Impact of CEO overconfidence on enterprise digital transformation: Moderating effect based on digital finance

被引：10
|
作者：
Zhu, Changchun [1 ,2 ]
Li, Na [3 ]
Ma, Jing [1 ]
机构：
[1] Nanjing Univ Aeronaut & Astronaut, Coll Econ & Management, Nanjing, Peoples R China
[2] Jiangsu Open Univ, Business Sch, Nanjing, Peoples R China
[3] Nanjing Forestry Univ, Fac Humanities & Social Sci, Nanjing, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 59卷
基金：
中国博士后科学基金; 中国国家自然科学基金;
关键词：
CEO overconfidence; Enterprise digital transformation; Digital finance; Digital inclusion finance;
D O I：
10.1016/j.frl.2023.104688
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
The rapidly expanding digital economy has driven enterprises' digital transformation. This study examines the influence of CEO overconfidence on an enterprise's digital transformation using a behavioral finance approach. We discovered that (1) CEO overconfidence contributes significantly and positively to enterprise digital transformation. (2) Digital finance and its breadth of coverage, depth of use, and level of digitization positively moderate CEO overconfidence and enterprise digital transformation. (3) The promotional effect of CEO overconfidence on the digital transformation of high-tech, noncapital-intensive, and non-heavily polluting firms is significant.
引用
收藏
页数：8
相关论文
共 50 条
  • [21] The path of digital transformation driving enterprise growth: The moderating role of financing constraints
    Li, Mou
    Wei, Lei
    INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2024, 96
  • [22] The impact of heterogeneous environmental regulation on high-quality economic development in China: based on the moderating effect of digital finance
    Xingmin Yin
    Luyao Qi
    Jinglin Zhou
    Environmental Science and Pollution Research, 2023, 30 : 24013 - 24026
  • [23] Supply Chain Finance and the Sustainable Growth of Chinese Firms: The Moderating Effect of Digital Finance
    Liu, Tinghua
    Liu, Weiya
    Elahi, Ehsan
    Liu, Xiao
    FRONTIERS IN ENVIRONMENTAL SCIENCE, 2022, 10
  • [24] The impact of heterogeneous environmental regulation on high-quality economic development in China: based on the moderating effect of digital finance
    Yin, Xingmin
    Qi, Luyao
    Zhou, Jinglin
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2023, 30 (09) : 24013 - 24026
  • [25] CEO Overconfidence and Firm Performance: The Moderating Effect of Restaurant Franchising
    Kim, Hong Soon
    Jang, SooCheong
    CORNELL HOSPITALITY QUARTERLY, 2021, 62 (02) : 276 - 292
  • [26] The impact of government digital attention on enterprise digital transformation: empirical insights from China
    Xu, Wanli
    Peng, Zihao
    Feng, Zhiyun
    Peng, Caodie
    APPLIED ECONOMICS LETTERS, 2024,
  • [27] EFFICIENCY DIGITAL TRANSFORMATION OF ENTERPRISE
    Kantemirova, Mira
    Alikova, Zara
    Dzakoev, Zaur
    Alikova, Tamara
    Bolatova, Margarita
    INDO AMERICAN JOURNAL OF PHARMACEUTICAL SCIENCES, 2019, 6 (05): : 10654 - 10657
  • [28] Enterprise Architecture for Digital Transformation
    Korhonen, Janne J.
    Halen, Marco
    2017 IEEE 19TH CONFERENCE ON BUSINESS INFORMATICS (CBI), VOL 1, 2017, 1 : 349 - 358
  • [29] The effect of digital infrastructure development on enterprise green transformation
    Guo, Bingnan
    Hu, Peiji
    Lin, Ji
    INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2024, 92
  • [30] Impact of CEO's scientific research background on the enterprise digital level
    Luo, Yi
    Cui, Rongda
    Ma, Jian
    Jin, Yukun
    Li, Mengheng
    Lin, Shu
    HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS, 2024, 11 (01):
12345