Supply Chain Network and Corporate Leverage Manipulation

Qing Gui ()
Additional contact information
Qing Gui: Huazhong University of Science and Technology, School of Economics

A chapter in Proceedings of the 2025 10th International Conference on Social Sciences and Economic Development (ICSSED 2025), 2025, pp 285-291 from Springer

Abstract: Abstract Supply chain networks affect the information environment of the sector in which enterprises are located, and thus have an impact on the level of corporate leverage manipulation. Based on the analysis method of social networks, this paper uses inter-industry input-output data to construct China’s supplytrade network, and uses the data of Chinese listed companies from 2010 to 2019 as a sample to study the impact of supply chain network centrality on corporate leverage manipulation. The study found that the closer the sector is to the center, the more complex the information environment it faces. For the companies located in it, the greater the degree of information asymmetry between outsiders and insiders, and the greater the space for companies to engage in leverage manipulation out of selfish motives. This paper not only provides a new perspective of economic networks for the study of corporate leverage manipulation, but also improves the research on the information mechanism of input-output networks, and provides policy recommendations for China’s “deleveraging” work.

Keywords: supply chain network; leverage manipulation; information asymmetry (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:advbcp:978-94-6463-734-2_34

Ordering information: This item can be ordered from
http://www.springer.com/9789464637342

DOI: 10.2991/978-94-6463-734-2_34

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().