Corporate digitalization and innovation: The role of female executives

IF 7.4 2区 经济学 Q1 BUSINESS, FINANCE Finance Research Letters Pub Date : 2024-12-12 DOI:10.1016/j.frl.2024.106646
Tingfang Zhou , Jie Zhao
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Abstract

The rapid advancement of digitalization in the past decade has brought tremendous changes to enterprises. In this article, utilizing a sample of A-share listed firms on the Shanghai Stock Exchange and Shenzhen Stock Exchange over the period of 2011 to 2021, we attempt to discover the implications of corporate digitalization for innovation performance. We provide reliable evidence that digitalization enhances corporate innovation performance. Moreover, we find this positive relationship is more pronounced when the firm has a larger ratio of female executives. In sum, this study advances the studies on digitalization and innovation, and generates valuable practical implications.
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企业数字化与创新:女性高管的角色
近十年来,数字化的飞速发展给企业带来了巨大的变化。本文以2011年至2021年上海证券交易所和深圳证券交易所a股上市公司为样本,试图发现企业数字化对创新绩效的影响。我们提供了可靠的证据,证明数字化提高了企业的创新绩效。此外,我们发现,当公司的女性高管比例较大时,这种正相关关系更为明显。综上所述,本研究推动了数字化与创新的研究,具有重要的现实意义。
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来源期刊
Finance Research Letters
Finance Research Letters BUSINESS, FINANCE-
CiteScore
11.10
自引率
14.40%
发文量
863
期刊介绍: Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance
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