Work

How does digitalization of the supply chain accelerate the sustainable development of listed companies in the new energy sector?

Year: 2025

Type: article

Abstract: This study, based on data from new energy-related listed companies from 2010 to 2023, quantifies the level of supply chain digitalization using text mining techniques and combines panel regression to reveal its impact on corporate sustainability performance. The study finds that supply chain digitalization becomes a core lever driving sustainable development by breaking the structural lock-in caused by excessive supplier concentration. Further analysis reveals that the effect of supply chain digitalization on sustainability is moderated by several factors: analyst tracking, executive stock incentives, and corporate green innovation capabilities all strengthen this positive effect. Notably, differences in industry characteristics and internal supply chain management levels lead to significant heterogeneity in the marginal contribution of supply chain digitalization to sustainable development.

Source: International Review of Economics & Finance

DOI: 10.1016/j.iref.2025.104505

Authors: Lixing Guo, Zengjie Kuang

Institution: Hebei University of Engineering

Language: English

Topic: Sustainable Supply Chain Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth, Responsible consumption and production, Climate action

Open Access status: gold

Estimated APC paid: $1,930