Adoption of supply chain finance by small and medium enterprises in China
Business Process Management Journal
ISSN: 1463-7154
Article publication date: 29 December 2020
Issue publication date: 5 March 2021
Abstract
Purpose
Supply chain finance (SCF) is a promising financing solution for small and medium enterprises (SMEs). The study aims to highlight the determinants of the adoption of SCF and the theoretical implications for SCF in SMEs.
Design/methodology/approach
Drawing on the theory of planned behaviour (TPB), the authors develop a model and test hypotheses about the factors (1) SE, (2) attitude toward SCF, (3) social influence (SI), (4) adoption intention (AI) and (5) actual adoption (AA) of SCF. Data collected from a survey of 211 managers in SMEs in China were used to conduct a partial least squares (PLS) estimation.
Findings
The empirical results indicate that attitude toward SCF and SI positively affect AI towards SCF, whereas AI positively affects the AA of SCF. Specifically, the authors find that AI plays a mediating role in the relationship between SE and AA of SCF, whereas attitude toward SCF plays a mediating role between SI and AI.
Originality/value
First, the authors use the TPB to study the adoption of SCF in SMEs. Second, the authors apply PLS to clarify the influence mechanism of behavioural factors on the adoption of SCF. The authors provide a useful approach for practitioners in examining the adoption of SCF by SMEs.
Keywords
Citation
Li, X., Jiang, B. and Li, J. (2021), "Adoption of supply chain finance by small and medium enterprises in China", Business Process Management Journal, Vol. 27 No. 2, pp. 486-504. https://doi.org/10.1108/BPMJ-09-2020-0399
Publisher
:Emerald Publishing Limited
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