Corporate Digital Transformation, Supply Chain Collaboration and Cost Stickiness

Abstract

Abstract: Digital transformation can break through the limitation of time and space and the limitation of industries to reconstruct the economic operation model, and exert profound influence on the operation management and costs of the micro enterprises. Taking China's listed companies from 2009 to 2020 as samples, this paper conducts an empirical examination of the impact of corporate digital transformation on the corporate cost stickiness on the basis of constructing the index of corporate digital transformation degree by using the methods of text analysis and machine learning. The results show that digital transformation can significantly reduce the cost stickiness of enterprises; and this reduction effect is more significant when the concentration degree of suppliers and customers of the company is lower and the company is located at different places from the suppliers and customers. The result of further study shows that the digital transformation reduces the cost stickiness of enterprises mainly by strengthening the substitution of labor with technology, reducing the opportunistic behaviors of the management, and accelerating the efficient operation of supply chain resources.

Key words: digital transformation, cost stickiness, supply chain collaboration, inventory turnover rate

CLC Number:

F275.3

ZHAO Ling, HUANG Hao. Corporate Digital Transformation, Supply Chain Collaboration and Cost Stickiness[J]. Contemporary Finance & Economics, 2022, 0(5): 124-136.

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