Abstract
The study delves into the repercussions of enterprise digital transformation on supply chains, particularly scrutinizing how the international experiences of enterprise top management teams (TMTs) shape these effects. Drawing upon data spanning from 2007 to 2020 from Chinese listed companies, the research unveils that the digital metamorphosis of enterprises substantially diminishes the concentration within their supply chains. Interestingly, TMTs’ overseas experiences exhibit a mitigating effect on this phenomenon, indicating that such experiences significantly foster the reduction of supply chain concentration propelled by enterprise digital transformation. Moreover, they facilitate the diversification of supply chains. Further analysis underscores that this influence is more pronounced in non-high-tech sectors and privately-owned enterprises. This investigation highlights a noteworthy trend: as Chinese enterprises embrace digitalization, their supply chain configurations tend towards greater diversification rather than centralized structures. These findings underscore the pivotal role of TMTs' international exposure in shaping the dynamics of supply chain evolution amidst the digital transformation landscape.
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