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Business environment and industrial chain resilience

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  • Zheng, Yunjian
  • Guo, Yani
  • Yan, Jiale

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.

Suggested Citation

  • Zheng, Yunjian & Guo, Yani & Yan, Jiale, 2025. "Business environment and industrial chain resilience," Finance Research Letters, Elsevier, vol. 75(C).
    • Handle: RePEc:eee:finlet:v:75:y:2025:i:c:s1544612325001515
    DOI: 10.1016/j.frl.2025.106886
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