数字化转型对制造业企业绩效的影响研究

A Study on the Impact of Digital Transformation on the Performance of Manufacturing Enterprises

数字化转型是各行各业进入数据时代的必然产物,为研究数字化转型程度与企业绩效的关系,本文选取2012~2022年在沪深A股上市的制造业企业为研究对象,对数字化转型如何影响企业绩效进行了实证研究。结果显示:数字化转型可以提升企业绩效;数字化转型通过总资产周转率、技术创新投入两条路径作用于企业绩效;相较于不同所有权性质和规模的企业,国有企业、大型企业实施数字化转型对企业市场绩效的影响更显著;非国有企业、大型企业实施数字化转型对企业财务绩效的影响更显著。因此,制造业企业应不断提高企业数字化转型程度,利用数字化为企业发展赋能,与此同时还应将企业资源异质性考虑在其中。

Enterprise digital transformation is an inevitable product of all industries entering the data era. In order to study the relationship between the degree of digital transformation and enterprise performance, the paper selects manufacturing enterprises listed in Shanghai and Shenzhen A-shares from 2012 to 2022 as the research object, and conducts an empirical study on how digital transformation affects enterprise performance. The results show that: digital transformation can improve enterprise performance;digital transformation acts on enterprise performance through two paths: total asset turnover ratio and technological innovation investment;compared with enterprises of different ownership nature and size, state-owned enterprises and large enterprises carry out digital transformation more significantly on enterprise market performance;non-state-owned enterprises and large enterprises carry out digital transformation more significantly on enterprise financial performance. Therefore, manufacturing enterprises should continuously improve the degree of enterprise digital transformation, use digital to empower enterprise development, and at the same time should also take enterprise resource heterogeneity into account.