数字化投资对组织韧性的影响研究——来自制造业上市公司的证据

A Study of the Impact of Digital Investment on Organizational Resilience:Evidence from Listed Manufacturing Companies

组织韧性因其赋予组织适应环境冲击并从中恢复的能力而受到广泛关注,具备稳定性和灵活性两大核心属性。本文在新冠疫情与企业数字化双重背景下,采用沪深A股制造业上市公司2018—2021年的数据,考察数字化投资对组织韧性的影响,分别检验了数字化投资对企业的稳定性和灵活性的影响。研究结果表明:(1)数字化投资对企业稳定性有显著的正向影响,数字化投资强度越大的企业在疫情下遭受的损失越小;(2)数字化投资对企业灵活性有显著的正向影响,数字化投资强度越大的企业越能更快地从疫情中恢复过来。研究结论在理论层面回答了数字化投资和组织韧性之间的关系,为企业的数字化投资决策和韧性能力建设提供了启示。

Organizational resilience has received widespread attention for its ability to empower organizations to adapt to and recover from environmental shocks,with two core attributes of stability and flexibility.In this paper,the impact of digital investment on organizational resilience is examined in the dual context of the COVID-19 and enterprise digitization,using data from Shanghai and Shenzhen A-share listed manufacturing companies from 2018—2021,and the impact of digital investment on enterprise stability and flexibility is examined separately.The findings show that(1)Digital investment has a significant positive impact on enterprise stability,and enterprises with higher intensity of digital investment suffer less damage under the COVID-19;(2)Digital investment has a significant positive impact on enterprise flexibility,and enterprises with higher intensity of digital investment can recover from the COVID-19 faster.The findings of the study answer the relationship between digital investment and organizational resilience at the theoretical level and provide insights for digital investment decisions and resilience capacity building of enterprises.