Does ESG Performance Affect Supply Chain Concentration? Evidence From China

被引:0
作者
Feng, Panpan [1 ]
Zhang, Yimeng [1 ]
Jeon, Seongil [2 ]
机构
[1] Zhengzhou Univ Light Ind, Coll Econ & Management, Zhengzhou, Henan, Peoples R China
[2] Chonnam Natl Univ, Coll Business Adm, Gwangju, South Korea
关键词
bargaining power; digital transformation; ESG performance; information transparency; supply chain concentration; CORPORATE SOCIAL-RESPONSIBILITY; CUSTOMER CONCENTRATION; FIRM PERFORMANCE;
D O I
10.1111/ajes.12612
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study aims to examine the impact of corporate environmental, social responsibility, and corporate governance (ESG) performance on supply chain concentration in the Chinese capital market. It finds that corporate ESG performance reduces supply chain concentration by increasing firms' information transparency and bargaining power. Additionally, digital transformation positively moderates the relationship between ESG performance and supply chain concentration. Further analyses indicate that the dampening effect of corporate ESG performance on supply chain concentration is more pronounced among firms that are non-state-owned and have higher financing costs. These findings offer valuable practical guidance for Chinese listed companies and governments.
引用
收藏
页码:467 / 480
页数:14
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