Digital Transformation of Enterprises and the Governance of Executive Corruption

This paper measures enterprise digital transformation by the method of text analysis and empirically tests impact on executives' corruption. We find that higher degree enterprises, lower probability corporate conclusion is still valid under a series robustness tests. The mechanism test shows governance corruption mainly realized reducing information asymmetry alleviating agency problem. Further research finds both proportion institutional investors internal control can strengthen effect this reveals corruption, provides effective experience for central government anti-corruption actions.