关系治理与契约治理对于供应链融资绩效的影响研究

摘要/Abstract

摘要： 供应链金融是中小企业解决融资难的有效途径。本文基于交易成本理论,从供应链治理视角构建了供应链融资绩效理论模型。以248个中小企业有效数据为研究样本,本文研究发现:关系和契约两种供应链治理方式均可以积极影响中小企业供应链融资绩效;联合决策在两种治理方式与供应链融资绩效之间具有中介作用,但是信息共享的中介作用不显著;随着环境不确定性的增强,契约治理更能够提升中小企业供应链融资绩效。本文探索关系治理和契约治理对供应链融资绩效的影响机制,对于拓展供应链金融理论具有重要价值,同时对于改善中小企业融资难问题具有一定的指导作用。

关键词: 信息共享, 联合决策, 供应链治理, 供应链金融, 交易成本理论

Abstract: Supply chain finance has become an effective way for SMEs to solve financing difficulties. Based on the transaction cost theory, this paper constructs a theoretical model of supply chain financing performance from the perspective of supply chain governance. Taking the survey data of 248 small and medium-sized enterprises as the research sample, this study finds that both relationship governance and contract governance can positively affect the supply chain financing performance. Joint decision making plays a mediating role between supply chain governance and supply chain financing performance, while the mediating role of information sharing is not significant. With the increase of environmental uncertainty, contract governance can better improve the supply chain financing performance of small and medium-sized enterprises. This paper explores the mechanism of how relationship governance and contract governance influence supply chain financing performance, which is of great value for expanding supply chain finance theory and has certain guiding value for solving the financing difficulties of small and medium-sized enterprises.

Key words: information sharing, joint decision making, supply chain governance, supply chain finance, transaction cost theory

卢强, 杨晓叶, 周琳云. 关系治理与契约治理对于供应链融资绩效的影响研究[J]. 管理评论, 2022, 34(8): 313-326.

Lu Qiang, Yang Xiaoye, Zhou Linyun. The Impact of Relationship Governance and Contract Governance on Supply Chain Financing Performance[J]. Management Review, 2022, 34(8): 313-326.

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