Digital transformation and enterprise sustainable development

In the context of the digital economy, digital transformation has become an inevitable measure for enterprises to adapt to the market. Based on the panel data of Chinese listed companies from 2012 to 2022, this study examines the relationship between enterprise digital transformation and enterprise sustainable development, as well as the mediating role of enterprise core competence between the two. The study shows that enterprise digital transformation has a significant and positive impact on enterprise innovation capability, indirectly contributing to the sustainable development of enterprises. These conclusions remain valid after the robustness test. The study expands the perspective of enterprise sustainable development research and provides useful reference for promoting China's enterprises to achieve sustainable development under the economic "new normal."