Singh, A. orcid.org/0000-0003-4865-0320, Bag, S., Choi, T.-M. et al. (1 more author) (2024) Managing risk concerns with ordered backlogs in the semiconductor industry: An empirical study. International Journal of Production Economics, 275. 109326. ISSN 0925-5273
Abstract
Today, the semiconductor industry is integral to the functionality of many critical goods and processes that are highly valued. The increasing demand across various semiconductor-related industries has correspondingly amplified the risks faced by firms within this sector. In this study, we empirically explore the potential of ordered backlogs as a means to mitigate the risks confronting semiconductor firms. Utilizing a dataset comprising publicly traded semiconductor firms in the USA, over a duration from 1998 to 2021, we quantitatively validate our hypotheses. Our findings reveal that a substantial volume of ordered backlogs is indeed correlated to a diminished level of firm risk. However, it is important to note that this risk-mitigating effect is lessened as the marketing and research intensities of these firms escalate. Moreover, we observe that the advantageous impact of ordered backlogs in risk reduction is more subdued in large workforce firms, whereas the presence of a sizable top management team aids in lessening the impact of ordered backlogs on risk. These managerial insights are invaluable in advancing both theoretical understanding and managerial practices within the realm of the semiconductor industry.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2024 Elsevier B.V. All rights are reserved, including those for text and data mining, AI training, and similar technologies. This is an author produced version of an article published in International Journal of Production Economics. Uploaded in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/. |
Keywords: | Ordered backlogs, Risk mitigation, Semiconductor firms, Firm-related factors, Empirical Studies |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Marketing Division (LUBS) |
Depositing User: | Symplectic Publications |
Date Deposited: | 02 Jul 2024 10:43 |
Last Modified: | 22 Jul 2024 14:00 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.ijpe.2024.109326 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:214253 |
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