Partial credit guarantee and trade credit in an emission-dependent supply chain with capital constraint

Xu, Song; Fang, Lei

doi:10.1016/j.tre.2020.101859

Cited by 85 publications

(33 citation statements)

References 47 publications

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“…Cao and Man [5] probed into the effects of the trade credit financing on the operational decisions of an emission-dependent supply chain, and on basis of this, Cao et al [4] discussed the optimal financing modes of an emission-dependent supply chain between supplier's trade credit and bank loan under the emissions trading mechanism. Integrating sustainability investment decision or emissions reduction decision, some paper studied the effects of different financing modes/combinations on operational decisions of a sustainable/green supply chain, such as the advanced payment and reverse factoring [57], the bank loan and trade credit [11], the advanced payment and bank loan [36,39], the partial credit guarantee and trade credit [54], the bank loan, trade credit, and asset-based securitization [12]. Additionally, considering the green credit strategy, Fang and Xu [16] investigated its different influences on operations and greenness level decisions of a green supply chain compared to a mixed financing strategy (combining with pre-payment strategy).…”

Section: Figure 1 Operations Process Of the Carbon Credits Buy-back Policymentioning

confidence: 99%

Effects of the carbon credits buy-back policy on manufacturing/remanufacturing decisions of the capital-constrained manufacturer

Wang

Wang²

2023

JIMO

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<p style='text-indent:20px;'>Under the emissions trading mechanism, this article explores optimal manufacturing/remanufacturing decisions considering the carbon credits buy-back policy by focusing on the value of carbon assets. First, two non-linear programming models are formulated under the cases with/without the carbon credits buy-back policy and solved using the Kuhn-Tucker Conditions (KKT). This article then systematically investigated the impacts of the carbon credits buy-back policy and related crucial parameters on production quantities, selling quantity of carbon quotas, total profits and total carbon emissions resorting to the theoretical analysis and numerical analysis. The results show that the carbon credits buy-back policy could improve operating situations, while specific implementation effect also depends on some factors. Among them, the higher value of the carbon savings of unit remanufactured product could strengthen the advantages of the carbon credits buy-back policy, and the rising carbon savings more significantly promotes the remanufacturing activities. Furthermore, both the carbon price and carbon quotas have significant effects on manufacturing/remanufacturing decisions under the carbon credits buy-back policy. Meanwhile, the carbon price can more effectively adjust production and emissions reduction activities, and consequently controls carbon emissions while protecting production activities. Finally, the results proposed in this paper provide guidance suggestions to manufacturers and policy-makers.</p>

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Section: Figure 1 Operations Process Of the Carbon Credits Buy-back Policymentioning

confidence: 99%

Effects of the carbon credits buy-back policy on manufacturing/remanufacturing decisions of the capital-constrained manufacturer

Wang

Wang²

2023

JIMO

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“…Effects of learning curves under two-stream credit financing were discussed by Feng and Chan [13]. Noteworthy works of Sarkar et al [14], Xu, and Fang [15] in this direction have to be mentioned. .…”

Section: Literature Surveymentioning

confidence: 99%

Pricing Policy in an Integrated Two-echelon Supply Chain under Permissible Delay of Payment

Adhikari¹

2021

IJRAT

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“…Facing the huge pressure of economic decline and industrial upgrading, it is imperative for Chinese companies to master core technologies and improve their competitiveness as soon as possible (Song et al , 2019a, b). However, companies, especially small and medium enterprises (SMEs), usually face capital constraints (Xu and Fang, 2020). The status quo of insufficient policies and financing difficulties exert a series of difficulties to the development of these companies (Franco and Haase, 2010).…”

Section: Introductionmentioning

confidence: 99%

P2P supply chain financing, R&D investment and companies' innovation efficiency

Pan

Guo

Chu

2021

JEIM

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PurposeThe purpose of this paper is to explore the impact of peer-to-peer (P2P) supply chain financing on companies' innovation efficiency.Design/methodology/approachThis study takes the core companies that invest in the P2P platform as the research background and uses data for Chinese companies and the systematic Generalised Method of Moments (the systematic GMM) to explore the relationship between the improvement of supply chain efficiency, research and development (R&D) investment, and innovation efficiency.FindingsThis study indicates that core enterprise investment in P2P can cause a significant improvement in the efficiency of the supply chain and that this improvement can significantly motivate enterprises to increase R&D investment. Although the improvement of supply chain efficiency has no significant effect on improving companies' innovation efficiency, it can have a positive impact on innovation efficiency through the regulating role of R&D investment.Research limitations/implicationsThis research shows several limitations such as single industry and few companies involved, but it analyses the impact of P2P supply chain financing on R&D investment, and companies' innovation efficiency and broadens the research field of P2P supply chain financing.Practical implicationsThis article provides a theoretical direction for listed companies to invest in P2P platforms and achieve supply chain management. The research on the regulating role of this article provides a new way of thinking for the study of enterprise innovation.Originality/valueThis paper analyses the impact of the core enterprise investment in P2P on R&D investment and its subsequent impact on the companies' innovation efficiency, thus broadening the research field of P2P supply chain financing.

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Partial credit guarantee and trade credit in an emission-dependent supply chain with capital constraint

Cited by 85 publications

References 47 publications

Effects of the carbon credits buy-back policy on manufacturing/remanufacturing decisions of the capital-constrained manufacturer

Effects of the carbon credits buy-back policy on manufacturing/remanufacturing decisions of the capital-constrained manufacturer

Pricing Policy in an Integrated Two-echelon Supply Chain under Permissible Delay of Payment

P2P supply chain financing, R&D investment and companies' innovation efficiency

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