文献类型：期刊文献

英文题名：Mandatory social responsibility disclosure and supply chain disruptions: evidence from emerging markets

作者：Wang, Chao[1];Long, Rui[2]

机构：[1]East China Univ Sci & Technol, Sch Business, Shanghai, Peoples R China;[2]Shanghai Univ Finance & Econ, Coll Business, 777 Guoding Rd, Shanghai 200433, Peoples R China

年份：2026

外文期刊名：APPLIED ECONOMICS

收录：;Scopus(收录号：2-s2.0-105046535453);WOS:【SSCI(收录号:WOS:001836803600001)】；

基金：This work was supported by the National Natural Science Fund of China under Grant [72503063]; National Social Science Fund of China [24ZDA026] and Graduate Innovation Fund Project of Shanghai University of Finance and Economics (CXJJ-2024-429).

语种：英文

外文关键词：Social responsibility; mandatory disclosure; supply chain disruption; emerging market; M14; G38; L14

摘要：Enhancing supply chain transparency through corporate social responsibility (CSR) disclosure has become a key instrument of sustainability governance. Yet whether such mandates alter cross-border supply chain configurations remains theoretically debated and empirically unresolved. Using Chinese listed firms from 2010 to 2022, this study examines the impact of the EU Non-Financial Reporting Directive (NFRD) on supply chain relationships between Chinese suppliers and EU customers. We document a significant decoupling effect: after the NFRD, Chinese firms experience a substantial reduction in EU customer ties, especially when they had low pre-treatment CSR performance. Cross-sectional analysis reveals that the impact of the NFRD on the customer relationships of Chinese firms is more pronounced when supply chain CSR risk visibility is higher and the transmission of regulatory pressure from customers is greater. By identifying the cross-border spillover effects of a unilateral disclosure policy on firms in a non-implementing country, this study provides evidence on the real effects of mandatory CSR disclosure on global supply chain restructuring.