The Impact of Intelligent Supply Chain Development on Firms’ Cost of Debt

This study investigates the impact of intelligent supply chain development on the cost of debt. We find that the development of intelligent supply chains reduces information asymmetry and enhances firm value, thereby lowering the firms’ cost of debt. That is, intelligent supply chain development has a negative effect on firm's cost of debt. Our study contributes to encouraging more firms to engage in intelligent supply chain initiatives and promotes the broader development of intelligent supply chains by revealing the relationship between intelligent supply chain development and the cost of debt.