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Supply chain sustainability and its impact on firm market competitiveness: A perspective based on ESG practices

Author

Listed:
  • Zhao, Qiao
  • Wang, Wangqing
  • Tao, Yingjia

Abstract

This study uses A-share listed companies from 2012 to 2022 as the sample and employs a DID model to analyze the impact of supply chain sustainability on firm market competitiveness. The findings indicate that supply chain sustainability significantly enhances firm market competitiveness. Robustness tests confirm the reliability of the results, and the impact of supply chain sustainability on market competitiveness exhibits distinct characteristics. Mechanism tests reveal that supply chain sustainability enhances firm market competitiveness through two pathways: promoting ESG practices and alleviating financing constraints.

Suggested Citation

  • Zhao, Qiao & Wang, Wangqing & Tao, Yingjia, 2025. "Supply chain sustainability and its impact on firm market competitiveness: A perspective based on ESG practices," International Review of Economics & Finance, Elsevier, vol. 101(C).
    • Handle: RePEc:eee:reveco:v:101:y:2025:i:c:s1059056025003995
    DOI: 10.1016/j.iref.2025.104236
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    Keywords

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    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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