Can open government data policy improve firm performance? Evidence from listed firms in China

Author:

Zhou Mingle12ORCID,Wang Yu2ORCID,Huang Xiaohui3ORCID,Li Gang1ORCID

Affiliation:

1. Shandong Computer Science Center (National Supercomputer Center in Jinan) Qilu University of Technology (Shandong Academy of Sciences) Jinan China

2. Institute of Science and Technology for Development of Shandong Qilu University of Technology (Shandong Academy of Sciences) Jinan China

3. School of Finance Qilu University of Technology (Shandong Academy of Sciences) Jinan China

Abstract

AbstractOur study aims to understand the impact of open government data (OGD) policy on firm performance and the moderating role of firm characteristics. The difference‐in‐difference model is used to analyze 10‐year panel data from 477 Chinese listed firms. The findings indicate that (a) OGD policy positively affects firm performance; (b) firm size positively moderates the relationship between OGD policy and firm performance; (c) R&D intensity nonlinearly moderates the relationship between OGD policy and firm performance; and (d) OGD policy significantly affects state‐owned firms. This paper provides suggestions for improving OGD policy and OGD market construction.

Funder

Natural Science Foundation of Shandong Province

Publisher

Wiley

Subject

Management of Technology and Innovation,Management Science and Operations Research,Strategy and Management,Business and International Management

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