Mechanisms of supply chain finance operation on digital platforms: an economic perspective on information disclosure

Digital technology provides new ideas for innovation in supply chain financing models and solutions. This study elaborates on the connotation of the supply chain finance of digital platforms, the advantages of the platform factoring and risk solutions. Meanwhile, the operation mechanism of fintech platforms is introduced. On the basis of theories in economics, the theoretical advantages of fintech platforms in information disclosure are analysed. In addition, the relationship between disclosure decision and financing performance is explored, and the results confirm that the full disclosure decision on the FinTech platform helps improve the financing performance. Taking data elements as an entry point, this study attempts to open the theoretical black box of digital technology to enhance financing performance from the perspective of information disclosure. This study provides a theoretical reference for the development of digital supply chain finance and useful insights for supply chain enterprises, financial institutions and policy-makers in financing.