Supply chain digitization and corporate maturity mismatch: Evidence from a quasi-natural experiment

被引：0
|
作者：
Du, Yifei [1 ]
Li, Wen [1 ]
Tang, Xuesong [1 ]
机构：
[1] Southwestern Univ Finance & Econ, Sch Accounting, 555 Liutai Ave, Chengdu, Sichuan, Peoples R China
来源：
PACIFIC-BASIN FINANCE JOURNAL | 2024年 / 87卷
基金：
中国国家自然科学基金;
关键词：
Supply chain digitization; Corporate maturity mismatch; Financing dilemma; Information asymmetry; DEBT MATURITY; ASYMMETRIC INFORMATION; BLOCKCHAIN TECHNOLOGY; CASH FLOW; MANAGEMENT; INVESTMENT; FINANCE; FIRMS; RISK; INCENTIVES;
D O I：
10.1016/j.pacfin.2024.102514
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This paper examines the impact of supply chain digitization on corporate maturity mismatch by exploiting a quasi-natural experiment in China. We find that the digital transformation of supply chain effectively reduces corporate maturity mismatch, with mitigating information asymmetry and optimizing business decisions being the primary mechanisms. The effect is more significant when firms are facing more severe financing constraints and are in the downstream of the supply chain. Overall, this study contributes to the existing literature on corporate debt structure and the digital supply chain practices.
引用
收藏
页数：21
相关论文
共 50 条
  • [31] Bankruptcy law enforcement and corporate digital transformation: evidence from a quasi-natural experiment in China
    Liu, Yujie
    Shen, Xinyi
    APPLIED ECONOMICS, 2024,
  • [32] Intellectual property protection and corporate ESG performance: evidence from a quasi-natural experiment in China
    Nie, Changfei
    Luo, Wen
    Chen, Zhi
    Feng, Yuan
    BUSINESS PROCESS MANAGEMENT JOURNAL, 2025, 31 (01) : 245 - 266
  • [33] Does tax enforcement reduce corporate environmental investment? evidence from a quasi-natural experiment
    He, Lu
    Xu, Lin
    Duan, Kaifeng
    Rao, Yulei
    Zheng, Chuanzhen
    FRONTIERS IN ENVIRONMENTAL SCIENCE, 2024, 12
  • [34] Mandatory corporate social responsibility disclosure and firm innovation: Evidence from a quasi-natural experiment
    Zhang, Huilin
    FINANCE RESEARCH LETTERS, 2022, 47
  • [35] The Effect of Mandatory CSR Disclosures on Corporate Tax Avoidance: Evidence from a Quasi-Natural Experiment
    Cao, June
    Haji, Abdifatah Ahmed
    Hu, Jinshuai
    JOURNAL OF INTERNATIONAL ACCOUNTING RESEARCH, 2024, 23 (02) : 33 - 57
  • [36] Intensive judicial oversight and corporate green innovations: Evidence from a quasi-natural experiment in China
    Huang, Xiaoqi
    Liu, Wei
    Zhang, Zhan
    Zhao, Zhihui
    CHINA ECONOMIC REVIEW, 2022, 74
  • [37] Regional administrative monopoly and corporate tax avoidance: evidence from a quasi-natural experiment in China
    Li, Rubing
    ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS, 2025,
  • [38] Biodiversity conservation and corporate environmental information disclosure: Evidence from a quasi-natural experiment in China
    Chen, Yinying
    Yin, Liang
    Hu, Shiyang
    Li, Xiang
    INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2025, 102
  • [39] Forced corporate social responsibility and incentive to manage earnings: evidence from a quasi-natural experiment
    Pathak, Rajesh
    Chauhan, Yogesh
    Das Gupta, Ranjan
    APPLIED ECONOMICS, 2025,
  • [40] Performance-Based Budgeting and Corporate Innovation: Evidence from a Quasi-Natural Experiment in China
    Wang, Xueping
    Liu, Xinglin
    Hu, Shichao
    Wu, Yuanyuan
    EMERGING MARKETS FINANCE AND TRADE, 2025, 61 (05) : 1460 - 1478
12345