Examining the Effect of Supply Chain Risks on the Financial Performance of Stock Exchange Companies

Autor: Alireza Shahraki, Mohammadreza Asghariyan
Jazyk: perština
Rok vydání: 2024
Předmět:
Zdroj: مدیریت بهره وری, Vol 18, Iss 3, Pp 107-140 (2024)
Druh dokumentu: article
ISSN: 2716-9979
2476-7298
Popis: Researchers have been pursuing for a long time to understand how supply chain risks affect the financial performance of companies, yet, they cannot claim this in their theoretical and empirical studies The purpose of the present study is to examine the relationship between supply chain risks and the financial performance of the company. Using survey data and financial statements, we investigate how supply chain risks affect the firm financial performance from the perspective of marginal financial performance(MFP). The findings regarding the importance of industry-specific risk, organizational risk, internal business process risk, and demand risk are consistent with previous studies. We found that demand risk has a final marginal financial performance (MFP) of -0.20, which is the highest negative impact among risk variables. The findings also show that industry-specific risk has a final marginal financial performance (MFP) of -0.16. Although there is no direct impact on financial performance, it is a second negative impact. We also do not assume that the reported estimates of marginal financial performance apply to all businesses in other countries. However, future research can expand our findings. This study combines survey and property data to analyze how supply chain risks affect firm's financial performance. In particular, it provides a method to estimate quantitative causal relationships between supply chain risk and firm financial performance, which has received less attention in supply chain management research.
Databáze: Directory of Open Access Journals