Investigating the Impact of Digital Transformation on Audit Efficiency, Production Efficiency, and Financial Performance of Companies with Regard to Firm Size
Keywords:
financial performance of companies, production efficiency, audit efficiency , Digital transformationAbstract
Digital transformation, through technologies such as artificial intelligence, big data, and automation, has led to improvements in audit processes, optimization of production, and enhancement of corporate financial performance. This study also examined the moderating role of firm size to determine the differences in the effects of digital technologies between small and large enterprises. The findings of the study can assist managers and policymakers in making informed decisions regarding investments in modern technologies and in enhancing organizational productivity. The objective of this research was to investigate the impact of digital transformation on audit efficiency, production efficiency, and financial performance of companies, considering firm size as a moderating variable. The research data were collected from the financial statements of 159 companies listed on the Tehran Stock Exchange over the period from 2018 to 2023. Data analysis was conducted using EViews 10 software and the application of regression models. To assess the simultaneous effects of independent variables on the dependent variables, in addition to the overall regression, separate regression analyses were also performed for each independent variable. The results indicated that digital transformation had a significant impact on audit efficiency, production efficiency, and financial performance of companies. Moreover, firm size played a moderating role in these relationships; larger companies, due to having greater resources, demonstrated a higher capacity to leverage digital technologies, while smaller companies faced challenges in this regard due to limited resources. Overall, digital transformation led to increased productivity and improved financial performance of companies, though this effect varied across firms of different sizes.
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Copyright (c) 2025 Mohsen Hashemi Gohar (Corresponding author); khadije Razi (Author)
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