Inter‐Firm Linkages and Profitability in the Automobile Industry: The Implications for Supply Chain Management
研究了汽车零部件供应商与整车制造商之间的企业间联系程度，发现市盈率高度相关，需求不确定性是供应商的主要风险，对需求管理和利润最大化策略有参考价值。
SUMMARY The current studies on supply chain management are limited in their analysis of the linkages between firms in related industries. This study estimates the degree of linkages between automotive parts suppliers and automobile manufacturers. Significant linkages are demonstrated by the high correlation coefficients of the P/E ratio of auto parts suppliers and auto manufacturers and by the results of regression analysis. Demand uncertainty in the automobile manufacturing industry, resulting from business cycles and unexpected labor disputes, is one of the major risks facing auto parts suppliers. Risk assessment, utilizing information on linkages, is important for demand management and developing profit‐maximizing strategies.