数字赋能与企业增效：企业信息化建设对供应链效率的驱动机制研究

Digital Empowerment and Enterprise Efficiency Improvement: Research on the Driving Mechanism of Corporate Informatization Construction on Supply Chain Efficiency

摘要: 在数字经济蓬勃发展的时代背景下，企业信息化已成为驱动供应链效率提升的核心力量。本文以2014~2024年中国A股上市公司为研究样本，聚焦两大核心议题展开研究：一是企业信息化水平对供应链效率的直接影响机制；二是从产权性质、行业信息化与企业规模三个维度，剖析其影响的异质性特征。实证结果显示，企业信息化对供应链效率具有显著正向提升作用；异质性分析表明，这一促进效应在国有企业、高信息化行业及大型企业中更为突出，且结果通过替换变量测度、剔除外部冲击、缓解内生性偏误三种检验验证了稳健性。本研究不仅从理论层面丰富了企业信息化与供应链管理领域的文献，为理解数字化背景下供应链效率优化提供了新视角，更从实践层面为企业制定差异化信息化战略与供应链管理策略提供了决策参考，并据此提出企业需平衡信息化投入与供应商关系管理的政策建议。

Abstract: Amidst the rapid development of the digital economy, corporate informatization has emerged as a core driver for enhancing supply chain efficiency. Utilizing a sample of China’s A-share listed companies from 2014 to 2024, it examines: (1) the direct mechanism by which DII affects SCE, and (2) impact heterogeneity across ownership type, industry, and firm size. Empirical evidence shows DII significantly improves SCE. Heterogeneity analysis indicates that this positive effect varies significantly, being stronger in state-owned enterprises, high-informatization industries, and large firms. Findings are robust to variable replacement, exclusion of external shocks, and mitigation of endogeneity biases. Theoretically, this research contributes to the literature on corporate informatization and supply chain management by offering new perspectives on supply chain efficiency optimization in the digital era. Practically, it provides decision-making guidance for firms to formulate tailored informatization strategies and differentiated supply chain management policies. Accordingly, we recommend strategically allocating resources between digital infrastructure investments and supplier relationship management development.