Managing Financially Distressed Suppliers: An Exploratory Study
研究了采购企业如何识别和应对供应商财务困境，通过14家全球制造企业的访谈数据，归纳出几种风险管理模式并提出相关命题。
The early anticipation and proactive management of financially distressed suppliers have become crucial for buying firms to protect themselves against supplier default risk. To this end, firms need to be able to read the early warning signals from suppliers that are running into financial distress, to take appropriate remedial actions, and to gather such experiences in repositories of organizational knowledge for future actions. The objective of this study is to explore how and why firms differ in these behaviors and capabilities. We use the organizational information‐processing perspective as a guiding theoretical framework and analyze qualitative data obtained from interviews conducted with 14 global case study manufacturing firms. By comparing these firms', behaviors in terms of scanning and interpreting warning signals, reacting to distressed or defaulting suppliers, and learning from such experiences, we are able to isolate several risk management archetypes and develop four sets of propositions that describe the occurrence of these archetypes.