TY - JOUR A1 - Han, Simeng A1 - Hillert, Alexander A1 - Skiera, Bernd T1 - Digital embracement of firms: measurement, antecedents, and financial consequences T2 - Efl insights : an elf - the Data Science Institute publication N2 - MANY PEOPLE CLAIM THAT FIRMS NEED TO EMBRACE DIGITAL TECHNOLOGIES. YET, WE KNOW LITTLE ABOUT DIGITAL EMBRACEMENT, ITS ANTECEDENTS, AND ECONOMIC CONSEQUENCES. THIS ARTICLE PROPOSES A TEXTUAL APPROACH TO MEASURE DIGITAL EMBRACEMENT AND APPLIES IT IN AN EMPIRICAL STUDY COVERING 2,278 PUBLICLY LISTED U.S. FIRMS OVER 17 YEARS. THE RESULTS OUTLINE A VAST HETEROGENEITY IN FIRMS’ DIGITAL EMBRACEMENT IN AND ACROSS INDUSTRIES. REMARKABLY, A HIGHER DIGITAL EMBRACEMENT PREDICTS HIGHER FINANCIAL PERFORMANCE. Y1 - 2022 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/64590 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-645905 SN - 1866-1238 SN - 2700-2241 VL - 2022 IS - 1 SP - 6 EP - 8 PB - E-Finance Lab e.V. CY - Frankfurt am Main ER -