Oct 2026
Substantive digital transformation and firm value: an industrial policy moderation perspective
It is found that among policy instruments, only direct government subsidies—both digital and general—strengthen this effect, most notably for non-state-owned firms and those in regions with more developed financial markets.
Hui-Zhong Lu, Zi-Chun Gao, Dong-Kun Li
· Economic Change and Restruct... · 0 citations