在当今商业环境中,数字化转型已成为企业持续发展的重要驱动力。文章以2013~2023年A股上市非金融公司为研究对象,探究公司数字化转型对高管机会主义减持的影响及作用路径,实证结果表明公司实施数字化转型会提高高管机会减持行为,即减持次数更多,金额更大。中介机制检验表明,会计信息质量发挥中介作用。文章丰富了数字化转型经济后果的相关文献,也为深入理解高管机会主义减持行为提供了新的视角。In today’s business environment, digital transformation has become an important driver for sustainable corporate development. The article takes A-share listed non-financial companies from 2013~2023 as the research object to explore the impact and path of corporate digital transformation on executives’ opportunistic reduction of holdings. The empirical results show that the implementation of digital transformation by a company increases executives’ opportunistic reduction behavior, i.e., the number of reductions in holdings is more frequent and the amount of reductions is larger. The mediation mechanism test suggests that the quality of accounting information plays a mediating role. The article enriches the literature on the economic consequences of digital transformation and provides new perspectives for a deeper understanding of executive opportunistic holdings reduction behavior.
