Can digital transformation promote the turnaround of declining firms? Empirical evidence from Chinese listed companies DOI
Fang Xiao-zhen, Fang Yuan

Business Process Management Journal, Journal Year: 2024, Volume and Issue: unknown

Published: Oct. 24, 2024

Purpose Digital transformation provides a new impetus for the development of declining firms. However, there is currently lack sufficient research on whether digital beneficial turnaround This paper aims to explore relationship between and Design/methodology/approach Drawing theoretical foundations resource-based view dynamic capabilities theory, this uses comprehensive dataset Chinese A-share listed companies from 2010–2021 influence Findings The findings show that contributes Mechanism analyses demonstrate enhances attracts more analysts, thereby facilitating process. Moreover, moderation analysis reveals CEO equity incentives strengthen positive correlation Heterogeneity indicates association firms particularly significant with low financing constraints high-tech can facilitate in deep long-term decline. Originality/value literature enterprises important insights

Language: Английский

Do competitive strategies affect working capital management efficiency? DOI
Ahmed Mohamed Habib,

Guo-liang Yang,

Yuan Cui

et al.

Business Process Management Journal, Journal Year: 2024, Volume and Issue: 30(5), P. 1716 - 1736

Published: June 19, 2024

Purpose This study examines the effects of CLS and DS on companies' WCME analyses differences in at company market levels. Design/methodology/approach adopts DEA approach, regression, differences, additional to achieve its objectives. employs 235 non-financial companies 1,175 company-year observations from eight active industries United States 2016 2020. Findings The findings indicate that strategies positively influence WCME. Additionally, differed across size categories industries, with large those operating communication services industry showing better By contrast, did not differ between periods before during COVID-19 pandemic. Practical implications scrutinizes impact bridge gap this field. It extends investigation competitive as explanatory variables for a company's levels, which may assist decision-makers improving their efficiencies continuous improvement. Originality/value enhances current knowledge by uncovering WCME, an underexplored topic. also explores trends patterns regarding size, type, pandemic period draw interesting conclusions about essence

Language: Английский

Citations

23

Exploring the Impact of Digital Transformation on Non-Financial Performance in Central and Eastern European Countries DOI Open Access

Alexandru Buglea,

Irina Daniela L. Cismasu, Delia Gligor

et al.

Electronics, Journal Year: 2025, Volume and Issue: 14(6), P. 1226 - 1226

Published: March 20, 2025

This article explores the intricate relationship between digital transformation and non-financial performance in Central Eastern European (CEE) countries. As these nations navigate complexities of post-communist economic landscapes, role digitalization emerges as a pivotal factor influencing various dimensions organizational beyond mere financial outcomes. In this framework, our research aims to analyze ways which (as proxied by DESI) impacts range metrics (ESG) order furnish thorough comprehension interplay within specific context CEE With data collected over an 11-year timeframe, we performed panel analysis, relying on robust regression. The main findings indicate that profoundly environmental (CO2 emissions, renewable energy consumption), social (ratio female-to-male labor force participation rate, unemployment) governance (government effectiveness) countries, although effects vary significantly across different regions. highlight potential areas for policy emphasis, particularly relation reducing CO2 improving regulatory quality, advancing integration connectivity. disparities identified may inform targeted strategies aimed at uplifting underperforming regions, thereby contributing enhanced growth sustainability.

Language: Английский

Citations

0

Influence of environmental, social and governance (ESG) disclosures on consumer brand perceptions and behavioral intentions DOI
Li Cheng, Hsien-Long Huang

Asia Pacific Journal of Marketing and Logistics, Journal Year: 2024, Volume and Issue: unknown

Published: Nov. 19, 2024

Purpose This study investigates how consumers’ perceptions of brand prominence and credibility are influenced by companies’ disclosure transparency quality environmental, social governance (ESG) information. It also examines regulatory focus influences the relationship between purchase intention credibility. Design/methodology/approach The employs a quantitative approach, utilizing an online survey 464 Taiwanese consumers. data collected is analyzed using structural equation modeling (SEM) to evaluate direct indirect effects perceived ESG information on prominence, intentions. Findings findings reveal that significantly enhance prominence. Consequently, increased have significant positive impact consumer Additionally, identifies moderation effect, wherein prevention strengthens influence Originality/value contributes literature management behavior integrating theory with impacts provides new insights into ESG-related communications behavior, highlighting importance transparent high-quality in fostering trust evaluations.

Language: Английский

Citations

1

An empirical research on ESG, digital transformation and firm value in China DOI Open Access

Ke Li,

Chonlavit Sutunyarak

Journal of Infrastructure Policy and Development, Journal Year: 2024, Volume and Issue: 8(8), P. 7239 - 7239

Published: Aug. 21, 2024

Sustainable development has emerged as a global imperative, with the rapid adoption of Environmental, Social, and Governance (ESG) framework reflecting this trend. In context digital transformation, study aims to investigate impact ESG performance on corporate value, while also examining moderating mediating roles transformation green innovation within relationship. Utilizing annual data from A-share listed companies Shanghai Stock Exchange (SSE) Shenzhen (SZSE) spanning years 2018 2022, research encompasses total 17,940 observations. Given China’s commitment sustainable, high-quality development, underscores critical importance advancing principles alongside transformation. Empirical analysis reveals that significantly enhances firm serving positive moderator amplifies value primarily through enhancement firms’ technology capabilities. These findings contribute deeper understanding interaction between initiatives particularly amidst ongoing advancements. Consequently, paper recommends governments enhance combination incentive penalty mechanisms, establish comprehensive rating system, optimize policy for Moreover, enterprises should foster awareness innovation, refine their governance structures, accelerate efforts, promote application technologies information sharing across various domains achieve sustainable competitiveness.

Language: Английский

Citations

0

Twin Transitions Across Enterprises: Do Digital Technologies and Sustainability Go Together? DOI Creative Commons
Iulia Siedschlag, Gretta Mohan, Weijie Yan

et al.

Journal of Cleaner Production, Journal Year: 2024, Volume and Issue: unknown, P. 144025 - 144025

Published: Oct. 1, 2024

Language: Английский

Citations

0

Can digital transformation promote the turnaround of declining firms? Empirical evidence from Chinese listed companies DOI
Fang Xiao-zhen, Fang Yuan

Business Process Management Journal, Journal Year: 2024, Volume and Issue: unknown

Published: Oct. 24, 2024

Purpose Digital transformation provides a new impetus for the development of declining firms. However, there is currently lack sufficient research on whether digital beneficial turnaround This paper aims to explore relationship between and Design/methodology/approach Drawing theoretical foundations resource-based view dynamic capabilities theory, this uses comprehensive dataset Chinese A-share listed companies from 2010–2021 influence Findings The findings show that contributes Mechanism analyses demonstrate enhances attracts more analysts, thereby facilitating process. Moreover, moderation analysis reveals CEO equity incentives strengthen positive correlation Heterogeneity indicates association firms particularly significant with low financing constraints high-tech can facilitate in deep long-term decline. Originality/value literature enterprises important insights

Language: Английский

Citations

0