数字化转型与企业可持续发展能力——基于中国上市公司数据的研究

Digital Transformation and Enterprise Sustainable Development Capability——A Study Based on the Data of Chinese Listed Companies

基于2011—2021年A股上市公司数据,分析企业数字化转型与企业可持续发展能力的关系,以及内部控制水平、企业创新是否在数字化转型中发挥了中介效应。研究结果表明:企业数字化转型对企业可持续发展能力具有正向作用,在此过程中,内部控制水平与企业创新发挥了中介效应。进一步检验中,将数字化转型划分为五个层面,均能显著提升企业的可持续发展能力,且应用层面的作用要强于技术层面。在调节作用中,高管团队年龄抑制了企业数字化转型对企业可持续发展能力的正向作用,法律环境则起到了促进作用。根据研究结论提出相应建议,为我国上市公司健康发展及政府政策制定提供决策参考。

Based on the data of A-share listed companies from 2011-2021,this paper analyzes the relationship between enterprise digital transformation and enterprise sustainable development ability,and whether the internal control level and enterprise innovation have played a mediating role in digital transformation.The research results show that the digital transformation of enterprises has a positive effect on their sustainable development ability,and in this process,the level of internal control and enterprise innovation play a mediating effect.In further testing,dividing digital transformation into five levels can significantly improve the sustainable development ability of enterprises,and the role of application level is stronger than that of technology level.In the regulatory role,the age of the senior management team inhibits the positive effect of corporate digital transformation on corporate sustainable development capabilities,while the legal environment plays a catalytic role.Based on the research findings,corresponding suggestions are proposed to provide decision-making reference for the healthy development of listed companies and government policy making in China.