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Supply chain shared audit, financing costs, and enterprises innovation

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  • Liu, Jianmei
  • Guo, Xiang
  • Fu, Rong

Abstract

This study examines the effect of supply chain shared auditing on enterprises innovation, using Chinese A-share listed companies in Shanghai and Shenzhen from 2007 to 2022 as research samples. The study find that: Firstly, supply chain shared auditing can significantly improve the innovation output of enterprises. Secondly, financing costs play a mediating role in the relationship between supply chain shared auditing and enterprises innovation. Thirdly, institutional investors play a regulatory role in the positive relationship between supply chain shared auditing and corporate innovation.

Suggested Citation

  • Liu, Jianmei & Guo, Xiang & Fu, Rong, 2025. "Supply chain shared audit, financing costs, and enterprises innovation," Finance Research Letters, Elsevier, vol. 83(C).
    • Handle: RePEc:eee:finlet:v:83:y:2025:i:c:s1544612325009559
    DOI: 10.1016/j.frl.2025.107696
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    References listed on IDEAS

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    1. Zhou, Ning & Shi, Qi & Ye, Ju, 2025. "Industrial co-agglomeration, human capital upgrading, and supply chain efficiency," Finance Research Letters, Elsevier, vol. 86(PF).

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