The financial defaults of suppliers in a supplier network are significant risks and causes of uncertainty for buying firms. Hitherto, it has been largely neglected that default probabilities of suppliers in supplier networks are not independent of each other. We aim to overcome this shortcoming...

Purpose: Major crises such as the global financial crisis 2007–08 or the COVID-19 crisis increase the level and likelihood of supplier financial distress. This research expands the understanding of how cooperatively, respectively, uncooperatively buying firms might respond to suppliers who...

type="main" xml:id="jscm12036-abs-0001" <p>The early anticipation and proactive management of financially distressed suppliers have become crucial for buying firms to protect themselves against supplier default risk. To this end, firms need to be able to read the early warning signals from...</p>