Dose Enterprise Digital Transformation Affect Quality of Accounting Information?

Abstract

The development of the digital economy has strengthened enterprises' capabilities in handling, transmitting, and regulating data assets, which significantly affects the quality of their accounting information. This study takes Chinese A-share listed companies from 2012 to 2021 as samples to explore the impact of enterprise digital transformation on the quality of accounting information. The research reveals a significant positive correlation between enterprise digital transformation and accounting information quality, a relationship that remains valid after a series of robustness tests. Further investigation indicates that enterprise digital transformation enhances accounting information quality through two pathways: improving internal control quality and attracting analyst attention. This effect is more pronounced in companies with lower management ownership ratios, research and development investments, and market competition intensity. The study provides empirical evidence for the connection between enterprise digital transformation and accounting information quality, contributing to promoting high-quality development, enhancing competitiveness, and adapting to market changes for businesses.