How to deal with customer and supplier concentration to attain sustainable financial growth? The role of business strategy

For effective supply chain management, firms should focus on the relationship with their immediate stakeholders in chain, namely, suppliers (upstream) and customers (downstream). This study investigates impact of customer supplier concentration as well business strategy sustainable financial growth, using data 2021 Chinese non-financial listed from 2006 to 2020. Additionally, it explores moderating effect between growth. We find that higher weakens bargaining power firms, which reduces However, an appropriate can help such achieve aggressive moderates negative concentration, while a defensive Finally, our results for direct hold state-owned non-state-owned firms. we differences regarding Our are robust time industry fixed effects, alternate proxies growth regression techniques.