Can Vertical Mergers and Acquisitions of Renewable Energy Enterprises Enhance Supply Chain Resilience?—Empirical Verification Based on Multi-Period Difference-in-Differences Model

Sustainability, Journal Year: 2025, Volume and Issue: 17(7), P. 3211 - 3211

Published: April 4, 2025

Given the global imperative for energy transition, vertical mergers and acquisitions (M&As) have become a strategic lever renewable enterprises to enhance supply chain resilience. This study examines performance of Chinese A-share listed from 2011 2023. By constructing an evaluation index system resilience, employs multi-period difference-in-differences (DID) model examine impact M&As on resilience mediating effect supplier concentration. The results demonstrate that vertically merged is generally stronger than non-M&A counterparts, with significant upward trend observed in M&A during period. However, lower compared manufacturing firms. Vertical conclusion remains valid after series robustness tests. mitigate concentration further enterprises. Heterogeneity analyses reveal has more pronounced low financing constraints high growth potential. In solar power, lithium hydrogen industries, had greater promoting provides empirical evidence decision-making guidelines adopt strategies enhancing

Language: Английский

The experience and influence of youth in China in coping with stressful life events during the post-COVID-19 pandemic era: a qualitative study

BMC Public Health, Journal Year: 2025, Volume and Issue: 25(1)

Published: April 16, 2025

Language: Английский

Modelling and evaluating wood supply chain resilience factors based on system dynamics

Scientific Reports, Journal Year: 2025, Volume and Issue: 15(1)

Published: May 9, 2025

Language: Английский