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.
Cite this article
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 -