the focus of the industry. This paper takes all A-share listed enterprises in China’s capital market from 2010 to 2021 as the sample, to test the impact of digital transformation on risk-taking. The research finds that digital transformation significantly promotes risk-taking level. Further analysis shows that the impact of enterprise digitalization on risk-taking has obvious heterogeneity, the positive impact is more significant in non-heavily polluting enterprises, small-scale enterprises and non-state-owned enterprises; investment efficiency and cost stickiness moderate the above relationship; digital transformation enhances risk-taking by improving managerial ability, strategic deviance and asset utilization. Our study provides enlightenment for enhancing the risk-taking level.

Suggested Citation

  • Luo, Wenbing & Yu, Yuxin & Deng, Mingjun, 2024. "The impact of enterprise digital transformation on risk-taking: Evidence from China," Research in International Business and Finance, Elsevier, vol. 69(C).
    • Handle: RePEc:eee:riibaf:v:69:y:2024:i:c:s0275531924000783
    DOI: 10.1016/j.ribaf.2024.102285
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0275531924000783
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ribaf.2024.102285?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.

    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:riibaf:v:69:y:2024:i:c:s0275531924000783. 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/ribaf .

    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.