供应链集中化能否推动公司市场份额的增加？

IF 5.6 2区经济学 Q1 BUSINESS, FINANCE

International Review of Economics & Finance Pub Date : 2025-09-17 DOI:10.1016/j.iref.2025.104632

Xueli Zhong

{"title":"供应链集中化能否推动公司市场份额的增加？","authors":"Xueli Zhong","doi":"10.1016/j.iref.2025.104632","DOIUrl":null,"url":null,"abstract":"<div><div>Based on panel data from non-financial listed companies in China from 2011 to 2023, this paper employs a dual fixed-effects model to investigate the impact of supply chain concentration on corporate market share. The study finds that supply chain concentration can significantly enhance a firm's market share. Heterogeneity analysis reveals that the effect of supply chain concentration on market share exhibits significant differences across firms of different ownership types and across firms with varying levels of CEO shareholding. The moderating mechanism analysis shows that firm size, R&D intensity, and government subsidies play significant moderating roles in the relationship between supply chain concentration and market share.</div></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":"104 ","pages":"Article 104632"},"PeriodicalIF":5.6000,"publicationDate":"2025-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Can supply chain concentration drive an increase in a company's market share?\",\"authors\":\"Xueli Zhong\",\"doi\":\"10.1016/j.iref.2025.104632\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Based on panel data from non-financial listed companies in China from 2011 to 2023, this paper employs a dual fixed-effects model to investigate the impact of supply chain concentration on corporate market share. The study finds that supply chain concentration can significantly enhance a firm's market share. Heterogeneity analysis reveals that the effect of supply chain concentration on market share exhibits significant differences across firms of different ownership types and across firms with varying levels of CEO shareholding. The moderating mechanism analysis shows that firm size, R&D intensity, and government subsidies play significant moderating roles in the relationship between supply chain concentration and market share.</div></div>\",\"PeriodicalId\":14444,\"journal\":{\"name\":\"International Review of Economics & Finance\",\"volume\":\"104 \",\"pages\":\"Article 104632\"},\"PeriodicalIF\":5.6000,\"publicationDate\":\"2025-09-17\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Review of Economics & Finance\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1059056025007956\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Review of Economics & Finance","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1059056025007956","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}

引用次数: 0

摘要

本文基于2011 - 2023年中国非金融类上市公司面板数据，采用双固定效应模型研究供应链集中度对企业市场份额的影响。研究发现，供应链集中度可以显著提高企业的市场份额。异质性分析表明，供应链集中度对市场份额的影响在不同所有制类型的企业和不同CEO持股水平的企业之间存在显著差异。调节机制分析表明，企业规模、研发强度和政府补贴对供应链集中度与市场份额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。

查看原文本刊更多论文

Can supply chain concentration drive an increase in a company's market share?

Based on panel data from non-financial listed companies in China from 2011 to 2023, this paper employs a dual fixed-effects model to investigate the impact of supply chain concentration on corporate market share. The study finds that supply chain concentration can significantly enhance a firm's market share. Heterogeneity analysis reveals that the effect of supply chain concentration on market share exhibits significant differences across firms of different ownership types and across firms with varying levels of CEO shareholding. The moderating mechanism analysis shows that firm size, R&D intensity, and government subsidies play significant moderating roles in the relationship between supply chain concentration and market share.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

International Review of Economics & Finance Multiple-

CiteScore

7.30

自引率

2.20%

发文量

253

期刊介绍： The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.