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Can corporate data assets gain preference? Evidence from supply chain financing

Author

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  • Yang, Liguo
  • Li, Jingjing
  • Liu, Xintong

Abstract

Employing datasets encompassing Chinese listed companies from 2013 to 2023, this research investigates how corporate data assets influence access to supply chain financing (SCF). Robust empirical evidence indicates that the possession of data assets markedly strengthens firms’ ability to secure SCF. Further analysis reveals that data assets promote SCF by improving corporate operational performance and reducing credit risk. Furthermore, this facilitative impact appears substantially stronger among companies facing elevated financial constraints or exhibiting superior digital leadership.

Suggested Citation

  • Yang, Liguo & Li, Jingjing & Liu, Xintong, 2026. "Can corporate data assets gain preference? Evidence from supply chain financing," Finance Research Letters, Elsevier, vol. 89(C).
  • Handle: RePEc:eee:finlet:v:89:y:2026:i:c:s1544612325024675
    DOI: 10.1016/j.frl.2025.109218
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