Operations-Finance Interface in Risk Management: Research Evolution and Opportunities

• 成果类型: Article
• 署名作者: Wang, Jiao; Zhao, Lima; Huchzermeier, Arnd
• 署名单位: University of Electronic Science & Technology of China; Massachusetts Institute of Technology (MIT); WHU - Otto Beisheim School of Management
• 刊物名称: PRODUCTION AND OPERATIONS MANAGEMENT
• ISSN/ISSBN: 1059-1478
• DOI: 10.1111/poms.13269
• 发表日期: 2021
• 页码: 355-389
• 关键词: supply chain finance; international plant location; Trade credit; Real options; renewable energy; empirical-analysis; capital structure; Bankruptcy costs; long-term; vs. bank

摘要

The operations-finance interface (OFI) jointly optimizes material, monetary, and information flows under intricate sources of uncertainty. To sketch the broad landscape in this emerging and interdisciplinary field, this study synthesizes literature across diverse themes and dispersed methodologies, screens systematically the research progression from original foundations to recent contributions in each major research stream, and thereby advocates future research innovations on prospective topics in light of the interconnections and potential reciprocity between operations and finance from risk management aspects.