Risk-related information sharing, supply chain risk, and firm performan

Supply chain risk management (SCRM) has received increasing attention. However, our knowledge of how to manage supply chain risk is still limited. Although many scholars appeal that supply chains (SCs) should be cooperatively managed and information sharing should be used to reduce risks and invisibility in SCs. To the best of our knowledge, little empirical research exists concerning information sharing and supply chain risk. Specifically, based on an empirically study of 308 samples of Chinese manufacturers, we try to answer three questions: Does risk-related information sharing reduce supply chain risk? Does risk-related information sharing increase firm performance - operational performance, customer satisfaction, and financial performance? Does supply chain risk mediate the impact of riskrelated information sharing on firm performance? Structural equation modeling (SEM) is used to test the hypotheses. The results indicate that supply chain risk, operational performance, and customer satisfaction all benefit from riskrelated information sharing. Supply chain risk negatively relates to operational performance and customer satisfaction. Financial performance is positively related with operational performance and customer satisfaction, but there is no relationship between supply chain risk and financial performance.