The digitalization and public crisis responses of small and medium enterprises: Implications from a COVID-19 survey

Frontiers of Business Research in China

Table 6 Digitalization and crisis response performance

	Performance				Overall performance
	Cost control	Cash flow	Revenue	Predicted performance	Mean
Overall digitalization degree
Low	0.59	0.50	0.45	0.56	0.53
Medium	0.57	0.57	0.45	0.57	0.54
High	0.60	0.66	0.50	0.61	0.59
p-value	0.895	0.003	0.096	0.046	0.016
Performance	#	+	+	+	#
Digital technology adoption
Low	0.55	0.51	0.42	0.54	0.51
Medium	0.59	0.56	0.46	0.58	0.55
High	0.58	0.63	0.48	0.60	0.57
p-value	0.934	0.000	0.120	0.103	0.009
Performance	#	+	#	#	+
Business mode
Online	0.59	0.58 (0.582)	0.49	0.59	0.56
Offline	0.58	0.58 (0.578)	0.46	0.58	0.54
p-value	0.688	0.329	0.243	0.457	0.235
Performance	#	#	#	#	#