Peer digitalization and corporate investment decision

被引：0
|
作者：
Jiang, Yuanyuan [1 ]
Zheng, Yuanxun [1 ]
Fan, Wenwen [1 ]
Wang, Xi [1 ]
机构：
[1] Northwest Univ Polit Sci & Law, Sch Management, Xian 710122, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 61卷
关键词：
Digital transformation; Investment decision; Spillover effect;
D O I：
10.1016/j.frl.2024.104995
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
The degree of digital transformation within enterprises in the same industry can produce spillover effects, thereby affecting other enterprises within the industry. This paper constructs an empirical model to test the impact of peer digital transformation on corporate investment decisions. The research results indicate that peer digitalization can significantly improve the efficiency of corporate investment decision-making. Further research finds that this significant promotional effect is more evident in non-state-owned enterprises and manufacturing companies.
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页数：6
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