【摘要】 企业战略联盟作为一种组织间互动的方式，能够帮助企业突破内部要素资源限制，同时供应链管理作为企业经营管理的核心内容之一，是企业获取和利用外部资源的关键步骤，但不同管理方式下有利有弊，因此企业战略联盟如何影响供应链话语权的问题值得深入探讨。以2012年至2022年中国A股上市公司为样本，对企业战略联盟与供应链话语权之间的关系进行考察，结果表明，企业战略联盟的形成能够帮助企业间“各取所需”，使供应链话语权得到显著提升。企业战略联盟可以通过激活企业冗余资源、提升分析师团队的追踪数量以及增加媒体关注度的机制对供应链话语权产生影响。拓展分析显示，企业战略联盟不仅能够推动企业“脱虚向实”，还可以提高创新效率。异质性分析表明，战略联盟对供应链话语权的提升作用在非国有企业中更为明显。更多还原

【Abstract】 As a form of inter-organizational interaction,corporate strategic alliances enable firms to overcome limitations in internal resource endowments. Meanwhile,supply chain management,being a core aspect of corporate operations,plays a key role in acquiring and leveraging external critical resources. However,different management approaches entail distinct advantages and disadvantages,making it essential to explore how corporate strategic alliances influence supply chain discourse power. Using a sample of China’s A-share listed companies from 2012 to 2022,this study examines the relationship between corporate strategic alliances and supply chain discourse power. The results indicate that the formation of corporate strategic alliances facilitates " mutual needfulfillment" among firms and significantly enhances supply chain discourse power. Specifically,strategic alliances influence supply chain bargaining power by activating firms’ slack resources,increasing analyst coverage,and boosting media attention. Further analysis reveals that strategic alliances not only help refocus corporate activities on the real economy but also improve innovation efficiency. Heterogeneity analysis shows that the effect of strategic alliances on enhancing supply chain discourse power is more pronounced in non-state-owned enterprises.更多还原