Fig 1.
Theoretical model.
Fig 2.
Structured feature lexicon for enterprise digital transformation.
Table 1.
Variable definitions and descriptions.
Table 2.
Results of descriptive statistics.
Table 3.
Benchmark regression results.
Table 4.
Robustness test results 1.
Table 5.
Robustness test results 2.
Table 6.
Robustness test results 3.
Table 7.
Endogeneity test results.
Table 8.
Results of the mediation effect test for financial constraints.
Table 9.
Resource allocation efficiency mediation affects test results.
Table 10.
Results of firm size heterogeneity test.
Table 11.
Heterogeneity test results of enterprise industry chain links.