Table 5 Recap of H9 and H10.

From: A study on the influencing factors of corporate digital transformation: empirical evidence from Chinese listed companies

Enterprise characteristics

Hypotheses

Enterprise life cycle

H9: Firms in the growth and maturity stages of the enterprise life cycle have a stronger willingness to engage in digital transformation

Business age

H10: Enterprise age has a positive effect on digital transformation willingness; the earlier an enterprise is established, the more experienced it is in operation, and the more willing it is to undergo digital transformation

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