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The Influence of R&D Intensity on Supply Chain Transparency: Evidence From the Disclosure Substitution Perspective

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  • Junqin Sun
  • Fangjun Wang
  • Chongchong Lyu
  • Yu Wang

Abstract

This paper shows that the existence of disclosure‐related costs and benefits explains the influence of R&D intensity on supply chain transparency. We find that R&D‐active firms are more likely to redact supply chain identities but disclose supply chain distribution as a substitution. The effect of withholding (disclosing) the specific identities (distribution) of supply chain is more (less) pronounced when firms are in higher competitive industries or non–state‐owned enterprises. Our study provides evidence of disclosure substitution behavior in a unified voluntary setting of supply chain transparency and shows that partial disclosure of nonproprietary information may be optimal.

Suggested Citation

  • Junqin Sun & Fangjun Wang & Chongchong Lyu & Yu Wang, 2025. "The Influence of R&D Intensity on Supply Chain Transparency: Evidence From the Disclosure Substitution Perspective," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 46(2), pages 755-777, March.
    • Handle: RePEc:wly:mgtdec:v:46:y:2025:i:2:p:755-777
    DOI: 10.1002/mde.4402
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    References listed on IDEAS

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