Zhu, Minghao 
ORCID: 0000-0001-7228-731X, Miao, Shucheng ORCID: 0000-0001-6170-3453, Lam, Hugo KS ORCID: 0000-0002-4674-6145, Liang, Chen ORCID: 0000-0001-9215-7379 and Yeung, Andy CL ORCID: 0000-0003-0630-7372
(2025)
Navigating through geopolitical risk: the role of supply chain concentration.
International Journal of Operations & Production Management, 45 (5).
pp. 1032-1065.
ISSN 0144-3577, 1758-6593
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IJOPM-03-2024-0248.R2.pdf - Author Accepted Manuscript Available under License Creative Commons Attribution. Download (655kB) | Preview |
Abstract
<jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>This study aims to investigate the impact of geopolitical risk (GPR) on supply chain concentration (SCC) and the roles of operational capabilities and resources in this relationship.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>Secondary longitudinal data from multiple sources is collected and combined to test for a direct impact of GPR on SCC. We further examine the moderating effects of firms’ operational capabilities and resources (i.e. firm resilience, operational slack and cash holding). Fixed-effect regression models are applied to test the hypotheses, followed by a series of robustness tests to check the consistency of the results.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>Consistent with the tenets of resource dependence theory, our analysis reveals a significant negative impact of GPR on SCC. Moreover, we find that this adverse effect is attenuated for firms with higher levels of resilience, more operational slack and greater cash holdings. Further analysis suggests that maintaining a diversified supply chain base during heightened GPR is associated with a firm’s improved financial performance.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Originality/value</jats:title><jats:p>This study contributes to the supply chain management (SCM) literature by integrating GPR into the supply chain risk management framework. Additionally, it demonstrates the roles of diversification and operational resources in addressing GPR-induced challenges.</jats:p></jats:sec>
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | 3509 Transportation, Logistics and Supply Chains, 35 Commerce, Management, Tourism and Services, 3507 Strategy, Management and Organisational Behaviour |
| Divisions: | Faculty of Humanities and Social Sciences Faculty of Humanities and Social Sciences > School of Management |
| Depositing User: | Symplectic Admin |
| Date Deposited: | 22 Oct 2024 07:06 |
| Last Modified: | 27 May 2025 04:10 |
| DOI: | 10.1108/ijopm-03-2024-0248 |
| Related Websites: | |
| URI: | https://livrepository.liverpool.ac.uk/id/eprint/3185651 |
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