供应链融资与全要素生产率：来自中国制造业上市公司的证据

IF 1.7 4区经济学 Q3 DEVELOPMENT STUDIES

Journal of International Development Pub Date : 2024-10-25 DOI:10.1002/jid.3963

Linjing Yang, Hao Yuan

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引用次数: 0

摘要

本研究利用制造业股票市场的相关数据，探讨供应链金融对全要素生产率的影响及其相关机制，以期为企业的健康运行和经济增长提供参考。实证结果表明，供应链金融能够有效提高制造业企业的全要素生产率，增强企业的创新能力和风险承受能力。同时，信息披露水平和“四大”审计对供应链金融与全要素生产率的关系具有显著的调节作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Supply Chain Financing and Total Factor Productivity: Evidence From Listed Manufacturing Companies in China

This study utilizes data related to the manufacturing stock market to explore the impact of supply chain finance on total factor productivity and its related mechanisms, with a view to providing reference for the healthy operation of enterprises and economic growth. Empirical results show that supply chain finance can effectively improve the total factor productivity of manufacturing enterprises and enhance their innovation capabilities and risk tolerance. At the same time, the level of information disclosure and the ‘Big Four’ audits have a significant moderating effect on the relationship between supply chain finance and total factor productivity.

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来源期刊

Journal of International Development DEVELOPMENT STUDIES-

CiteScore

2.40

自引率

0.00%

发文量

109

期刊介绍： The Journal aims to publish the best research on international development issues in a form that is accessible to practitioners and policy-makers as well as to an academic audience. The main focus is on the social sciences - economics, politics, international relations, sociology and anthropology, as well as development studies - but we also welcome articles that blend the natural and social sciences in addressing the challenges for development. The Journal does not represent any particular school, analytical technique or methodological approach, but aims to publish high quality contributions to ideas, frameworks, policy and practice, including in transitional countries and underdeveloped areas of the Global North as well as the Global South.