Supply chain sustainability and its impact on firm market competitiveness: A perspective based on ESG practices

This study uses A-share listed companies from 2012 to 2022 as the sample and employs a DID model to analyze the impact of supply chain sustainability on firm market competitiveness. The findings indicate that supply chain sustainability significantly enhances firm market competitiveness. Robustness tests confirm the reliability of the results, and the impact of supply chain sustainability on market competitiveness exhibits distinct characteristics. Mechanism tests reveal that supply chain sustainability enhances firm market competitiveness through two pathways: promoting ESG practices and alleviating financing constraints.