Proceedings of the 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024)

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Digital Transformation and Corporate Risk-taking from the Perspective of Resilience

Authors
Pengcheng Wang1, Shuo Ma1, *, Songqiang Wu1
1Nanjing Tech University, School of Economic & Management, Nanjing, 211816, China
*Corresponding author. Email: 13770847298@163.com
Corresponding Author
Shuo Ma
Available Online 29 August 2024.
DOI
10.2991/978-94-6463-488-4_12How to use a DOI?
Keywords
Digital transformation; Enterprise risk-taking; Continuous DID; “Digital China” strategy
Abstract

Promoting the enterprise digital transformation is a key measure for enterprises to deal with the impact of external risks, improving the resilience and safety level of enterprises has become an eager concern of all circles. From the perspective of enterprise resilience, we regarded the “digital China” strategy as a quasi-natural experiment, and constructed the continuous DID model, aiming to test the effect and mechanism of digital transformation on enterprise risk-taking ability. The results show that digital transformation has a significant promoting effect on enterprise risk-taking. Digital transformation can improve the enterprise risk-taking ability by leveraging the “shock absorption” effect, “energy dissipation” effect, and “regeneration development” effect. This study further enriches the research connotation of digital transformation and enterprise resilience.

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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Volume Title
Proceedings of the 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
29 August 2024
ISBN
978-94-6463-488-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-488-4_12How 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  - Pengcheng Wang
AU  - Shuo Ma
AU  - Songqiang Wu
PY  - 2024
DA  - 2024/08/29
TI  - Digital Transformation and Corporate Risk-taking from the Perspective of Resilience
BT  - Proceedings of the 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024)
PB  - Atlantis Press
SP  - 112
EP  - 118
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-488-4_12
DO  - 10.2991/978-94-6463-488-4_12
ID  - Wang2024
ER  -