企业ESG表现对供应链网络地位影响研究:路径检验与机制分析

Research on the Impact of Corporate ESG Performance on Supply Chain Network Position:Path Testing and Mechanism Analysis

随着绿色可持续发展已经成为全球共识,ESG表现能否助力中国企业供应链网络地位的提升,对于我国供应链安全和稳定具有重要意义。基于此,本文以2010年至2021年间我国沪深A股上市公司数据为样本,验证企业ESG表现对供应链网络地位的影响效果和作用路径。实证研究发现,企业ESG表现的提高能够增加企业合作伙伴的数量并丰富其所占据的结构洞,带来企业供应链网络地位的上升。机制研究表明,ESG表现能为企业降低财务风险并提高企业供应链韧性,从而提高企业供应链网络地位。基于网络分析方法的拓展性研究发现,客户与供应商企业ESG表现之和能提升关系形成的概率,之差会降低关系形成的概率,分别考察双方ESG表现水平的影响,发现二者都有利于供求关系的形成,而供应商企业的ESG表现的促进效果更显著。本文的研究在理论上为企业提高供应链核心竞争力提供了新的思路,为我国进一步践行可持续发展理念、推进企业ESG实践并助力供应链安全稳定提供了实证证据和政策启示。

As green sustainable development has become a global consensus,the question of whether ESG performance can contribute to the enhancement of the supply chain network position for Chinese companies holds significant importance for the security and stability of supply chain.Based on this,this paper takes the data of Chinese A-share listed companies in the Shanghai and Shenzhen stock exchanges from 2010 to 2021 as a sample,and verifies the impact and pathways of corporate ESG performance on the supply chain network position.Empirical research findings indicate that an improvement in corporate ESG performance can increase the number of corporate partners and enrich the structural holes they occupy,leading to an elevation of the company's supply chain network position.Mechanism studies suggest that ESG performance can help companies reduce financial risks and enhance supply chain resilience,thereby elevating the company's supply chain network position.Extended research using network analysis methods reveals that the sum of ESG performance between customers and suppliers can increase the probability of relationship formation,while the difference can decrease the probability of relationship formation.Examining the influence of the ESG performance levels of both parties separately,this paper finds that both of them contribute to the formation of supply and demand relationships,and the promotional effect of the supplier's ESG performance is more pronounced.This paper theoretically provides new perspectives for companies to enhance their core competitiveness in the supply chain,and offers empirical evidence and policy insights for China to further implement sustainable development principles,promote corporate ESG practices,and support the security and stability of the supply chain.