Does supply-chain-finance help to improve the efficiency of outward foreign direct investment?

Xiaxuan Zheng and Yueyan Chen

Finance Research Letters, 2024, vol. 59, issue C

Abstract: Outward foreign direct investment is an important way to obtain sustainable market value. However, existing studies pay less attention to the efficiency of OFDI, especially the lack of in-depth investigation on the influence mechanism of supply chain finance on OFDI efficiency. Therefore, based on the perspective of synergy theory, this paper using A-share listed companies from 2010 to 2022 as a sample, found supply chain finance improves the efficiency of OFDI; and the degree of synergy positively strengthens this promotion effect. The results of the study provide new perspectives and practical insights for enterprises to improve OFDI efficiency.

Keywords: Supply chain finance; OFDI efficiency; Synergy theory perspective; Synergy degree (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:59:y:2024:i:c:s1544612323010759

DOI: 10.1016/j.frl.2023.104703

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