Does the Digital Transformation of Enterprises Promote Common Prosperity?

-Perspectives Based on Different Stages of Distribution

DOI

10.2991/978-94-6463-441-9_69How to use a DOI?

Keywords

Digital transformation; common prosperity; Initial distribution; Redistribution; third distribution; taxes; social donations

Abstract

This study examines the relationship between corporate digital transformation and common prosperity, particularly at three different distributional stages. The results of the study show that digital transformation has a positive impact on the economic performance of companies at the stage of initial distribution, increasing the level of wages per capita and driving up the growth rate of employee compensation. This could be due to digital transformation improving productivity, innovation, and business process optimization. However, in the redistribution phase, the impact of digital transformation on taxation presents complexities. While digital transformation may have increased profitability, companies may also be able to reduce their tax burden through tax optimization strategies. In the third distribution stage, digital transformation may reduce firms' social donations, which may be related to the fact that firms are focusing more on internal investment and technological innovation in digital transformation. Overall, the contribution of digital transformation to common prosperity at different distributional stages presents complex implications that require additional research and policy interventions to ensure its positive contribution to common prosperity.

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  - Zhijie Zhang
PY  - 2024
DA  - 2024/06/21
TI  - Does the Digital Transformation of Enterprises Promote Common Prosperity?
BT  - Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)
PB  - Atlantis Press
SP  - 814
EP  - 827
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-441-9_69
DO  - 10.2991/978-94-6463-441-9_69
ID  - Zhang2024
ER  -