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Author

Yaru Jiang

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Open access Aug 2026

Research on the impact of corporate digital transformation on investment efficiency

The results show that firms with a higher level of digital transformation exhibit significantly lower inefficient investment and consequently higher investment efficiency, and the estimated effect remains robust after a series of additional analyses addressing potential endogeneity and model specification issues.

Yaru Jiang, Ningpeng Jiang · 0 citations

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