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Fintech, supply chain concentration and enterprise digitization: Evidence from chinese manufacturing listed companies

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  • He, Wei
  • Zhang, Yujiao
  • Wang, Mingshan

Abstract

The rise of fintech has had profound implications for businesses, yet its role in shaping corporate supply chain concentration remains unclear. This study is based on data from Chinese A-share listed manufacturing companies from 2011 to 2020 and examines the impact of fintech on corporate supply chain concentration under the influence of enterprise digitization. The research findings are as follows: fintech promotes corporate supply chain concentration;enterprise digitization amplifies the impact of fintech on enhancing enterprise supply chain concentration; State-owned enterprises are more significantly affected by fintech in terms of corporate supply chain concentration compared to non-state-owned enterprises.

Suggested Citation

  • He, Wei & Zhang, Yujiao & Wang, Mingshan, 2024. "Fintech, supply chain concentration and enterprise digitization: Evidence from chinese manufacturing listed companies," Finance Research Letters, Elsevier, vol. 59(C).
  • Handle: RePEc:eee:finlet:v:59:y:2024:i:c:s1544612323010747
    DOI: 10.1016/j.frl.2023.104702
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    References listed on IDEAS

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    1. Chen, Meng & Tang, Xinlin & Liu, Hefu & Gu, Jibao, 2023. "The impact of supply chain concentration on integration and business performance," International Journal of Production Economics, Elsevier, vol. 257(C).
    2. Hodula, Martin, 2022. "Does Fintech credit substitute for traditional credit? Evidence from 78 countries," Finance Research Letters, Elsevier, vol. 46(PB).
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    Cited by:

    1. Zhou, Huiyang & Wang, Ruzhou & Zhang, Xiyu & Chang, Minyen, 2024. "The impact of digital technology adoption on corporate supply chain concentration: Evidence from patent analysis," Finance Research Letters, Elsevier, vol. 64(C).
    2. Luo, Shuangcheng & Xiong, Zhiqiao & Liu, Jianjiang, 2024. "How does supply chain digitization affect green innovation? Evidence from a quasi-natural experiment in China," Energy Economics, Elsevier, vol. 136(C).
    3. Che, Shuai & Tao, Miaomiao & Silva, Emilson & Sheng, Mingyue Selena & Zhao, Congyu & Wang, Jun, 2024. "Financial misallocation and green innovation efficiency: China's firm-level evidence," Energy Economics, Elsevier, vol. 136(C).
    4. Wu, Haiyan & Qiao, Yuxuan & Luo, Chuxiang, 2024. "Cross-border e-commerce, trade digitisation and enterprise export resilience," Finance Research Letters, Elsevier, vol. 65(C).
    5. Ge, Wenfeng & Yang, Ping & Pan, Xu & Ran, Qiying, 2024. "Sustainable utilization of mining resources: Exploring the impact of FinTech on green development from the perspective of mining enterprises," Resources Policy, Elsevier, vol. 97(C).

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