グリーンサプライチェーン圧力が企業の持続可能性に与える影響：資源集約的経路と資金制約の役割

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

🔬研究者:Provides a novel text-based measure of green supply chain pressure and evidence on mechanisms, useful for future research on supply chain decarbonization.

🏢実務担当者:Highlights the potential productivity benefits of responding to customer environmental requirements, informing corporate sustainability strategy and supplier engagement.

🏛政策担当者:Suggests that policies encouraging supply chain transparency and customer-supplier collaboration can complement formal regulation to promote sustainability.

Despite growing interest in sustainable supply chains, we still know relatively little about how environmental requirements transmitted from key customers along the supply chain affect firms’ productivity and long-run economic sustainability. To address this gap, we introduce the notion of green supply chain pressure, downstream customers’ explicit green and low-carbon requirements on suppliers, and examine its implications for firm-level productivity and the mechanisms involved. Using a panel of Chinese A-share listed firms over 2014–2024, we construct a novel text-based index of green supply chain pressure by combining supply-chain relationship data with MD&A disclosures of major customers. Firm-level economic sustainability is measured by Levinsohn–Petrin total factor productivity, with Olley–Pakes estimates used for robustness. Fixed-effects regressions with industry–year and city–year controls show that stronger green supply chain pressure is associated with significantly higher productivity. Mediation analysis reveals that this effect operates partly through three resource-intensive adjustment channels: (i) a higher share of green patents in total innovation, (ii) capital deepening via a higher share of digital and intelligent fixed assets in total net fixed assets, and (iii) human capital upgrading through a larger proportion of highly educated employees. Interaction models further indicate that financing constraints critically condition these gains: the productivity effect of green supply chain pressure is stronger for firms with greater financial slack, and for high-tech, green-attribute and larger firms. Overall, the results highlight supply chain-based governance as a powerful complement to formal regulation for promoting long-run economic sustainability at the firm level.

• semanticscholar https://www.mdpi.com/2071-1050/18/2/694/pdf?version=1767963204first seen 2026-09-01 05:45:06