Abstract

Competition among firms has intensified due to technological advancements and societal progress. As a result, several companies are suggesting implementing digital transformation as a means to enhance the value of their enterprise and obtain a competitive edge. The objective of this study was to examine the influence of digital transformation on the financial worth of a firm. This research employs Midea as a case study to do a comprehensive analysis that combines the theories of cost-benefit and business model innovation. The analysis and observation are based on the data provided by the firm. This study not only broadens the research trajectory for researchers to investigate the enhancement of business valuation, but it also provides a point of reference for associated firms to improve their performance. This study not only broadens the research trajectory for academics to investigate the enhancement of business valuation, but also provides a point of reference for associated firms to improve their performance.

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