Can digital transformation promote the turnaround of declining firms? Empirical evidence from Chinese listed companies
Xiaozhen Fang,
Fang Yuan
Abstract:PurposeDigital transformation provides a new impetus for the development of declining firms. However, there is currently a lack of sufficient research on whether digital transformation is beneficial for the turnaround of declining firms. This paper aims to explore the relationship between digital transformation and the turnaround of declining firms.Design/methodology/approachDrawing on the theoretical foundations of the resource-based view and dynamic capabilities theory, this research uses a comprehensive dat… Show more
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