A Decision-Support Framework for Enhancing Industrial Chain Resilience through Green Finance: Evidence from China’s Sports Industry

Dangsheng Wang; Qiuying Li; Wenxiang Zhou; Laibing Lu

doi:10.31081/dmame8220251593

Authors

Dangsheng Wang Department of Sports, Henan Institute of Technology, Xinxiang, China
Qiuying Li Department of Sports Rehabilitation, Hunan University of Medicine, Huaihua, China
Wenxiang Zhou Qingdao Engineering Vocational College, Qingdao, China
Laibing Lu School of Physical Education and Sport Science, Fujian Normal University, Fuzhou, China

DOI:

https://doi.org/10.31081/dmame8220251593

Keywords:

Green Finance; Sports Industry Chain; Industry Chain Resilience; Mediation Effect; Threshold Effect

Abstract

To examine the decision-making implications of green finance (Gre) development mechanisms in China on the resilience of the sports industry chain (SICR), this study utilises a sample drawn from 24 provincial-level regions within the country. Initially, evaluation index systems for both Gre and SICR are established. Subsequently, the study investigates the complex linear and non-linear interactions between the development of green finance and SICR in China, providing a decision-support framework aimed at optimising the allocation of green financial resources and enhancing SICR. The findings indicate that: (1) advancements in the level of green financial development exert a significant positive influence on the resilience of SICR; (2) Gre affects SICR partially through the channel of sports industry innovation, which functions as a partial mediator, with this mediation pathway accounting for 23.8% of the total effect; (3) the impact of Gre on SICR is characterised by non-linear dynamics, whereby Gre can bolster SICR only when regional economic level, digital economy development, market maturity, and residents’ consumption capacity surpass specific threshold values.

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References

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