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Private rules in global networks: hedging against risks

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSNConference contribution/Paperpeer-review

Published

Standard

Private rules in global networks : hedging against risks. / Rindt, Jekaterina; Mouzas, Stefanos.

29th Industrial Marketing and Purchasing Group Conference, Atlanta, USA. Industrial Marketing and Purchasing Group, 2013. p. 1-31.

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSNConference contribution/Paperpeer-review

Harvard

Rindt, J & Mouzas, S 2013, Private rules in global networks: hedging against risks. in 29th Industrial Marketing and Purchasing Group Conference, Atlanta, USA. Industrial Marketing and Purchasing Group, pp. 1-31, 29th Industrial Marketing and Purchasing Group Conference, Atlanta, United States, 30/08/13. <http://www.impgroup.org/uploads/papers/8028.pdf>

APA

Rindt, J., & Mouzas, S. (2013). Private rules in global networks: hedging against risks. In 29th Industrial Marketing and Purchasing Group Conference, Atlanta, USA (pp. 1-31). Industrial Marketing and Purchasing Group. http://www.impgroup.org/uploads/papers/8028.pdf

Vancouver

Rindt J, Mouzas S. Private rules in global networks: hedging against risks. In 29th Industrial Marketing and Purchasing Group Conference, Atlanta, USA. Industrial Marketing and Purchasing Group. 2013. p. 1-31

Author

Rindt, Jekaterina ; Mouzas, Stefanos. / Private rules in global networks : hedging against risks. 29th Industrial Marketing and Purchasing Group Conference, Atlanta, USA. Industrial Marketing and Purchasing Group, 2013. pp. 1-31

Bibtex

@inproceedings{b96583bb4a4b472f89e51ee383d06b68,
title = "Private rules in global networks: hedging against risks",
abstract = "The objective of this paper is to examine how companies hedge against risk in global business networks. Risk is defined as the probability of an event occurring multiplied by its business impact. Recent events, such as the horse meat scandal have propelled network risks to the top of the business agenda. Companies operating in highly-competitive environments, such as in the grocery retail business, are finally held accountable for most disruptions that happen anywhere in the network, and hence companies need to interact not only with their direct business partners, but also with companies that operate at the other {\textquoteleft}end{\textquoteright} of a network or operate in even more remote business networks.Drawing on an empirical investigation of how German companies operating in food retail use {\textquoteleft}private rules{\textquoteright} to hedge against risks, we identify a pattern of practices that aim at minimizing risks inherent in business networks. The paper proposes a process-model of risk hedging practices in global networks that improves our understanding of how companies hedge against risks.",
keywords = "Risk, Business Networks, Quasi-integration, Private Rules ",
author = "Jekaterina Rindt and Stefanos Mouzas",
year = "2013",
month = sep,
day = "2",
language = "English",
pages = "1--31",
booktitle = "29th Industrial Marketing and Purchasing Group Conference, Atlanta, USA",
publisher = "Industrial Marketing and Purchasing Group",
note = "29th Industrial Marketing and Purchasing Group Conference ; Conference date: 30-08-2013 Through 02-09-2013",

}

RIS

TY - GEN

T1 - Private rules in global networks

T2 - 29th Industrial Marketing and Purchasing Group Conference

AU - Rindt, Jekaterina

AU - Mouzas, Stefanos

PY - 2013/9/2

Y1 - 2013/9/2

N2 - The objective of this paper is to examine how companies hedge against risk in global business networks. Risk is defined as the probability of an event occurring multiplied by its business impact. Recent events, such as the horse meat scandal have propelled network risks to the top of the business agenda. Companies operating in highly-competitive environments, such as in the grocery retail business, are finally held accountable for most disruptions that happen anywhere in the network, and hence companies need to interact not only with their direct business partners, but also with companies that operate at the other ‘end’ of a network or operate in even more remote business networks.Drawing on an empirical investigation of how German companies operating in food retail use ‘private rules’ to hedge against risks, we identify a pattern of practices that aim at minimizing risks inherent in business networks. The paper proposes a process-model of risk hedging practices in global networks that improves our understanding of how companies hedge against risks.

AB - The objective of this paper is to examine how companies hedge against risk in global business networks. Risk is defined as the probability of an event occurring multiplied by its business impact. Recent events, such as the horse meat scandal have propelled network risks to the top of the business agenda. Companies operating in highly-competitive environments, such as in the grocery retail business, are finally held accountable for most disruptions that happen anywhere in the network, and hence companies need to interact not only with their direct business partners, but also with companies that operate at the other ‘end’ of a network or operate in even more remote business networks.Drawing on an empirical investigation of how German companies operating in food retail use ‘private rules’ to hedge against risks, we identify a pattern of practices that aim at minimizing risks inherent in business networks. The paper proposes a process-model of risk hedging practices in global networks that improves our understanding of how companies hedge against risks.

KW - Risk, Business Networks, Quasi-integration, Private Rules

M3 - Conference contribution/Paper

SP - 1

EP - 31

BT - 29th Industrial Marketing and Purchasing Group Conference, Atlanta, USA

PB - Industrial Marketing and Purchasing Group

Y2 - 30 August 2013 through 2 September 2013

ER -