Directors’ IT expertise and firms’ total factor productivity

Using a hand-collected data set of Chinese A-share non-financial listed companies spanning years 2005–2020, this study examines whether directors’ information technology expertise influences firms’ total factor productivity. Our findings indicate a significant and positive effect. The positive effec...

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Main Authors: Rongli Yuan, Suting Dang, Ruijing Li, Jingyu Gao, Wenyue Jin
Format: Article
Language:English
Published: Taylor & Francis Group 2024-04-01
Series:China Journal of Accounting Studies
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/21697213.2024.2411192
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author Rongli Yuan
Suting Dang
Ruijing Li
Jingyu Gao
Wenyue Jin
author_facet Rongli Yuan
Suting Dang
Ruijing Li
Jingyu Gao
Wenyue Jin
author_sort Rongli Yuan
collection DOAJ
description Using a hand-collected data set of Chinese A-share non-financial listed companies spanning years 2005–2020, this study examines whether directors’ information technology expertise influences firms’ total factor productivity. Our findings indicate a significant and positive effect. The positive effect is more salient for firms with lower capital intensity and firms in non-competitive product markets. Furthermore, two mechanisms through which directors’ information technology expertise improves total factor productivity have been identified: one is the increase in information technology investments; the other one is the enhancement in operating efficiency of fixed assets. Our study not only sheds new lights on the effects of directors’ information technology expertise, but also provides convergent evidence on the determinants of firm-level total factor productivity.
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institution Kabale University
issn 2169-7213
2169-7221
language English
publishDate 2024-04-01
publisher Taylor & Francis Group
record_format Article
series China Journal of Accounting Studies
spelling doaj-art-4133ffaca79f43c3b5c496ed3be33dae2025-08-20T03:52:57ZengTaylor & Francis GroupChina Journal of Accounting Studies2169-72132169-72212024-04-0112234036510.1080/21697213.2024.2411192Directors’ IT expertise and firms’ total factor productivityRongli Yuan0Suting Dang1Ruijing Li2Jingyu Gao3Wenyue Jin4Renmin Business School, Renmin University of China, Beijing, ChinaRenmin Business School, Renmin University of China, Beijing, ChinaAccounting School, Capital University of Economics and Business, Beijing, ChinaAccounting School, Capital University of Economics and Business, Beijing, ChinaChina Petroleum Finance Co., LTD, Beijing, ChinaUsing a hand-collected data set of Chinese A-share non-financial listed companies spanning years 2005–2020, this study examines whether directors’ information technology expertise influences firms’ total factor productivity. Our findings indicate a significant and positive effect. The positive effect is more salient for firms with lower capital intensity and firms in non-competitive product markets. Furthermore, two mechanisms through which directors’ information technology expertise improves total factor productivity have been identified: one is the increase in information technology investments; the other one is the enhancement in operating efficiency of fixed assets. Our study not only sheds new lights on the effects of directors’ information technology expertise, but also provides convergent evidence on the determinants of firm-level total factor productivity.https://www.tandfonline.com/doi/10.1080/21697213.2024.2411192Information technology expertisetotal factor productivityinformation technology investmentoperating efficiencyG30G34
spellingShingle Rongli Yuan
Suting Dang
Ruijing Li
Jingyu Gao
Wenyue Jin
Directors’ IT expertise and firms’ total factor productivity
China Journal of Accounting Studies
Information technology expertise
total factor productivity
information technology investment
operating efficiency
G30
G34
title Directors’ IT expertise and firms’ total factor productivity
title_full Directors’ IT expertise and firms’ total factor productivity
title_fullStr Directors’ IT expertise and firms’ total factor productivity
title_full_unstemmed Directors’ IT expertise and firms’ total factor productivity
title_short Directors’ IT expertise and firms’ total factor productivity
title_sort directors it expertise and firms total factor productivity
topic Information technology expertise
total factor productivity
information technology investment
operating efficiency
G30
G34
url https://www.tandfonline.com/doi/10.1080/21697213.2024.2411192
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AT sutingdang directorsitexpertiseandfirmstotalfactorproductivity
AT ruijingli directorsitexpertiseandfirmstotalfactorproductivity
AT jingyugao directorsitexpertiseandfirmstotalfactorproductivity
AT wenyuejin directorsitexpertiseandfirmstotalfactorproductivity