Purpose

This study investigates the potential association between corporate digitization and disclosure quality, and how this relationship is moderated by non-state ownership and institutional environment.

Design/methodology/approach

Drawing on signaling theory and factors that affect disclosure quality, the authors developed a framework to study how corporate digitization is associated with disclosure quality. The proposed framework was empirically tested using a comprehensive analysis that integrated corporate-level data on digitalization, disclosure quality, and ownership structure, with regional-level data on the institutional environment. The authors employed linear panel regression models with fixed effects.

Findings

The authors found that corporate digitization is significantly and positively associated with higher disclosure quality. This positive association is particularly pronounced for non-state-owned enterprises compared to state-owned enterprises. Additionally, an improvement in the institutional environment strengthens the positive relationship between digitization and disclosure quality.

Originality/value

This work contributes to the literature on corporate digitization by empirically investigating its impact on disclosure quality. The study also extends previous research by considering the moderating roles of ownership structure and institutional environment on the digitization-disclosure quality relationship.

中文翻译：

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企业数字化能否提高披露质量？

 目的

本研究调查了企业数字化与披露质量之间的潜在关联，以及非国有制和制度环境如何调节这种关系。

设计/方法论/途径

作者利用信号理论和影响披露质量的因素，开发了一个框架来研究企业数字化与披露质量的关系。所提出的框架通过综合分析进行了实证检验，该分析整合了企业层面的数字化、披露质量和所有权结构数据以及地区层面的制度环境数据。作者采用了具有固定效应的线性面板回归模型。

 发现

作者发现，企业数字化与更高的披露质量呈显着正相关。与国有企业相比，这种正向关联对于非国有企业尤为明显。此外，制度环境的改善加强了数字化与披露质量之间的正向关系。

 原创性/价值

这项工作通过实证研究企业数字化对披露质量的影响，为有关企业数字化的文献做出了贡献。该研究还通过考虑所有权结构和制度环境对数字化与披露质量关系的调节作用，扩展了先前的研究。