Business environment and industrial chain resilience

Yunjian Zheng, Yani Guo and Jiale Yan

Finance Research Letters, 2025, vol. 75, issue C

Abstract: In this study, we examined the impact of business environment (BE) on industrial chain resilience (ICR). We analyzed data from 31 provinces in China from 2013 to 2022 and found that a good BE not only enhances ICR significantly but also have a positive effect on ICR of neighboring provinces. This positive effect is realized by improving the level of supply chain finance. Furthermore, we found BE has a significant impact on ICR in eastern regions and those with higher levels of financial development. This study provides fresh insights for improving ICR.

Keywords: Business environment; Industrial chain resilience; Supply chain finance (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:75:y:2025:i:c:s1544612325001515

DOI: 10.1016/j.frl.2025.106886

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