THE IMPACT OF DIGITAL TECHNOLOGY, ORGANIZATIONAL CHANGE, OPERATION MANAGEMENT TOWARD NON-PERFORMING ASSET DISPOSAL PERFORMANCE OF NON-BANK IN CHINA
DOI:
https://doi.org/10.18623/rvd.v23.6113Keywords:
Non-Performing Asset, Digital Technology, Organizational Change, Operation ManagementAbstract
The profit level in China's non-performing asset disposal market is not high, transaction costs are high, tradable opportunities are limited, the industrial chain flow in the trading market is not smooth, and market transactions lack diversity. The maturity of the entire market, institutional activity, and asset richness all require further systematic optimization to enhance their contribution to resolving financial risks. In the new digital economy, where data serves as a key production factor, digital initiatives based on digital technology and linked by data are becoming important levers for driving capital market efficiency and driving force transformation, serving as a new impetus for financial technology. As the practical foundation of macroeconomics, asset management companies are active participants in digital transformation, shouldering the important task of implementing high-quality development of non-performing assets. Based on this, this study adopts a mixed research method to gain a deeper understanding of the business processes and performance dimensions of non-performing asset disposal. By studying digital dimensions such as digital technology, organizational change, and operational management, it demonstrates their impact on non-performing asset performance. It helps enterprises understand the mechanism and positive effects of digital technology on businesses, and assists governments and policymakers in further recognizing the impact of digitalization, weighing the costs and benefits of digital management, and formulating guiding policies for enterprise digitalization.
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