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Digital transformation and high-quality development of sports-listed companies: An analysis of vocabulary from annual report texts

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  • Chao, Li
  • Hongdi, Qin
  • Yijie, Chen

Abstract

This paper selects sports-listed companies from 2013 to 2022 as the sample and employs text analysis methods to test the impact of digital transformation on the high-quality development of the sports industry. The study finds that digital transformation significantly improves high-quality development by improving the firm's market position and innovation level. These findings contribute to the promotion of continuous and stable digital transformation of sports-listed companies and offer policy and strategy guidance to manage transformation as a long-view effort.

Suggested Citation

  • Chao, Li & Hongdi, Qin & Yijie, Chen, 2024. "Digital transformation and high-quality development of sports-listed companies: An analysis of vocabulary from annual report texts," Finance Research Letters, Elsevier, vol. 67(PA).
    • Handle: RePEc:eee:finlet:v:67:y:2024:i:pa:s1544612324008456
    DOI: 10.1016/j.frl.2024.105815
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    References listed on IDEAS

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    Cited by:

    1. Yihao Li & Chuanwen Yu & Jiansheng You & Jing Yang & Shaoyong Ye, 2025. "The Digital Economy, Residents’ Consumption Upgrade, and the High-Quality Development of the Sports Industry: Evidence from Eastern China," SAGE Open, , vol. 15(4), pages 21582440251, October.
    2. Pan, Yuyao & Guo, Xiaochuan, 2025. "Digital technology innovation, entrepreneurship and high-quality corporate development," Finance Research Letters, Elsevier, vol. 82(C).

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