Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)

<Previous Article In Volume
Next Article In Volume>

Does the Digital Transformation of Enterprises Promote Common Prosperity?

-Perspectives Based on Different Stages of Distribution

Authors
Zhijie Zhang1, *
1Horticulture Major, College of Horticulture, Jilin Agricultural University, Changchun City, Jilin Province, 130118, China
*Corresponding author. Email: zzjzzjzzj2002@163.com
Corresponding Author
Zhijie Zhang
Available Online 21 June 2024.
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.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
21 June 2024
ISBN
978-94-6463-441-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-441-9_69How to use a DOI?
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.

Cite this article

risenwbib
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  -