Does network governance based on banks’ e-commerce platform facilitate supply chain financing?

作者：Zhixin Chen, Jian Chen, Zhonggen Zhang, Xiaojuan Zhi · 发表于：China Agricultural Economic Review · 年份：2019 · DOI：10.1108/caer-06-2018-0132 · 被引用次数：30 · 研究领域：Microfinance and Financial Inclusion、FinTech, Crowdfunding, Digital Finance、Islamic Finance and Banking Studies

Purpose The purpose of this paper is to provide a framework to illustrate how network governance based on banks’ e-commerce platform reduces loan risks and mitigates credit rationing in supply chain financing (SCF). Design/methodology/approach The authors conceptualize network governance in terms of authority structure and interorganizational mechanism dimensions, and derive the model of its determinants through arguments drawn from the existing literature. Structural equation modeling is employed to test the theoretical model on data collected from a sample of 271 independent supply chain trading partners in rural China. Findings The findings indicate that network governance based on banks’ e-commerce platform could integrate the operations and finances in supply chain management to solve the problems of information asymmetry, costly monitoring, insufficient qualified collaterals and mitigate farmers’ credit rationing. The collaborative credit-granting mechanism and collaborative debt enforcement mechanism formed by the authority structure and interorganizational mechanisms are the key factors to realize the complete compatibility of incentives. The bank e-commerce platform can provide a foundation for the authority structure and interorganizational mechanisms to enhance the predictability of applicants’ transaction and then safeguard the financial exchanges in supply chain. Practical implications The research results indicate that it is important to support farmers to estab...