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"We argue that a firm's aggregate risk is a key determinant of whether it manages its future liquidity needs through cash reserves or bank lines of credit. Banks create liquidity for firms by pooling their idiosyncratic risks. As a result, firms with high aggregate risk find it costly to get...
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Success in human resource management (HRM) depends on the question of whether applied practices of HRM meet specific contingency factors and are appropriately configured. Using this argument, the present article examines HRM in professional service firms (PSFs) in pursuit of three objectives....
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finance. It explains how the operations-finance interface jointly optimizes material and financial flows under intricate risk … management (SCRM), integrated risk management (IRM), supply chain finance (SCF), and financial management of supply chain … empirical research - are used to assess the value creation by integrating operations and finance. “This book provides a …
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-- Methodical procedure according to a problem-centered approach -- Development of a supply chain finance model in consideration of … improving the flow of information, finance and goods. Improving these flows requires strategic investments relevant to the … COVID-19 crisis has made banks more risk averse, making it more expensive for supply chain members to finance risky …
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