Abstract
RFID technology has developed rapidly over the last few decades. However, due to high initial investment costs and various security issues, the impact of RFID information adoption on a company's economic value remains ambiguous, and the application of this information technology is in a wait-and-see attitude. In this paper, using supply chain and financial information of A-share listed companies in Shanghai and Shenzhen from 2010 to 2022 as samples, we provide empirical evidence that the changes in supply chain relationships significantly affect the adoption of RFID information technology. Our findings provide timely policy implications for firms considering RFID adoption.
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