A Summary of “Going Digital: Implications for Firm Value and Performance” by Chen, W. & Srinivasan, S. (2019)
This academic article represents a large empirical study investigating the implication of implementing digital technologies on firm-level performance and the perceived market value. In essence, the findings suggest that the market values investment in digital transformation as disclosed in the management text of the 10k, but the non-financial value of digitalization is poorly reflected in…