Accelerating digital transformation and promoting the deep integration of digital technology with the real economy are urgent priorities for enterprises. Using listed companies from 2013 to 2023 as the sample, the impact of managerial ownership on corporate digital transformation was investigated. The results indicate that managerial ownership significantly promotes digital transformation within enterprises, and this finding remains robust even when accounting for endogeneity issues. This effect is particularly prominent in state-owned and high-tech enterprises. Mechanism analysis reveals that managerial ownership facilitates digital transformation by strengthening internal controls and curbing managerial short-sightedness.

management shareholding  /  digital transformation  /  internal controls  /  managerial short-sightedness