Table 3 Academic background of senior executives and enterprise digital transformation.

From: Academic background of senior executives and enterprise digital transformation

 

(1)

(2)

DT

DT

r_xsgg1

0.2439***

0.1967***

(11.5049)

(9.1656)

Lnsize1

 

-0.0014

 

(-0.4482)

Lev1

 

0.0265

 

(1.3868)

Board1

 

-0.0634***

 

(-5.1998)

Roa1

 

0.1206**

 

(2.1216)

CFO1

 

-0.3415***

 

(-7.1798)

Growth1

 

0.0497***

 

(6.5595)

Shrcr51

 

-0.0009***

 

(-4.4699)

Sr1

 

0.1652***

 

(6.6234)

Both1

 

0.0208***

 

(2.8018)

Age1

 

-0.0035***

 

(-5.8113)

_cons

0.3436***

0.6233***

(10.6293)

(8.5538)

Industry

Yes

Yes

Year

Yes

Yes

N

25,560

25,560

adj. R2

0.325

0.333