Research on the Impact of Foreign Investment on Enterprise Value Under the Background of Digital Transformation

DOI

10.2991/aebmr.k.220402.007How to use a DOI?

Keywords

Digital transformation; Enterprise foreign investment; Enterprise value

Abstract

In the era of digital economy, the application of related technologies has not only met the needs of the digital industry, but also an important means to realize the reform and innovation of traditional industries. With the emergence of a large number of differentiated and personalized products, the level of asset specificity shows a trend of substantial improvement. In this context, based on the asset specificity theory, this paper studies the impact of foreign investment on enterprise value under the background of digital transformation. The results show that digital transformation will promote enterprises’ foreign investment, and the increase of enterprises’ foreign investment will significantly enhance the value of the company. Combined with the characteristics of innovation driven and cross-border integration, this paper expands the asset specificity theory to a certain extent; In practice, it helps to promote the deep integration of digital transformation and real economy, and promote the more effective implementation of digital transformation plan.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Wen Wu
PY  - 2022
DA  - 2022/04/12
TI  - Research on the Impact of Foreign Investment on Enterprise Value Under the Background of Digital Transformation
BT  - Proceedings of the 2022 International Conference on County Economic Development, Rural Revitalization and Social Sciences (ICCRS 2022)
PB  - Atlantis Press
SP  - 29
EP  - 33
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220402.007
DO  - 10.2991/aebmr.k.220402.007
ID  - Wu2022
ER  -