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Financial Empowerment and Technological Leap: Research on the Driving Mechanism of Supply Chain Finance on Enterprise Digital Transformation

Author

Listed:
  • Wu Chenxi

    (Universiti Teknologi Malaysia, UTM Johor Bahru, 81310, Johor Bahru, Malaysia Author-2-Name: Thoo Ai Chin Author-2-Workplace-Name: Universiti Teknologi Malaysia, UTM Johor Bahru, 81310, Johor Bahru, Malaysia Author-3-Name: Dai Yuhui Author-3-Workplace-Name: School of Business Administration, Zhejiang University of Finance & Economics, Dongfang College, No. 2 Yangshan Road, Changan Town, Haining City, Jiaxing, Zhejiang Province, China Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)

Abstract

" Objective - The digital transformation of enterprises is an important tool for building a Digital China and developing New Productivity, while supply chain finance brings profound innovation to financial services. Existing research lacks an in-depth exploration of the relationship between Supply Chain Finance and Digital Transformation. Methodology/Technique – Based on theoretical analyses, this paper explores the impact of SCF on enterprise's DT and its internal mechanism using the data of A-share non-financial enterprises in China from 2010 to 2022. Findings – SCF significantly improves enterprises' DT levels, and this conclusion holds for major event shocks. Mechanism analysis shows that this effect is primarily achieved through resource allocation and risk smoothing. Novelty – This paper expands the research boundary at the micro level and provides new evidence and ideas to help SCF better serve the real economy and accelerate enterprise DT. Type of Paper - Empirical"

Suggested Citation

  • Wu Chenxi, 2026. "Financial Empowerment and Technological Leap: Research on the Driving Mechanism of Supply Chain Finance on Enterprise Digital Transformation ," GATR Journals jfbr233, Global Academy of Training and Research (GATR) Enterprise.
    • Handle: RePEc:gtr:gatrjs:jfbr233
    DOI: https://doi.org/10.35609/jfbr.2026.10.4(1)
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    References listed on IDEAS

    as
    1. Matt, C. & Hess, Thomas & Benlian, Alexander, 2015. "Digital Transformation Strategies," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 75002, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    2. Tseng, Ming-Lang & Lim, Ming K. & Wu, Kuo-Jui, 2019. "Improving the benefits and costs on sustainable supply chain finance under uncertainty," International Journal of Production Economics, Elsevier, vol. 218(C), pages 308-321.
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    4. Christian Matt & Thomas Hess & Alexander Benlian, 2015. "Digital Transformation Strategies," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 57(5), pages 339-343, October.
    5. Zhai, Huayun & Yang, Min & Chan, Kam C., 2022. "Does digital transformation enhance a firm's performance? Evidence from China," Technology in Society, Elsevier, vol. 68(C).
    6. Jiang, Weijie & Li, Jiaye, 2024. "Digital transformation and its effect on resource allocation efficiency and productivity in Chinese corporations," Technology in Society, Elsevier, vol. 78(C).
    7. Fisman, Raymond & Svensson, Jakob, 2007. "Are corruption and taxation really harmful to growth? Firm level evidence," Journal of Development Economics, Elsevier, vol. 83(1), pages 63-75, May.
    8. Wuttke, David A. & Blome, Constantin & Henke, Michael, 2013. "Focusing the financial flow of supply chains: An empirical investigation of financial supply chain management," International Journal of Production Economics, Elsevier, vol. 145(2), pages 773-789.
    9. WUTTKE, David A & BLOME, Constantin & HENKE, Michael, 2013. "Focusing the financial flow of supply chains: an empirical investigation of financial supply chain management," LIDAM Reprints CORE 2601, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    10. Matt, C. & Hess, Thomas & Benlian, Alexander, 2015. "Digital Transformation Strategies," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 75202, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
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    Keywords

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    JEL classification:

    • G53 - Financial Economics - - Household Finance - - - Financial Literacy
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance

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