Singh, Ashutosh, Bag, Surajit, Choi, Tsan-Ming and Munjal, Surender (2024). Managing Risk Concerns with Ordered Backlogs in the Semiconductor Industry: An Empirical Study. International Journal of Production Economics, 275 ,
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.
Publication DOI: | https://doi.org/10.1016/j.ijpe.2024.109326 |
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Divisions: | College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship College of Business and Social Sciences |
Additional Information: | Copyright © 2024 Elsevier B.V. This accepted manuscript version is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License [https://creativecommons.org/licenses/by-nc-nd/4.0/]. |
Uncontrolled Keywords: | Empirical Studies,Firm-related factors,Ordered backlogs,Risk mitigation,Semiconductor firms,Economics and Econometrics,General Business,Management and Accounting,Industrial and Manufacturing Engineering,Management Science and Operations Research |
Publication ISSN: | 0925-5273 |
Last Modified: | 14 Aug 2024 14:16 |
Date Deposited: | 14 Aug 2024 10:53 |
Full Text Link: | |
Related URLs: |
https://www.sci ... 92552732400183X
(Publisher URL) http://www.scop ... tnerID=8YFLogxK (Scopus URL) |
PURE Output Type: | Article |
Published Date: | 2024-09 |
Published Online Date: | 2024-07-02 |
Accepted Date: | 2024-06-29 |
Authors: |
Singh, Ashutosh
Bag, Surajit Choi, Tsan-Ming Munjal, Surender ( ![]() |
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Version: Accepted Version
Access Restriction: Restricted to Repository staff only until 2 January 2026.
License: Creative Commons Attribution Non-commercial No Derivatives