供应链金融对企业债务融资期限决策影响研究

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中图分类号：F832 文献标志码：A DOI： 10.13714/j.cnki.1002-3100.2025.24.021

Abstract：Basedonthedataof Chineselistedcompaniesin ShanghaiandShenzhen A-sharemarketsfrom2O11to2023，this paperexplores theinfluencemechanism of supply chain financeon the decision-making of corporate debt financing term.The studyfindsthatinthedecision-makingofcorporatedebtfinancingterm，supplychainfinancewillpromptenterprisestochoose short-termdebtfinancing.Themechanismanalysisshowsthatinthedecision-makingofcorporatedebtfinancingterm，supply chainfinancepromotesenterprisestochoseshort-termdebtfinancingbyimprovingtheefciencyofenterpriseproductionand operationintegrationandthalocationofcommercialcreditresouces.Thisprovidesapracticalstrategyanddirectionforenterprises to reduce business risks and increase enterprise value when implementing supply chain finance.

Keywords：supplychain finance; financing termdecision-making; eficiencyof productionandoperationintegration;commerial credit resources

0引言

与传统债务融资方式相比，供应链金融在债务融资期限、利率等方面具有更大的灵活性，企业可根据自身经营状况和资金需求特点，选择合适的融资方式和期限结构，降低偿债压力，提高财务稳健性。（剩余7133字）