上海管理科学2025，Vol.47Issue(2)：78-86,9.
财务柔性对企业数字化转型的影响研究
The Impact of Financial Flexibility on the Digital Transformation of Enterprises
郑晓薇 1何诗凝1
作者信息
- 1. 上海外国语大学 国际工商管理学院,上海 201620
- 折叠
摘要
Abstract
The digital economy has become a crucial pillar of China's national economy,fundamen-tally reshaping societal and economic operations through its deep integration with the real economy.Understanding the factors driving digital transformation has therefore become a research priority.This study empirically examines the impact of financial flexibility on corporate digital transformation using data from Chinese A-share listed companies from 2011 to 2022.The findings indicate that financial flexibility significantly promotes digital transformation in enterprises.Mechanism analysis reveals that this effect operates through enhanced dynamic capabilities and increased R&D investment.Moreover,the im-pact is more pronounced in high-tech enterprises and small and medium-sized enterprises.This study con-tributes to the literature by exploring micro-level drivers of digital transformation in enterprises and provid-ing empirical evidence to support policies that further integrate the digital and real economies.关键词
财务柔性/数字化转型/动态能力/研发投入Key words
financial flexibility/digital transformation/dynamic capability,R&D investment分类
管理科学引用本文复制引用
郑晓薇,何诗凝..财务柔性对企业数字化转型的影响研究[J].上海管理科学,2025,47(2):78-86,9.
