The impact of digital transformation on corporate supply chain management: Evidence from listed companies

Pingrui Li and Xu Zhao

Finance Research Letters, 2024, vol. 60, issue C

Abstract: In the current economic environment, the digital transformation of businesses plays a pivotal role in supply chain management. This study, based on data from Chinese listed companies between 2012 and 2021, empirically tests the significant enhancement of total factor productivity in enterprises due to digital transformation by matching data at the enterprise level of upstream suppliers and downstream customers. This conclusion remains valid even after endogeneity and robustness tests. Further analysis reveals that digital transformation exerts its influence by optimizing supply-demand matching and reducing transaction costs. The impact of digital transformation exhibits heterogeneity in the characteristics of vertical relationship structures, including differences in enterprise scale, ownership nature, and innovation level. Such changes drive the overall efficiency improvement of the corporate supply chain, leading to higher productivity for businesses. The research results provide compelling evidence for understanding the central role of digital transformation in supply chain management and offer significant insights for advancing the digital process and construction of supply chains.

Keywords: Digital transformation; Corporate productivity; Supply chain management efficiency, Financing constraints (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S154461232301262X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:60:y:2024:i:c:s154461232301262x

DOI: 10.1016/j.frl.2023.104890

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().