摘要
为探索区块链技术对供应链金融的影响机制,从网络嵌入性视角出发,收集了279份数据样本。建立“数字信用共治—网络嵌入性—供应链金融绩效”的基本理论模型,运用偏最小二乘法验证结构方程模型,并进一步用模糊集定性比较分析分别以融资周期、融资额度、融资可获得性及融资成本4个融资绩效维度作为结果变量进行组态分析,得到6个融资绩效影响因素等效构型。研究结果表明:区块链技术无法通过提高企业中心度降低融资成本;不能通过提高企业关系持久度提高企业融资额度,也不能通过提高企业间合作频率缩短企业融资周期。除此之外,从网络嵌入性角度将各融资绩效维度提升机制归纳为:市场环境引导机制、核心优势主导机制、企业交流引领机制、内外兼修维持机制。最后根据各融资绩效维度影响机制,从网络嵌入性的角度打开区块链技术提升供应链金融绩效的“黑箱”,并为中小企业提高融资绩效提供可实施建议。
In order to explore the mechanism of the impact of blockchain technology on supply chain finance from the perspective of network embeddedness,the data samples of 279 relevant staff and researchers were collected.The basic theoretical model of“digital credit co-governance-network embedding-supply chain financial performance”is established,and the partial least square method is used to verify the structural equation model,and the fuzzy set qualitative comparative analysis is used to analyze the four dimensions of financing performance,namely,financing cycle,financing quota,financing availability and financing cost,and six equivalent configurations of the influencing factors financing performance for are obtained.The results show that block chain technology can’t reduce the cost of financing by enhancing the centrality of enterprises.We can’t increase the enterprise’s financing quota or shorten the financing cycle by increasing the frequency of inter-enterprise cooperation.In addition,from the perspective of network embeddedness,the promotion mechanism of each financing performance dimension includes market environment guiding mechanism,core advantage leading mechanism,enterprise communication leading mechanism,and internal and external maintenance mechanism.Finally,based on the impact mechanism of each financing performance dimension,the“black box”of block chain technology can be unveiled from the perspective of network embedding to help improve the financial performance of supply chain,thus implementable suggestions can be drawn for small and medium-sized enterprises to improve financing performance.
作者
杨红雄
陈俊树
YANG Hongxiong;CHEN Junshu(School of Management,Tianjin University of Technology,Tianjin 300384,China)
出处
《大连理工大学学报(社会科学版)》
CSSCI
北大核心
2022年第2期13-23,共11页
Journal of Dalian University of Technology(Social Sciences)
基金
国家社会科学基金重大项目“新时代中国预算绩效管理改革研究”(19ZDA071)。