diff --git a/lib/dependencies/CommonJsImportsParserPlugin.js b/lib/dependencies/CommonJsImportsParserPlugin.js
index 3340df1af..d9744396d 100644
--- a/lib/dependencies/CommonJsImportsParserPlugin.js
+++ b/lib/dependencies/CommonJsImportsParserPlugin.js
@@ -141,7 +141,9 @@ class CommonJsImportsParserPlugin {
 						regExp: options.unknownContextRegExp,
 						mode: "sync"
 					},
-					expr.range
+					expr.range,
+					undefined,
+					parser.scope.inShorthand
 				);
 				dep.critical =
 					options.unknownContextCritical &&
diff --git a/lib/dependencies/CommonJsRequireContextDependency.js b/lib/dependencies/CommonJsRequireContextDependency.js
index 8536e6cfd..1f810db03 100644
--- a/lib/dependencies/CommonJsRequireContextDependency.js
+++ b/lib/dependencies/CommonJsRequireContextDependency.js
@@ -10,11 +10,12 @@ const ContextDependency = require("./ContextDependency");
 const ContextDependencyTemplateAsRequireCall = require("./ContextDependencyTemplateAsRequireCall");
 
 class CommonJsRequireContextDependency extends ContextDependency {
-	constructor(options, range, valueRange) {
+	constructor(options, range, valueRange, inShorthand) {
 		super(options);
 
 		this.range = range;
 		this.valueRange = valueRange;
+		this.inShorthand = inShorthand;
 	}
 
 	get type() {
@@ -26,6 +27,7 @@ class CommonJsRequireContextDependency extends ContextDependency {
 
 		write(this.range);
 		write(this.valueRange);
+		write(this.inShorthand);
 
 		super.serialize(context);
 	}
@@ -35,6 +37,7 @@ class CommonJsRequireContextDependency extends ContextDependency {
 
 		this.range = read();
 		this.valueRange = read();
+		this.inShorthand = read();
 
 		super.deserialize(context);
 	}
diff --git a/lib/dependencies/ContextDependencyTemplateAsRequireCall.js b/lib/dependencies/ContextDependencyTemplateAsRequireCall.js
index 9b73dcb38..a6b8a0047 100644
--- a/lib/dependencies/ContextDependencyTemplateAsRequireCall.js
+++ b/lib/dependencies/ContextDependencyTemplateAsRequireCall.js
@@ -5,6 +5,7 @@
 
 "use strict";
 
+const CommonJsRequireContextDependency = require("./CommonJsRequireContextDependency");
 const ContextDependency = require("./ContextDependency");
 
 /** @typedef {import("webpack-sources").ReplaceSource} ReplaceSource */
@@ -24,13 +25,16 @@ class ContextDependencyTemplateAsRequireCall extends ContextDependency.Template
 		{ runtimeTemplate, moduleGraph, chunkGraph, runtimeRequirements }
 	) {
 		const dep = /** @type {ContextDependency} */ (dependency);
-		const moduleExports = runtimeTemplate.moduleExports({
+		let moduleExports = runtimeTemplate.moduleExports({
 			module: moduleGraph.getModule(dep),
 			chunkGraph,
 			request: dep.request,
 			runtimeRequirements
 		});
 
+		if (dep instanceof CommonJsRequireContextDependency && dep.inShorthand) {
+			moduleExports = `${dep.inShorthand}: ${moduleExports}`;
+		}
 		if (moduleGraph.getModule(dep)) {
 			if (dep.valueRange) {
 				if (Array.isArray(dep.replaces)) {
diff --git a/test/configCases/parsing/issue-14545/index.js b/test/configCases/parsing/issue-14545/index.js
new file mode 100644
index 000000000..afaf9c0ba
--- /dev/null
+++ b/test/configCases/parsing/issue-14545/index.js
@@ -0,0 +1,4 @@
+it("should generate valid code when 'require' encounters object shorthand syntax", function() {
+	expect(require("./module").obj.require).toEqual(require("./module").obj.r);
+	expect(require("./module").obj.require).toBeTypeOf("function");
+});
diff --git a/test/configCases/parsing/issue-14545/module.js b/test/configCases/parsing/issue-14545/module.js
new file mode 100644
index 000000000..0b7649cbf
--- /dev/null
+++ b/test/configCases/parsing/issue-14545/module.js
@@ -0,0 +1 @@
+export const obj = {require, r: require}
diff --git a/test/configCases/parsing/issue-14545/webpack.config.js b/test/configCases/parsing/issue-14545/webpack.config.js
new file mode 100644
index 000000000..91e80ba3b
--- /dev/null
+++ b/test/configCases/parsing/issue-14545/webpack.config.js
@@ -0,0 +1,9 @@
+/** @type {import("../../../../").Configuration} */
+module.exports = {
+	module: {
+		unknownContextRegExp: /^\.\//,
+		unknownContextCritical: false,
+		exprContextRegExp: /^\.\//,
+		exprContextCritical: false
+	}
+};