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<p>This study empirically examines the impact of second-generation involvement on digital transformation using a sample of Chinese listed family firms from 2011 to 2020. Specifically, we examine the moderating effects of four factors: successors’ political identity, overseas experience, intergenerational kinship, and successors’ gender. The results show that second-generation involvement has a significant positive impact on digital transformation in family firms. This effect is particularly strong in firms in which successors possess a strong political identity, relevant overseas experience, close intergenerational kinship ties, and are male. Further analysis reveals that second-generation involvement significantly increases corporate risk-taking, and this stronger risk orientation facilitates digital transformation.</p>

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Second-Generation Involvement and Digital Transformation in Family Firms: Evidence from China

  • 期刊论文

  • 发表日期：

    2026年2月23日

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  • Yan-bo Wu,
  • Yu-shu Liu,
  • Yi Jin

摘要

This study empirically examines the impact of second-generation involvement on digital transformation using a sample of Chinese listed family firms from 2011 to 2020. Specifically, we examine the moderating effects of four factors: successors’ political identity, overseas experience, intergenerational kinship, and successors’ gender. The results show that second-generation involvement has a significant positive impact on digital transformation in family firms. This effect is particularly strong in firms in which successors possess a strong political identity, relevant overseas experience, close intergenerational kinship ties, and are male. Further analysis reveals that second-generation involvement significantly increases corporate risk-taking, and this stronger risk orientation facilitates digital transformation.