Research on the Impact of Digital Transformation on the Capital Labor Ratio of Enterprises

Having a good capital labor ratio is beneficial for improving the production efficiency of enterprises. In the process of digital transformation, enterprises can capture and utilize data information more comprehensively and quickly through digital technology, helping them make reasonable capital labor investment decisions and thereby affecting the capital labor ratio of enterprises. This study focuses on all A-share listed companies in China from 2010 to 2020 to verify the inherent logical relationship between digital transformation and capital labor ratio. Empirical research is conducted to demonstrate whether digital transformation has a significant impact on capital labor ratio, and the conclusions of the problem are summarized. Based on the conclusions, policy opinions are proposed at the government and enterprise levels.