Does Digital Transformation Reduce Managers' Excess Perks Consumption?

被引：0
|
作者：
Pan, Xiaozhen [1 ]
Wang, Xiameng [1 ]
机构：
[1] Hangzhou Dianzi Univ, Sch Accounting, 2nd St, Hangzhou 310018, Peoples R China
来源：
EMERGING MARKETS FINANCE AND TRADE | 2024年
关键词：
Digital transformation; excess perks consumption; enterprise life cycle; CEO tenure; M41; M54; O33; D01; FIRM;
D O I：
10.1080/1540496X.2024.2354800
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Digital transformation is a crucial way to promote the modernization of corporate governance capabilities. We investigate the impact of digital transformation on managers' excess perks consumption using a sample of Shanghai and Shenzhen A-share listed companies from 2010 to 2021. Our research shows that digital transformation can significantly inhibit managers' excess perks consumption, and this inhibitory effect is mainly achieved by strengthening internal supervision and improving investors' attention. In addition, this inhibitory effect primarily occurs in the growth and maturity sub-samples and the short CEO tenure sub-samples.
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页数：21
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