收藏切换
Impact of Supply Chain Finance on Corporate Financial Risk under Digital Transformation
收藏切换
PDF
Fang LIU, Zhaomei ZHANG
Science Technology and Industry | 2025, 25(9) : 270 - 276
Less
收藏切换
Science Technology and Industry | 2025, 25(9): 270-276
Enterprise Application
Impact of Supply Chain Finance on Corporate Financial Risk under Digital Transformation
Full
Fang LIU, Zhaomei ZHANG
Affiliations
  • College of Economic and Management, Baoji University of Arts and Sciences, Baoji 721013, Shaanxi, China
Published: 2025-05-10
Outline
收藏切换

Taking the listed companies of Shanghai and Shenzhen A-shares from 2013 to 2022 as samples, the impact of supply chain finance on corporate financial risks was verified through empirical research. The moderating effect of digital transformation on the above relationship was explored, and the mechanism and path through which supply chain finance affects financial risks was analyzed. The results show that supply chain finance can significantly reduce corporate financial risks,this reducing effect is more significant among small enterprises, high-tech enterprises and those in the manufacturing industry, digital transformation has a significant positive moderating effect on the above relationship, and the impact mechanism indicates that financing constraints have a significant mediating effect.

supply chain finance  /  financial risk  /  digital transformation  /  financing constraints
Fang LIU, Zhaomei ZHANG. Impact of Supply Chain Finance on Corporate Financial Risk under Digital Transformation[J]. Science Technology and Industry, 2025 , 25 (9) : 270 -276 .
Year 2025 volume 25 Issue 9
PDF
396
202
Cite this Article
BibTeX
Article Info
  • Receive Date:2024-11-20
  • Online Date:2025-07-18
  • Published:2025-05-10
Article Data
Affiliations
History
  • Received:2024-11-20
Funding
Affiliations
    College of Economic and Management, Baoji University of Arts and Sciences, Baoji 721013, Shaanxi, China
References
Share
https://castjournals.cast.org.cn/joweb/kjhcy/EN/
Share to
QR

Scan QR to access full text

Cite this article
BibTeX
Citations
表12种不同金属材料的力学参数

Family
属数
Number of
genus
种数
Number of
species
占总种数比例
Percentage of
total species (%)

Genus
种数
Number of
species
占总种数比例
Percentage of total
species (%)
鹅膏菌科Amanitaceae 2 11 5.26 鹅膏菌属 Amanita 10 4.78
小菇科 Mycenaceae 2 12 5.74 丝盖伞属 Inocybe 5 2.39
多孔菌科 Polyporaceae 8 14 6.70 蜡蘑属 Laccaria 5 2.39
红菇科 Russulaceae 3 23 11.00 小皮伞属 Marasmius 6 2.87
小菇属 Mycena 11 5.26
光柄菇属 Pluteus 5 2.39
红菇属 Russula 17 8.13
栓菌属 Trametes 5 2.39
关闭全屏
  • BibTeX
  • EndNote
  • RefWorks
  • TxT