企业数字化转型、社会责任与企业价值

以2010—2019年中国A股上市公司为研究对象,实证分析企业数字化转型—社会责任—企业价值之间的链条传导关系,以及行业竞争程度和企业竞争地位对这一关系的调节作用。结果表明：企业数字化转型推动企业履行社会责任,进而提升企业价值。行业竞争度正向调节企业社会责任通过企业数字化转型影响企业价值的中介效应,企业竞争地位负向调节企业社会责任通过企业数字化转型影响企业价值的中介效应。本文的研究结论对推动企业数字化转型、履行社会责任进而提升企业价值具有重要的现实意义。

Enterprise Digital Transformation, Corporate Social Responsibility and Firm Value

Based on the data of A-share listed companies from 2010 to 2019, an empirical study was conducted by analyzing the chain transmission relationship between enterprise digital transformation, corporate social responsibility and firm value, and the moderation effect of industry competitive intensity and enterprise competitive position on the chain. The results show that the digital transformation of enterprise significantly promotes the performance of corporate social responsibility, and then improves the firm value. The degree of industry competition positively moderates the mediating effect of digital transformation of enterprise on firm value through corporate social responsibility, while the competitive position of enterprise negatively moderates the mediating effect of firm digital transformation on firm value through corporate social responsibility. The results have certain implications for promoting the development of enterprise digital transformation, improving corporate social responsibility and then enhancing enterprise value.