Does the digital transformation of enterprises affect capital mismatch? evidence from Chinese listed firms.
In this study, based on the data of the Chinese listed firms, the effect of digital transformation on capital mismatch was examined. And the potential mechanism was also further discussed. It was found that digital transformation can significantly suppress capital mismatch, especially for non-state-...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Public Library of Science (PLoS)
2025-01-01
|
| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0313674 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1825206768341352448 |
|---|---|
| author | Tianshan Yang Kedong Wu Xinming Du Gonglin Yuan |
| author_facet | Tianshan Yang Kedong Wu Xinming Du Gonglin Yuan |
| author_sort | Tianshan Yang |
| collection | DOAJ |
| description | In this study, based on the data of the Chinese listed firms, the effect of digital transformation on capital mismatch was examined. And the potential mechanism was also further discussed. It was found that digital transformation can significantly suppress capital mismatch, especially for non-state-owned enterprises, mature enterprises, and regions with high marketization and financial technology level. In addition, management capability and information environment are potential influencing mechanisms of digital transformation to suppress capital mismatch. These findings have important implications for revealing the relationship between enterprise digital transformation and capital mismatch, provides new ideas for improving the efficiency of capital allocation, and also provides important insights for enterprises to accelerate digital transformation and promote the high-quality development of enterprises. |
| format | Article |
| id | doaj-art-1248f3347ccb4652af7915abf19a147f |
| institution | Kabale University |
| issn | 1932-6203 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj-art-1248f3347ccb4652af7915abf19a147f2025-02-07T05:30:56ZengPublic Library of Science (PLoS)PLoS ONE1932-62032025-01-01202e031367410.1371/journal.pone.0313674Does the digital transformation of enterprises affect capital mismatch? evidence from Chinese listed firms.Tianshan YangKedong WuXinming DuGonglin YuanIn this study, based on the data of the Chinese listed firms, the effect of digital transformation on capital mismatch was examined. And the potential mechanism was also further discussed. It was found that digital transformation can significantly suppress capital mismatch, especially for non-state-owned enterprises, mature enterprises, and regions with high marketization and financial technology level. In addition, management capability and information environment are potential influencing mechanisms of digital transformation to suppress capital mismatch. These findings have important implications for revealing the relationship between enterprise digital transformation and capital mismatch, provides new ideas for improving the efficiency of capital allocation, and also provides important insights for enterprises to accelerate digital transformation and promote the high-quality development of enterprises.https://doi.org/10.1371/journal.pone.0313674 |
| spellingShingle | Tianshan Yang Kedong Wu Xinming Du Gonglin Yuan Does the digital transformation of enterprises affect capital mismatch? evidence from Chinese listed firms. PLoS ONE |
| title | Does the digital transformation of enterprises affect capital mismatch? evidence from Chinese listed firms. |
| title_full | Does the digital transformation of enterprises affect capital mismatch? evidence from Chinese listed firms. |
| title_fullStr | Does the digital transformation of enterprises affect capital mismatch? evidence from Chinese listed firms. |
| title_full_unstemmed | Does the digital transformation of enterprises affect capital mismatch? evidence from Chinese listed firms. |
| title_short | Does the digital transformation of enterprises affect capital mismatch? evidence from Chinese listed firms. |
| title_sort | does the digital transformation of enterprises affect capital mismatch evidence from chinese listed firms |
| url | https://doi.org/10.1371/journal.pone.0313674 |
| work_keys_str_mv | AT tianshanyang doesthedigitaltransformationofenterprisesaffectcapitalmismatchevidencefromchineselistedfirms AT kedongwu doesthedigitaltransformationofenterprisesaffectcapitalmismatchevidencefromchineselistedfirms AT xinmingdu doesthedigitaltransformationofenterprisesaffectcapitalmismatchevidencefromchineselistedfirms AT gonglinyuan doesthedigitaltransformationofenterprisesaffectcapitalmismatchevidencefromchineselistedfirms |