Rethinking Business Performance in Global Value Chains

Mouzas, Stefanos and Bauer, Florian (2022) Rethinking Business Performance in Global Value Chains. Journal of Business Research, 144. pp. 679-689. ISSN 0148-2963

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Abstract

This paper develops a theoretical foundation for rethinking business performance in global value chains amid the Covid-19 fallout. Specifically, we synthesize business performance into three potentially reinforcing but also conflicting performance systems: 1) operational efficiency, 2) market effectiveness and 3) financial resilience to examine their effect on a) profitability, b) growth and c) solvency. While some specific measures of business performance will suffice in times of stability and growth, they could make firms operating in global value chains vulnerable in times of adversity. Our comprehensive theoretical framework contributes to our understanding of the dynamic interplay of conflicting performance systems. We discuss implications for assessing business performance and provide directions for further research.

Item Type:

Journal Article

Journal or Publication Title:

Journal of Business Research

Additional Information:

This is the author’s version of a work that was accepted for publication in Journal of Business Research. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Journal of Business Research, 144, 2022 DOI: 10.1016/j.jbusres.2022.02.012

Uncontrolled Keywords:

/dk/atira/pure/subjectarea/asjc/1400/1406

Subjects:

?? global value chainsperformancecovid-19resiliencemarketing ??

Departments:

Lancaster University Management School > Marketing

ID Code:

166708

Deposited By:

ep_importer_pure

Deposited On:

28 Feb 2022 13:40

Refereed?:

Yes

Published?:

Published

Last Modified:

18 Sep 2024 01:02

URI:

https://eprints.lancs.ac.uk/id/eprint/166708