数字化转型对企业供应链金融的影响

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-07-04 DOI:10.1016/j.frl.2025.107894

Shuquan Li , Xiangcai Kong , Marina Ianenko , Wentao Wang

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引用次数: 0

摘要

本文采用2013 - 2023年中国a股上市企业面板数据，考察企业数字化转型对供应链金融的影响。研究发现：(1)企业数字化转型显著促进了供应链金融的发展；(2)技术创新在这一关系中起部分中介作用，数字化转型通过推动技术创新间接影响供应链金融；(3)融资约束具有负向调节作用，即高融资约束削弱了数字化转型对供应链金融的促进作用。

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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The impact of digital transformation on enterprise supply chain finance

This paper employs panel data of Chinese A-share listed enterprises from 2013 to 2023 to investigate the impact of corporate digital transformation on supply chain finance. The findings reveal that: (1) corporate digital transformation significantly promotes the development of supply chain finance; (2) technological innovation plays a partial mediating role in this relationship, as digital transformation indirectly influences supply chain finance by driving technological innovation; and (3) financing constraints exert a negative moderating effect, meaning high financing constraints weaken the promotional impact of digital transformation on supply chain finance.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance