1057 
3139供应链企业绿色创新的同群联动是加速供应链绿色化转型、落实国家“双碳”目标与绿色发展战略、推动经济高质量发展的重要路径。然而，由于信息不对称与契约不完备，供应链企业绿色创新的同群效应往往面临阻碍。在此背景下，同时跟踪同一供应链上下游两家及以上企业的共同分析师（以下简称“供应链共同分析师”）凭借其强大的信息获取、分析和传递功能，能否有效破解这一难题，具有重要研究价值。文章基于供应链共同分析师视角，探究了供应链企业绿色创新同群效应的存在性及其作用机制。研究发现，供应链共同分析师跟踪网络中存在显著的绿色创新同群效应。被供应链共同分析师跟踪的供应链企业能够有效突破信息传递壁垒，加速供应链知识溢出，提高供应链资金获取效率，从而促进企业绿色创新的同群效应。异质性分析表明，在供应链共同分析师声誉较高、跟踪企业数量较少、所属券商规模较大，以及焦点企业所在地区知识产权保护强度较高、环境规制力度较强的情境下，供应链共同分析师跟踪网络中的绿色创新同群效应更加显著。文章在理论上拓展了“分析师与供应链管理”交叉领域的研究，在实践层面为政府加快推进供应链绿色转型升级、提升产业链供应链现代化水平、实现经济高质量发展提供了重要的决策参考。
供应链共同分析师视角下企业绿色创新的同群效应研究
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杜勇, 黄丹华, 孙帆. 供应链共同分析师视角下企业绿色创新的同群效应研究[J]. 财经研究, 2025, 51(11): 49-63.
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