Digital Business Strategy Maturity, Financial Development and Income Inequality: Empirical Evidence from a Panel of 149 Countries

The purpose of this paper is to study the impact of Digital Business Strategy (DBS) on income inequality. This study investigates how DBS complements financial development in order to influence income inequality in a large panel of 149 countries relying on the GMM estimations for the period 2012 to...

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Bibliographic Details
Published in:Management international (Montréal) 2022, Vol.26 (4), p.187-214
Main Authors: Lacombe, Isabelle, Amari, Mouna, Mouakhar, Khaireddine, Jarboui, Anis
Format: Article
Language:eng ; fre ; spa
Subjects:
Cellular telephones
Developing countries
Digital divide
Economic growth
Financial inclusion
Financial services
Hypotheses
Income inequality
Internet access
LDCs
Poverty
Securities markets
Technology Acceptance Model
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Summary:The purpose of this paper is to study the impact of Digital Business Strategy (DBS) on income inequality. This study investigates how DBS complements financial development in order to influence income inequality in a large panel of 149 countries relying on the GMM estimations for the period 2012 to 2016. Results show that digitalisation helps reduce inequality across countries that belong to the high and the medium DBS maturity levels. This paper highlights the importance of building a mature DBS both for enhancing the positive effects of technology innovation and for promoting financial development as a solution to income inequality.
ISSN:1206-1697
1918-9222
DOI:10.7202/1092165ar