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Impact of supply chain finance on enterprise financing efficiency: Mediating effect of information transparency

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  • Liu, Ziyan
  • Xin, Benlu

Abstract

Supply chain finance serves as a pivotal engine for enhancing corporate financing efficiency. We investigates the impact and mechanisms of supply chain finance on corporate financing efficiency through both theoretical and empirical approaches, using a sample of Chinese A-share listed companies from 2013 to 2023. The findings demonstrate that supply chain finance significantly improves corporate financing efficiency, a conclusion that remains valid after robustness testing. The enhancement primarily occurs through increased corporate transparency, with particularly notable effects observed in state-owned enterprises and companies located in eastern China.

Suggested Citation

  • Liu, Ziyan & Xin, Benlu, 2026. "Impact of supply chain finance on enterprise financing efficiency: Mediating effect of information transparency," Finance Research Letters, Elsevier, vol. 87(C).
    • Handle: RePEc:eee:finlet:v:87:y:2026:i:c:s1544612325023037
    DOI: 10.1016/j.frl.2025.109054
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    References listed on IDEAS

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