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.

VariablesModel 1Model 2Model 3
Y1Y2Y3

X0.01120.00130.1782
(1.9642)(0.1780)(1.6686)
X20.0003−0.0203
(0.4624)(−2.0545)
DT−0.0021−0.00110.0183
(−2.1601)(−1.6010)(1.8480)
SIZE−0.0158−0.00090.1182
(−3.2229)(−0.3383)(3.0485)
AT−0.14520.04790.4625
(−9.8238)(5.8519)(3.9548)
Constant0.45150.1287−3.1689
(2.9126)(1.4992)(−2.5839)
YearControlControlControl
IndControlControlControl
Observations2,0222,0222,022
R-squared0.10140.06690.1928
r2_a0.09060.05520.1827
F9.38565.719819.0701

Note: , , and .