Suppliers' annual report tone and enterprise inventory efficiency

Xin，Yingying1; Zeng，Xiao2; Luo，Zhengying1

2022-07-01

10.1080/13504851.2022.2096849

APPLIED ECONOMICS LETTERS   Impact Factor & Quartile

1350-4851

1466-4291

Using the data from disclosed information on the top 5 suppliers and annual report tone by Chinese A-share listed firms, this article examines the impact of supplier's annual report tone on enterprise inventory efficiency. We find that the more positive the tone of the supplier's annual report, the more efficient the company's inventory. That is, the more positive the tone of the supplier's annual report, the less inventory the enterprise holds and the shorter the inventory holding time. It shows that the tone of suppliers' annual reports has a positive spillover effect on the efficiency of firms' inventory. Our results still hold after a battery of additional tests.

Supplier's annual report tone inventory efficiency textual analysis supply chain spillover effect

SSCI

English

Corresponding

Key Project of National Social Science Foundation of China[20AGL016]

Business & Economics

Economics

WOS:000825133500001

ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD

ECONOMICS BUSINESS

2-s2.0-85133482133

Web of Science

1.School of Business,Soochow University,Suzhou,China
2.School of Business,Southern University of Science and Technology,Shenzhen,China

Xin，Yingying,Zeng，Xiao,Luo，Zhengying. Suppliers' annual report tone and enterprise inventory efficiency[J]. APPLIED ECONOMICS LETTERS,2022.

Xin，Yingying,Zeng，Xiao,&Luo，Zhengying.(2022).Suppliers' annual report tone and enterprise inventory efficiency.APPLIED ECONOMICS LETTERS.

Xin，Yingying,et al."Suppliers' annual report tone and enterprise inventory efficiency".APPLIED ECONOMICS LETTERS (2022).