{"title":"Confucian traditional culture and corporate digital transformation in China","authors":"Yao Chen , Chaoqun Li , Yifan Ding , Shiyong Wang","doi":"10.1016/j.frl.2025.107137","DOIUrl":null,"url":null,"abstract":"<div><div>This study quantifies the impact of Confucian culture on firm digital transformation using literature and web crawling techniques. It finds that Confucian culture promotes digital transformation by enhancing risk awareness, curbing opportunistic behavior, and increasing technological capital. While it compensates for weaknesses in formal institutions, the influence of foreign cultures may diminish its effects. This research deepens our understanding of Confucian culture's role in decision-making and its economic implications for firms.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"78 ","pages":"Article 107137"},"PeriodicalIF":6.9000,"publicationDate":"2025-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325004003","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2025/3/3 0:00:00","PubModel":"Epub","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
This study quantifies the impact of Confucian culture on firm digital transformation using literature and web crawling techniques. It finds that Confucian culture promotes digital transformation by enhancing risk awareness, curbing opportunistic behavior, and increasing technological capital. While it compensates for weaknesses in formal institutions, the influence of foreign cultures may diminish its effects. This research deepens our understanding of Confucian culture's role in decision-making and its economic implications for firms.
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.
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