Building Supply Chain Resilience: The Role of Intra- and Extra-Chain Social Capital under Digital Transformation

WEI Qi; ZHENG Zhongrong; GUO Zisheng

Volume 40 Issue 2

Mar. 2025

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WEI Qi, ZHENG Zhongrong, GUO Zisheng. Building Supply Chain Resilience: The Role of Intra- and Extra-Chain Social Capital under Digital Transformation[J]. Journal of Guangdong University of Finance & Economics, 2025, 40(2): 70-82.

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WEI Qi, ZHENG Zhongrong, GUO Zisheng. Building Supply Chain Resilience: The Role of Intra- and Extra-Chain Social Capital under Digital Transformation[J]. Journal of Guangdong University of Finance & Economics, 2025, 40(2): 70-82.

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Building Supply Chain Resilience: The Role of Intra- and Extra-Chain Social Capital under Digital Transformation

1.
School of Business Administration, Guangdong University of Finance and Economics, Guangzhou 510320, China
2.
Development Planning and Regulation Division, Guangdong Pharmaceutical University, Guangzhou 510006, China

Received Date: 2024-08-26
Available Online: 2025-03-31
Publish Date: 2025-03-28

Abstract

Abstract

In the VUCA era, supply chain disruptions have become increasingly frequent. Maintaining supply chain resilience has emerged as a critical imperative for Chinese enterprises pursuing high-quality development. Although the existing research has explored factors influencing supply chain resilience, limited attention has been paid to the distinct roles of heterogeneous social capital. This study categorizes social capital into extra-chain and intra-chain types, grounded in supply chain ontology. Through an empirical analysis of the data of A-share listed companies from 2012 to 2022, it is found that both types of social capital positively enhance supply chain resilience, with intra-chain social capital exhibiting a more pronounced effect. Mechanistically, extra-chain social capital strengthens resilience primarily by bolstering corporate financing capacity, whereas intra-chain social capital operates through mitigating credit risks. Further research indicates that the moderating role of corporate digital transformation mainly lies in guiding social capital to break through the intra-chain and extra-chain boundary, enabling extra-chain social capital to play a more significant role in reducing credit risks, while intra-chain social capital enhances financing capabilities. This study offers theoretical and practical insights for strengthening supply chain resilience management of Chinese enterprises.
- social capital,
- digital transformation,
- supply chain resilience,
- dynamic capability

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References(50)

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