Digital transformation and investment decisions: A corporate performance perspective

DOI

10.2991/978-94-6463-260-6_19How to use a DOI?

Keywords

Digital transformation; investment decision; corporate performance

Abstract

This research aimed to investigate whether digital transformation affects firms’ investment decisions and the mediation effect of investment decisions between digital transformation and corporate performance. We divide the investment decisions into research and development (R&D) investment and financial investment. Our results conclude that digital transformation increases R&D investment and financial investment. However, the effects of R&D investment and financial investment on corporate performance are different. R&D investment improves corporate performance while the financial investment inhibits corporate performance. Our research provides more detailed guidance for enterprise digital transformation.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Shiguang Li
AU  - Zheng Yang
AU  - Yixiang Tian
PY  - 2023
DA  - 2023/09/28
TI  - Digital transformation and investment decisions: A corporate performance perspective
BT  - Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
PB  - Atlantis Press
SP  - 146
EP  - 153
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-260-6_19
DO  - 10.2991/978-94-6463-260-6_19
ID  - Li2023
ER  -