财经理论与实践2026，Vol.47Issue(2)：91-100,10.DOI:10.16339/j.cnki.hdxbcjb.2026.02.011
数字化转型与企业可持续财务绩效:首席数字官的调节作用
Digital Transformation and Corporate Sustainable Financial Performance:The Moderating Role of the Chief Digital Officer
摘要
Abstract
Using panel data for Chinese A share listed firms from 2010 to 2023,this study em-ploys a two way fixed effects regression to examine how digital transformation affects corporate sustainable financial performance and how the chief digital officer(CDO)moderates this relation-ship.The results show that digital transformation significantly enhances sustainable financial per-formance by easing firms' financing constraints and improving employees' labor productivity;the appointment of a CDO further amplifies this effect.Heterogeneity tests indicate stronger effects among firms located in provincial capitals,non-state owned firms,small and medium sized enter-prises,and industries with high competition.Accordingly,it is recommended to deepen firms'digital transformation,embed digital leadership in corporate governance,and guide financial mar-kets to support digital initiatives.关键词
数字化转型/可持续财务绩效/首席数字官/融资约束/劳动生产率Key words
digital transformation/sustainable financial performance/chief digital officer/fi-nancing constraints/labor productivity分类
管理科学引用本文复制引用
卿玲丽,唐娟,周彦琳..数字化转型与企业可持续财务绩效:首席数字官的调节作用[J].财经理论与实践,2026,47(2):91-100,10.基金项目
国家社会科学基金项目(25BSH029) （25BSH029）
教育部人文社会科学研究青年基金项目(24YJCZH233) （24YJCZH233）
