Research on Supplier Financing Strategy Considering ``Greenwashing" risk --- Appendix

It analyzes the financing preferences of suppliers and operational decisions of retailers under these scenarios. The findings are as follows: (1) Supplier perspective: Supplier financing is most advantageous when the retailer's greenwashing risk fluctuates within a certain range.

In this model, suppliers can dynamically adjust interest rates based on the retailer's risk, reducing potential financing risks.(2)Retailer perspective: Retailers are inclined to choose supplier financing only when their greenwashing risk is high. In this model, retailers face dual competition in sales channels and financing costs, leading to reduced order quantities and profits. (3) Conflict of interest: From a self-interest maximization standpoint, supply chain participants cannot agree on a financing model.