Improving resilience has recently attracted enormous interest from academia and practitioners because of unavoidably increasing vulnerabilities in global supply chains. This paper examines the role of supply options in a two-tier supply chain network, consisting of one procurement agency and...

Using an event study approach, we find significant valuation effects in a sample of Chinese listed firms following the outbreak of Russia-Ukraine conflict. Regression analysis further reveals that the involvement of global supply chain plays an important role in the shock transmission....