工业技术经济2026，Vol.45Issue(2)：67-76,10.DOI:10.3969/j.issn.1004-910X.2026.02.007
供应链持股对企业可持续发展绩效的影响研究
Study on the Impact of Supply Chain Shareholding on Corporate Sustainable Development Performance
摘要
Abstract
Suppliers and customers are important stakeholders of enterprises,influencing their operations and development.The relationships between upstream and downstream entities in the supply chain have a significant impact on firms.Supply chain shareholding represents a unique type of supply chain relationship,and whether it affects corporate sustainable development per-formance is a question worth exploring.Based on data from Chinese A-share listed companies from 2010 to 2024,this study inves-tigates the impact of supply chain shareholding on corporate sustainable development performance and its underlying mechanisms.The results indicate that supply chain shareholding inhibits the improvement of sustainable development performance.Path analysis reveals that supply chain shareholding negatively affects sustainable development performance by significantly suppressing green in-novation activities and exacerbating corporate financing constraints.Further analysis shows that the inhibitory effect of supply chain shareholding on sustainable development performance is more pronounced in state-owned enterprises,firms with high bargaining power,industries with low prosperity,and large-scale enterprises.Through empirical analysis,this study reveals the negative im-pact of supply chain shareholding on corporate sustainable development performance and its transmission channels,providing new empirical evidence for corporate sustainable development in China.关键词
供应链持股/可持续发展绩效/绿色创新/融资约束/上市公司/企业盈利能力/投资决策/绿色发展Key words
supply chain shareholding/sustainable development performance/green innovation/financing constraints/listed companies/enterprise profitability/investment decision/green development分类
管理科学引用本文复制引用
王元芳,杨利..供应链持股对企业可持续发展绩效的影响研究[J].工业技术经济,2026,45(2):67-76,10.基金项目
北京市教育委员会科技/社科计划项目资助"政党制度优势转化为北京市国有企业高质量发展的机制、路径与对策研究"(项目编号:SZ202210038021) （项目编号:SZ202210038021）
北京市社会科学基金一般项目(项目编号:21GJB021). （项目编号:21GJB021）
