Author(s)

Xiangxia Shao ¹

Affiliation(s)

¹ Xingzhi College, Zhejiang Normal University, Jinhua, Zhejiang, China

Corresponding Author

Xiangxia Shao

ABSTRACT

Selecting A-share listed companies in Shanghai and Shenzhen from 2007 to 2020 as the research sample, this study verifies the impact of digital transformation on the internal income distribution of enterprises and its mechanism of action from the perspective of micro-enterprises. The research results show that digital transformation has increased the labor income share of enterprises, promoting common prosperity within the enterprise. This effect can be achieved by improving the level of employment and the wage rate of employees, and is more significant in high-tech enterprises, state-owned enterprises, and enterprises that use underlying technology transformation. Further analysis reveals that digital transformation has a significant effect on increasing the labor income share of employees, but does not significantly affect the labor income share of senior executives. Therefore, digital transformation can narrow the income gap between senior managers and ordinary employees, thereby promoting common prosperity within the enterprise. The degree of income gap reduction is more obvious in non-state-owned enterprises and high-tech enterprises. The study has important reference value for promoting the strategy of common prosperity, the implementation of digital transformation, promoting high-quality economic development and social equity and harmony, and deepening the reform of the income distribution system.

KEYWORDS

Digital Transformation, Common Prosperity, Labor Income Share

CITE THIS PAPER

Xiangxia Shao, Digital Transformation and Common Prosperity within Enterprises: A Perspective Based on the Micro-Level Labor Income Share. Accounting and Corporate Management (2024) Vol. 6: 125-142. DOI: http://dx.doi.org/10.23977/acccm.2024.060316.

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