IDEAS home Printed from https://ideas.repec.org/a/eee/ecolet/v247y2025ics016517652400586x.html
   My bibliography  Save this article

Does customer corporate financialization have contagion effects on their suppliers?

Author

Listed:
  • Zhao, Yan
  • Su, Kun

Abstract

Using a sample of Chinese non-financial listed firms from 2009 to 2022, this paper shows that corporate financialization has a supply chain contagion effect, i.e., the higher the financialization of customers, the higher the level of financialization of suppliers. The effect is stronger when firms have bad operational efficiency, have close geographical distance to customers, and when their customer relationship is benign. In addition, customer stability can reduce this effect, while customer market value can enhance it.

Suggested Citation

  • Zhao, Yan & Su, Kun, 2025. "Does customer corporate financialization have contagion effects on their suppliers?," Economics Letters, Elsevier, vol. 247(C).
    • Handle: RePEc:eee:ecolet:v:247:y:2025:i:c:s016517652400586x
    DOI: 10.1016/j.econlet.2024.112102
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S016517652400586X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.econlet.2024.112102?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Corporate financialization; Supply chain contagion; Customer relationship;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:247:y:2025:i:c:s016517652400586x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolet .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.