The Influence of Geographic Location on Digital Transformation of Listed Enterprises: Based on the Moderating Effect of CEO Duality
摘要: 文章基于2011—2020年中国上市企业的面板数据,结合回归分析与ArcGIS空间分析,实证检验了地理位置对企业数字化转型的影响。研究发现:①本地企业数字化密度与企业—城市空间邻近均对企业数字化转型具有显著的促进作用;②CEO两职合一可以强化本地企业数字化密度与企业—城市空间邻近对企业数字化转型的积极影响;③本地企业数字化密度与企业—城市空间邻近对数字化程度较高企业的影响更强,而对数字化程度较低企业的影响则较弱甚至不显著。此外,本地企业数字化密度对企业数字化转型的影响在东中西部地区均显著为正,而企业—城市空间邻近的积极作用仅在东部地区显著。
Abstract: Based on the panel data of Chinese listed enterprises from 2011 to 2020,this paper empirically tests the influence of geographical location on the digital transformation of listed enterprises using the methods of regression analysis and ArcGIS spatial analysis. The findings show that: 1) The digital density of local listed enterprises and the spatial proximity distance of enterprises-main cities (SPDEC) both have a significant promoting effect on the digital transformation of listed enterprises. 2) The CEO duality can strengthen the positive impact of digital density of local listed enterprises and SPDEC on the digital transformation of listed enterprises. 3) The digital density of local listed enterprises and SPDEC have stronger influence on enterprises with high digitalization level,while the influence on enterprises with low digitalization level is weak or even insignificant. In addition,the digital density of local listed enterprises has significantly positive influence on the digital transformation of listed enterprise in eastern,central,and western regions, while the positive effect of SPDEC is only significant in the eastern region.
[V1] | 2024-08-05 10:57:51 | PSSXiv:202408.00655V1 | 下载全文 |
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