The Relationship Between Digital Transformation and Organisational Efficiency in China: The Mediating Role of Information Disclosure

The current study examined the multifaceted effects of digital transformation on information disclosure and organisational efficiency in Chinese-listed companies. In this study technology adoption, digital strategy, process automation, transparency, and process innovation are used to understand the digital transformation to drive information disclosure towards organisational efficiency. A quantitative research design was utilised, employing a structured survey directed at senior executives, including directors, managers, chief information officers, and chief transformation officers. A nonprobability snowball sampling technique was employed to access a specialised population of experts. The research initially identified pertinent enterprises via the official information disclosure platform of the China Securities Regulatory Commission (CSRC). Five hundred questionnaires were disseminated through email and social media platforms from February 2023 to July 2023. Following the exclusion of incomplete and outlier responses, 300 completed questionnaires were analysed. The analysis was performed using a combination of PLS-SEM and artificial neural network (ANN) approaches. An ANN investigation was conducted to enhance the findings of PLS-SEM and improve predictive accuracy. The findings indicate a substantial positive correlation between digital transformation and increased information disclosure, along with enhanced organisational efficiency. Digital technologies enhance transparency and data-sharing systems, thereby improving decision-making processes. Moreover, research indicates that IT leadership within organisations is pivotal in facilitating successful digital transformation initiatives. These findings highlight the essential function of digital transformation in promoting corporate accountability and operational efficiency. Future research ought to investigate industry-specific impacts of digital transformation and incorporate longitudinal analyses to capture the evolving trends in digital adoption and corporate governance.