Author(s)

Ji Na ^1,2, Badrul Hisham Bin Kamaruddina ¹

Affiliation(s)

¹ City Graduate School, City University Malaysia, Kuala Lumpur, Malaysia
² Beijing Jiaotong University, Weihai, Shandong, China

Corresponding Author

Ji Na

ABSTRACT

In the era of digital economy, digital transformation has become a necessary path for enterprises to adapt to the environment, seize opportunities, and achieve performance improvement. Based data from A-share logistics listed companies in the Shanghai and Shenzhen stock markets from 2017 to 2023, the study investigates the impact of digital transformation of Chinese logistics enterprises on financial performance and its underlying mechanisms. The empirical research has found a significant positive correlation relationship between digital transformation with financial performance, which still holds true after multiple practices and endogeneity tests. Mechanism analysis reveals that digital transformation improves the technological innovation capability of enterprises, achieve technological breakthroughs, and increase the profitability of enterprises that improves financial performance. Additionally, heterogeneity analysis shows that digital transformation has more significant effect on financial performance for the state-owned, larger scale logistics enterprises located in eastern region.

KEYWORDS

Digital transformation, financial performance, technological innovation, logistics enterprises

CITE THIS PAPER

Ji Na, Badrul Hisham Bin Kamaruddina, Digital transformation of Chinese logistics enterprises: Impact on financial performance. Accounting and Corporate Management (2024) Vol. 6: 140-149. DOI: http://dx.doi.org/10.23977/acccm.2024.060419.

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