供应链三元关系、产品独特性与商业信用

Supply Chain Ternary Relation,Product Uniqueness and Trade Credit

以2009〜2018年中国A股制造业上市公司为样本,探讨了供应链三元关系对企业商业信用的影响,以及产品独特性在其中的调节作用。研究发现:(1)供应链三元关系与企业商业信用之间呈正“U”型关系。当供应链集中度较低时,随着供应链集中度的提高,企业的商业信用逐渐减少;当供应链集中度较高时,随着供应链集中度的提高,企业的商业信用逐渐增多。(2)企业的产品独特性会强化供应链三元关系与商业信用之间的正“U”型关系,即产品独特性强的企业其供应链三元关系与商业信用之间关系的敏感性更强。本文丰富了供应链三元关系的研究,对企业提高供应链把控力,充分运用商业信用具有借鉴意义。

Taking the data of China's A-share manufacturing listed companies from 2009 to 2018 as samples,this paper discusses the mechanism of supply chain ternary relation on the enterprise trade credit and the regulating effect of product uniqueness.The study found that:(1)The comprehensive effect is that there is a positive u-shaped relationship between supply chain ternary relation and the trade credit of the enterprise.When the enterprise's supply chain concentration degree is low,with the increase of the supply chain concentration degree,the trade credit of the enterprise gradually decreases.When the enterprise's supply chain concentration degree is high,with the improvement of the supply chain concentration degree,the trade credit of the enterprise gradually increases.(2)The product uniqueness of the enterprise will strengthen the positive u-shaped relationship between supply chain ternary relation and trade credit.That is,enterprises with strong product uniqueness have a stronger sensitivity to the relationship between the supply chain ternary relation and trade credit.The research conclusion enriches the research on the ternary relation of supply chain,which has reference significance for enterprises to improve the control force of supply chain and make full use of trade credit.