PLoS ONE, Journal Year: 2024, Volume and Issue: 19(12), P. e0314688 - e0314688
Published: Dec. 5, 2024
This study investigates the impact of environmental uncertainty on digital transformation Chinese A-share listed companies from 2013 to 2022. Our empirical analysis reveals that negatively affects by inducing managerial myopia, hindering research and development (R&D) investment, exacerbating financial constraints. However, these negative effects can be mitigated increasing management shareholding, which aligns managers’ interests with long-term goals, providing subsidies lower barriers, fostering a favorable legal environment protect investments innovation. These findings offer valuable insights for understanding how influences strategies provide practical implications enterprises policymakers in dynamic business environments.
Language: Английский