Supply chain ESG and non-financial corporate shadow banking: Evidence from China

被引：1

作者：

Zhao, Chunyan ^{[1
]}

Gan, Zhongxin ^{[2
]}

Xu, Zhibo ^{[2
]}

机构：

[1] Tongling Univ, Sch Accounting, Tongling 244061, Anhui, Peoples R China

[2] Solbridge Int Sch Business, Daejeon, South Korea

来源：

FINANCE RESEARCH LETTERS | 2024年 / 66卷

关键词：

Supply chain; ESG; Shadow banking; SOCIAL-RESPONSIBILITY; IMPACT; DEPENDENCY;

D O I：

10.1016/j.frl.2024.105682

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper examines the impact of supply chain ESG on non-financial corporate shadow banking using data on Chinese listed firms from 2009 to 2022. We find that improved supply chain ESG performance effectively inhibits non-financial corporate shadow banking. Mechanism tests indicate that supply chain ESG enhances information transparency, encourages entity investment and alleviates financial constraints. In addition, the negative effect is more pronounced in more marketized regions. Overall, this paper approaches shadow banking from a brand-new perspective that integrates supply chain and ESG.

引用

页数：9

共 50 条

[41] Climate risk perception and corporate ESG performance: evidence from China
Li, Menghan
JOURNAL OF ACCOUNTING LITERATURE, 2024,
[42] Data assets and corporate sustainable development: evidence from ESG in China
Li, Yuetong
Wang, Xinyi
Zheng, Xiaojia
PACIFIC-BASIN FINANCE JOURNAL, 2024, 85
[43] Digital technology innovation and corporate ESG performance: evidence from China
Wang, Li
Yang, Hongyu
ECONOMIC CHANGE AND RESTRUCTURING, 2024, 57 (06)
[44] Regulations on Non-Financial Disclosure in Corporate Reporting: A Thematic Review
Khan, Nurul Jannah Mustafa
Ali, Hasani Mohd
SUSTAINABILITY, 2023, 15 (03)
[45] The impact of corporate ESG performance on buyers' bargaining power in the industrial chain: Evidence from China
Xiao, Zhongyi
Huang, Xinfei
Chen, Haitao
FINANCE RESEARCH LETTERS, 2024, 60
[46] Contagion of corporate misconduct in the supply chain: Evidence from customers and suppliers in China
Yang, Yang
Zou, Mingyang
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 2025, 279
[47] The governance of non-state shareholders and corporate ESG: Empirical evidence from China
Tian, Zengrui
Zhu, Bingsheng
Lu, Yuzhong
FINANCE RESEARCH LETTERS, 2023, 56
[48] Do Corporate Consolidations Affect the Competitive Positioning of Non-Financial Firms in China?
Osiichuk, Dmytro
Wnuczak, Pawel
SAGE OPEN, 2023, 13 (04):
[49] Corporate governance quality and non-financial KPI disclosure comparability: UK evidence
Bini, Laura
Giunta, Francesco
Miccini, Rebecca
Simoni, Lorenzo
JOURNAL OF MANAGEMENT AND GOVERNANCE, 2023, 27 (01) : 43 - 74
[50] THE IMPACT OF CORPORATE GOVERNANCE ON FINANCIAL DECISION-MAKING: EVIDENCE FROM NON-FINANCIAL INSTITUTIONS IN THE AUSTRALIAN SECURITIES EXCHANGE
Mensah, Leviticus
Arhinful, Richard
Bein, Murad Abdurahman
ASIAN ACADEMY OF MANAGEMENT JOURNAL OF ACCOUNTING AND FINANCE, 2024, 20 (01): : 41 - 95

← 1 2 3 4 5 →