A meta-analytical review of antecedents and outcomes of firm resilience

Iftikhar, Anas, Purvis, Laura ORCID: https://orcid.org/0000-0002-1425-5894 and Giannoccaroc, Ilaria 2021. A meta-analytical review of antecedents and outcomes of firm resilience. Journal of Business Research 135 , pp. 408-425. 10.1016/j.jbusres.2021.06.048

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Abstract

Despite the existence of a large body of literature on the topic of supply chain (SC) resilience, comprehensive empirical reviews of the antecedents and outcomes of resilience are limited. The purpose of this study is to develop a theoretical framework and carry out a meta-analysis of extant empirical studies to investigate the relationship between resilience, its antecedents and firm performance. The impact of three clusters of SC capabilities (organisational capability, SC flexibility, SC integration) on firm resilience (proactive, reactive or dynamic) is examined, and that of the impact of firm resilience on performance. We find that the overall impact of resilience on firm performance is strongly significant. However, in terms of financial performance, the correlation magnitude shows a weaker to moderate effect. In addition, for non-financial performance, the resilience impact is stronger. Furthermore, the analysis helps clarify some of the existing inconsistencies in the literature regarding the relationship between SC capabilities, firm resilience and performance by highlighting the moderating role played by resilience operationalisation, industry affiliation and national culture. The study contributes to theory on resilience and assists practitioners in developing resilient strategies for organisations and SCs.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Publisher:	Elsevier
ISSN:	0148-2963
Date of First Compliant Deposit:	28 June 2021
Date of Acceptance:	21 June 2021
Last Modified:	21 Nov 2024 05:30
URI:	https://orca.cardiff.ac.uk/id/eprint/142139

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