数字赋能韧性:企业数字化转型的供应链效应OACHSSCD

Given the combined effects of the digital economy and global supply chain risks,it has become urgent to investi-gate how digital transformation can strengthen supply chain resilience.This article uses a two-way fixed effects model to empirically examine,based on panel data from Chinese listed companies,the effects of corporate digital transformation on supply chain resilie-nce and the underlying mechanisms.The results show that,first,digital transformation significantly improves the supply chain re-silience of companies.From an economic perspective,each standard deviation of the degree of digital transformation increases sup-ply chain resilience by 1.897%relative to the sample mean.Second,mechanism tests show that incentives for technological inno-vation,reduction of financial constraints,and strengthening of market competitiveness are the three most important factors through which digital transformation enhances supply chain resilience.Third,heterogeneity analysis shows that the effects of digital transfor-mation on strengthening resilience are more pronounced in highly digitised companies and non-state-owned companies.This effect is more pronounced in samples with low industrial concentration and better regional information infrastructure,and is significantly attenuated by companies'dependence on the supply chain.Fourth,a more detailed analysis shows that digital transformation not on-ly strengthens the resilience of companies themselves,but also optimises the granting of trade credit and encourages supply chain di-versification.This article enriches research in the field of supply chain management and offers useful policy guidance for strengthe-ning supply chain resilience through digital transformation.