政府关注与企业数字化转型的“多言寡行”  

Government Attention and“More Words than Deeds”of Enterprise Digital Transformation

作　　者：王蕾茜 蒋忠莉 纳超洪[1] WANG Leixi;JIANG Zhongli;NA Chaohong(Yunnan University of Finance and Economics,Kunming 650000)

机构地区：[1]云南财经大学,云南昆明650000

出　　处：《财贸研究》2024年第4期97-110,共14页Finance and Trade Research

基　　金：国家自然科学基金项目“城市人才引进政策对企业创新的影响研究”(72162033);国家自然科学基金项目“数字化转型导向下的财务共享与公司价值创造研究”(72062033);云南省基础研究计划项目“城市人才引进政策对绿色创新及企业碳减排绩效的影响研究”(202201AU070089)。

摘　　要：目前,鲜有文献探讨数字化转型“言行不一”的情况。将“言”和“行”两个维度纳入统一框架,基于政策资源反馈视角,考察政府关注是否会促使企业数字化转型“说得多,做得少”。研究发现,政府数字化转型关注确实会诱发企业数字化转型的“多言寡行”,并且这一现象在管理者短视类企业中更明显,但在分析师跟踪人数较多的企业中却得到了有效抑制。进一步研究表明,数字化转型的“多言”可以帮助企业缓解融资约束和获取政府补贴等,并且这种资源获取效应随政府关注度的提高而不断增强,但企业在获得上述资源后,并没有将其投入数字化转型实践,即使政府数字化转型关注度日趋提高。研究结论有助于加深对企业数字化转型信息披露与真实表现的认知,对政府部门提高资源配置效率,推动企业数字化转型“言行一致”具有重要启示。Currently,there is little literature that explores the“inconsistency between words and deeds”in digital transformation.Incorporating both the“words”and“deeds”dimensions into a unified framework,we examine whether government concerns contribute to“more words than deeds”in enterprise digital transformation,from the perspective of policy resource feedback.Studies find that the government’s focus on digital transformation does induce“more words than deeds”and that this phenomenon is more pronounced in firms with managerial myopia,but is effectively suppressed in firms with a bigger number of analysts following them.Further research shows that“more words”about digital transformation can help firms ease financing constraints and access resources such as government subsidies,and the access effect increases with government attention.However,the firms do not invest these resources in digital transformation practices even when government attention to digital transformation is increasing.The findings of this study help to deepen the understanding of the information disclosure and true performance of enterprise digital transformation,and have certain significance for government departments to improve the efficiency of resource allocation and promote the digital transformation of enterprises to“practice what they preach”.

关 键 词：政府关注 企业数字化转型 多言寡行 管理者短视 分析师跟踪 

分 类 号：F832[经济管理—金融学]