| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17208 |
| DP17208 Supply Chain Risk: Changes in Supplier Composition and Vertical Integration | |
| Nuri Ersahin; Mariassunta Giannetti; Ruidi Huang | |
| 发表日期 | 2022-04-11 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Using textual analysis of earnings conference calls, we quantify firm level risk arising from the reliability of the supply chain from 2002 to 2020. Our proxy for perceived supply chain risk exhibits cross-sectional and time-series variation that aligns with reasonable priors and is unprecedently high following the Covid-19 pandemic. We find that firms that face higher supply chain risk establish relationships with closer and domestic suppliers and with suppliers that are industry leaders. In addition, firms that do not face financial constraints are more likely to engage in vertical mergers and acquisitions when they face supply chain risk. |
| 主题 | Financial Economics |
| URL | https://cepr.org/publications/dp17208 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546203 |
| 推荐引用方式 GB/T 7714 | Nuri Ersahin,Mariassunta Giannetti,Ruidi Huang. DP17208 Supply Chain Risk: Changes in Supplier Composition and Vertical Integration. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
