Research Article
Research on the Mechanism of Supply Chain Finance Improving Enterprise Financing Efficiency Based on Intermediary Utility Model
@INPROCEEDINGS{10.4108/eai.24-5-2024.2350114, author={Jian Liu and Qi Liu}, title={Research on the Mechanism of Supply Chain Finance Improving Enterprise Financing Efficiency Based on Intermediary Utility Model}, proceedings={Proceedings of the 3rd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2024, May 24--26, 2024, Jinan, China}, publisher={EAI}, proceedings_a={MSEA}, year={2024}, month={10}, keywords={supply chain finance，enterprise financing efficiency，intermediary utility model}, doi={10.4108/eai.24-5-2024.2350114} }- Jian Liu
Qi Liu
Year: 2024
Research on the Mechanism of Supply Chain Finance Improving Enterprise Financing Efficiency Based on Intermediary Utility Model
MSEA
EAI
DOI: 10.4108/eai.24-5-2024.2350114
Abstract
Through the empirical analysis of the data of listed companies, the role of supply chain finance in improving the financing efficiency of enterprises is studied, and it is found that supply chain finance can effectively alleviate the financing constraints of small and medium-sized enterprises, reduce the financing cost, shorten the capital turnover time, so as to improve the financing efficiency. However, information asymmetry, such as high risk, legal regulatory restrictions, technical infrastructure limitations, insufficient cooperation among market participants, supply chain complexity and vulnerability, and insufficient financing products and services hinder the development of supply chain finance. The paper puts forward the countermeasures to improve supply chain finance.