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How does supply chain finance drive corporate green transition? The role of credit resource availability

Author

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  • Fan, Congying
  • Peng, Ke

Abstract

Using data from China’s A-share listed companies from 2011 to 2023, this study examines the impact of supply chain finance on corporate green transition. Fixed-effects model analyses reveal that supply chain finance development significantly promotes green transformation. Heterogeneity analysis indicates that supply chain finance exerts a more pronounced effect on the green transition of firms with high carbon performance and low carbon emissions. Credit resource availability plays a partial mediating role in the relationship between supply chain finance and green transition, while corporate reputation positively moderates this linkage.

Suggested Citation

  • Fan, Congying & Peng, Ke, 2025. "How does supply chain finance drive corporate green transition? The role of credit resource availability," Finance Research Letters, Elsevier, vol. 86(PA).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pa:s1544612325016356
    DOI: 10.1016/j.frl.2025.108381
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    Keywords

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    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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