AI Summary & Key Takeaways
AI InsightBased on the findings, business owners and managers are advised to strengthen institutionalization practices by adopting professional management structures, corporate governance principles, and internal control mechanisms, while simultaneously implementing digital transformation initiatives.
📌 3 Key Takeaways
Abstract
Businesses need to institutionalize and adopt digital transformation practices to increase performance and compete with other businesses. In this context, this research examines the effect of institutionalization on business performance and the mediating role of digital transformation on logistics businesses in Türkiye. Data were collected from business owners, and low, middle, and upper-level managers employed by 684 small and medium-sized businesses. The collected data were analyzed using IBM SPSS 27 and AMOS 24 statistical package programs. As a result of the analysis, it was seen that institutionalization and digital transformation have significant positive effects on business performance. Moreover, digital transformation has a mediating role in the relationship between institutionalization and business performance. In addition, relationships between the sub-dimensions of the research variables were revealed and discussed within the scope of the literature. Based on the findings, business owners and managers are advised to strengthen institutionalization practices by adopting professional management structures, corporate governance principles, and internal control mechanisms, while simultaneously implementing digital transformation initiatives.