Heliyon (Aug 2024)
Direct and interaction effects of CEO academic experience and CEO duality on digital transformation
Abstract
We used regression analysis to examine the direct and interaction effects of CEO academic experience and CEO duality on digital transformation in order to explain why firms vary in their digital transformation. Data analysis of manufacturing firms listed on the A-share market of the Shanghai and Shenzhen stock exchanges from 2007 to 2022 reveals that both academic experience and duality have significant positive direct effects on digital transformation. Both variables also mutually interact to promote digital transformation. This study not only makes an important contribution to the research on digital transformation and upper echelons theory but also provides useful guidance for firms developing their digitization strategy.
