Work

Blockchain, supply chain finance collaboration, and the ESG performance of cultural and tourism enterprises

Year: 2026

Type: article

Abstract: Based on panel data from China’s A-share listed cultural and tourism companies during the period 2012–2023, this study explores the impact of blockchain technology adoption on the ESG performance of these enterprises, with a focus on the mediating mechanisms of supply chain finance collaboration and green innovation. The results indicate that blockchain application significantly improves the ESG performance of cultural and tourism firms. Further analysis reveals that the promoting effect of blockchain is more pronounced in regions with stronger government environmental regulation. Mechanism tests show that both supply chain finance collaboration and green innovation serve as significant mediating channels through which blockchain enhances ESG performance. These findings provide empirical evidence for understanding how blockchain technology fosters sustainable development in the cultural and tourism industry.

Source: International Review of Economics & Finance

DOI: 10.1016/j.iref.2026.105306

Author: Lei Sun

Institution: Henan University of Engineering

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

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

Open Access status: gold

Estimated APC paid: $1,930