Integrating operations and finance for sustainable development: Theory, practice, and opportunities

• 成果类型: Article; Early Access
• 署名作者: Zhang, Yuxuan; Peng, Boya; Wu, Jing
• 署名单位: University of International Business & Economics; Chinese University of Hong Kong
• 刊物名称: PRODUCTION AND OPERATIONS MANAGEMENT
• ISSN/ISSBN: 1059-1478
• DOI: 10.1177/10591478261454786
• 发表日期: 2026
• 关键词: supply chain finance; Trade credit; Reimbursement policy; vs. bank; IMPACT; RISK; management; performance; inventory; COMPETITION

摘要

Sustainable development demands addressing two core challenges: mobilizing financial resources and aligning stakeholder incentives. This article surveys the operations-finance interface literature through the lens of Mobilizing Resources and Aligning Incentives framework. We highlight how the literature advances our knowledge of mitigating SME financing constraints and crafting operationally-informed financial contracts to internalize externalities. We identify a critical gap: while theoretical models for incentive alignment are well-established, empirical evidence remains limited due to the difficulty of analyzing unstructured data. To bridge this gap, we present large language models (LLMs) as a rigorous methodological toolkit for empirical operations management research. We outline a four-step framework-Problem Definition, Model Selection, Prompt Engineering, and Validation-and illustrate its application via a case study that extracts novel data on supplier finance programs from corporate 10-K filings. We conclude by proposing a unified research agenda to advance future research at the intersection of operations, finance, and sustainability.