Research Article
Research on the Influence of Digital Transformation on the Sustainable Development of China's Textile and Apparel Listed Enterprises
@INPROCEEDINGS{10.4108/eai.9-12-2022.2327632, author={Jingyi Mai and Lei Yao}, title={Research on the Influence of Digital Transformation on the Sustainable Development of China's Textile and Apparel Listed Enterprises}, proceedings={Proceedings of the 4th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2022, December 9-11, 2022, Chongqing, China}, publisher={EAI}, proceedings_a={MSIEID}, year={2023}, month={3}, keywords={enterprise sustainability digital transformation profitability enterprise social re-sponsibility}, doi={10.4108/eai.9-12-2022.2327632} }- Jingyi Mai
Lei Yao
Year: 2023
Research on the Influence of Digital Transformation on the Sustainable Development of China's Textile and Apparel Listed Enterprises
MSIEID
EAI
DOI: 10.4108/eai.9-12-2022.2327632
Abstract
As a high-energy-consumption industry, China's garment industry is of great signifi-cance to promote the innovation and upgrading of traditional enterprises with the help of the Internet of Things, big data and artificial intelligence in the era of digital economy, so as to achieve sustainable development. Based on this, this paper takes textile and garment enterprises as the research object, collects relevant data of 62 tex-tile and garment listed companies in China from 2017 to 2020, and conducts empiri-cal analysis with the help of static panel model. The results show that digital trans-formation, as the core explanatory variable of the model, has a significant role in promoting the sustainable development of enterprises. In addition, the improvement of the profitability of the control variable and the enhancement of the performance of corporate social responsibility have a positive role in promoting the sustainable devel-opment of enterprises. Based on the above research results, in order to achieve sus-tainable business development, textile and garment enterprises should strengthen in-dustrial integration with emerging digital industries, realize industrial restructuring with the help of digital transformation, and continue to move towards high-end tech-nology-intensive production methods. At the same time, they should pay attention to profitability.