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Impact of risk culture on supplier selection decisions in family firms
Journal of Strategy and Management Pub Date : 2023-05-11 , DOI: 10.1108/jsma-11-2022-0211
Alexander F.J. Hasenau , Andreas Dutzi

Purpose

Sourcing decisions are one of the most crucial strategic decisions in companies and often confronted with inherent unexpected uncertainties and risks. This study aims to investigate the impact of ownership involvement on purchasing (PUR) supplier selection activities, including risk consideration in family firms (FFs).

Design/methodology/approach

The investigation is based on a structured literature review (SLR) of 83 studies to identify FF-specific supplier sourcing characteristics. To verify these propositions, the authors conducted a second SLR of non-FF behaviour research (179 papers) to generate a non-FF reference base for the respective behavioural characteristics. Following this analysis, the authors conducted 16 qualitative and explorative-oriented expert interviews (EIs).

Findings

Based on reviews, the authors deduce that PUR activities of family and non-FFs are different regarding the PUR decision processes and PUR risk behaviour, and that suppliers' selection criteria like sustainability, partnership and long-term orientation are prioritised in FFs. Additionally, several trends of family and non-FF behaviour approximation were identified. Besides these findings, it might be expected that the differentiating characteristics of family and non-FFs vary based on their region or industry sector. The EIs indicated that “the depth of added values” should be considered as a further potential differentiating influence factor.

Originality/value

The analysis encourages to execute further quantitative studies on FF sourcing activities and requests managers to strengthen the position of the PUR departments in FFs.



中文翻译:

风险文化对家族企业供应商选择决策的影响

目的

采购决策是公司最重要的战略决策之一,经常面临固有的意外不确定性和风险。本研究旨在调查所有权参与对采购 (PUR) 供应商选择活动的影响,包括家族企业 (FF) 的风险考虑。

设计/方法论/途径

该调查基于对 83 项研究的结构化文献综述 (SLR),以确定 FF 特定的供应商采购特征。为了验证这些命题,作者进行了第二次非 FF 行为研究 SLR(179 篇论文),为各自的行为特征生成非 FF 参考库。根据这一分析,作者进行了 16 次定性和探索性专家访谈 (EI)。

发现

根据评论,作者推断家庭和非 FF 的 PUR 活动在 PUR 决策过程和 PUR 风险行为方面是不同的,并且 FF 优先考虑可持续性、合作伙伴关系和长期定位等供应商选择标准。此外,还确定了家庭和非 FF 行为近似的几种趋势。除了这些发现之外,家庭和非家庭成员的差异化特征可能会因其地区或行业而异。EI表明,“附加值的深度”应被视为进一步的潜在差异化影响因素。

原创性/价值

该分析鼓励对 FF 采购活动进行进一步的定量研究,并要求管理者加强 PUR 部门在 FF 中的地位。

更新日期:2023-05-11
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