Managerial ability and supply chain power

IF 2.9 3区 管理学 Q2 BUSINESS, FINANCE Journal of Contemporary Accounting & Economics Pub Date : 2024-03-04 DOI:10.1016/j.jcae.2024.100414
G M Wali Ullah , Jane Luo , Alfred Yawson
{"title":"Managerial ability and supply chain power","authors":"G M Wali Ullah ,&nbsp;Jane Luo ,&nbsp;Alfred Yawson","doi":"10.1016/j.jcae.2024.100414","DOIUrl":null,"url":null,"abstract":"<div><p>This paper investigates how major customer firms, managed by highly capable managers, can gain bargaining power over their suppliers. Our results document a positive association between managerial ability and the supply chain power a major customer firm holds over its suppliers. The results are robust to endogeneity concerns, tested through two-stage least squares (2SLS) regressions and difference-in-differences estimates surrounding forced CEO turnovers. We find the positive association to be stronger for durable goods manufacturers and higher ability managers engaged in socially responsible activities and corporate innovation. We provide evidence that higher-ability managers use their enhanced bargaining power to secure greater supplier trade credit.</p></div>","PeriodicalId":46693,"journal":{"name":"Journal of Contemporary Accounting & Economics","volume":null,"pages":null},"PeriodicalIF":2.9000,"publicationDate":"2024-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1815566924000146/pdfft?md5=c9f7080b008d6e592dac14fbe3c67db6&pid=1-s2.0-S1815566924000146-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Contemporary Accounting & Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1815566924000146","RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0

Abstract

This paper investigates how major customer firms, managed by highly capable managers, can gain bargaining power over their suppliers. Our results document a positive association between managerial ability and the supply chain power a major customer firm holds over its suppliers. The results are robust to endogeneity concerns, tested through two-stage least squares (2SLS) regressions and difference-in-differences estimates surrounding forced CEO turnovers. We find the positive association to be stronger for durable goods manufacturers and higher ability managers engaged in socially responsible activities and corporate innovation. We provide evidence that higher-ability managers use their enhanced bargaining power to secure greater supplier trade credit.

查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
管理能力和供应链力量
本文研究了由高能力经理人管理的大客户企业如何获得对其供应商的议价权。我们的研究结果表明,管理能力与大客户企业对其供应商所拥有的供应链权力之间存在正相关关系。通过两阶段最小二乘法(2SLS)回归和围绕首席执行官被迫离职的差分估计,这些结果对内生性问题具有稳健性。我们发现,耐用品制造商与从事社会责任活动和企业创新的高能力经理人之间的正相关性更强。我们提供的证据表明,能力较强的经理人会利用其更强的议价能力来获得更多的供应商贸易信贷。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
CiteScore
6.00
自引率
3.00%
发文量
24
期刊最新文献
Expanded auditor’s reports and voluntary disclosure Long-term tax strategy and corporate acquisition payment structure: An analysis based on the book-tax tradeoff theory Dividend signalling and investor protection: An international comparison MD&A tone and stock returns The bright side of staggered boards: Evidence from labor investment efficiency
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1