Supply chain resilience to climate change inflicted extreme events in agri-food industry: The role of social capital and network complexity
Imran Ali,
Ahmad Arslan,
Shlomo Tarba and
Tuija Mainela
International Journal of Production Economics, 2023, vol. 264, issue C
Abstract:
In light of climate change inflicted extreme events—such as floods, fires, droughts, storms, and hurricanes, along with the consequent widespread business disruptions—supply chain resilience (SCR) has emerged as a critical tool to sustain business performance. However, little in-depth theoretical and empirical research has been conducted in relation to the link between exposure to climate change and SCR and the underlying mechanisms and boundary conditions that explicate this relationship. Using time-lagged data drawn from 260 firms in the Australian food supply chains, we examined how exposure to climate change influences SCR in the face of extreme events, and whether intra- and inter-firm social capital and network complexity affect this relationship. Our analysis revealed that exposure to climate change events has a direct positive—albeit not statistically significant—influence on SCR to extreme events. Nevertheless, we found that exposure to climate change significantly and positively influences SCR to extreme events through the mediation of intra- and inter-firm social capital. Additionally, we uncovered that network complexity does not influence the effect of intra-firm social capital on SCR to extreme events, whereas it does negatively influence that of inter-firm social capital. The reliability and validity of our results were confirmed by means of robustness tests. Our study, which has several theoretical and practical implications, makes specific contributions to the United Nations Development Goals.
Keywords: Climate change; Extreme events; Supply chain resilience; Social capital (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0925527323002001
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:264:y:2023:i:c:s0925527323002001
DOI: 10.1016/j.ijpe.2023.108968
Access Statistics for this article
International Journal of Production Economics is currently edited by Stefan Minner
More articles in International Journal of Production Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu (repec@elsevier.com).