Research Article
Impact of the Digital Transformation of Small- and Medium-Sized Listed Companies on Performance: Based on a Cost-Benefit Analysis Framework
Table 6
Regression results of the effects of digital transformation on organizational performance.
| Variables | Model 1 | Model 2 | Model 3 | Y1 | Y2 | Y3 |
| X | 0.0112 | 0.0013 | 0.1782 | | (1.9642) | (0.1780) | (1.6686) | X2 | | 0.0003 | −0.0203 | | | (0.4624) | (−2.0545) | DT | −0.0021 | −0.0011 | 0.0183 | | (−2.1601) | (−1.6010) | (1.8480) | SIZE | −0.0158 | −0.0009 | 0.1182 | | (−3.2229) | (−0.3383) | (3.0485) | AT | −0.1452 | 0.0479 | 0.4625 | | (−9.8238) | (5.8519) | (3.9548) | Constant | 0.4515 | 0.1287 | −3.1689 | | (2.9126) | (1.4992) | (−2.5839) | Year | Control | Control | Control | Ind | Control | Control | Control | Observations | 2,022 | 2,022 | 2,022 | R-squared | 0.1014 | 0.0669 | 0.1928 | r2_a | 0.0906 | 0.0552 | 0.1827 | F | 9.3856 | 5.7198 | 19.0701 |
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