From: Does supplier concentration matter to investors during the COVID-19 crisis: evidence from China?
No change | Changed 1 in top 5 | Changed 2 in top 5 | Changed 3 in top 5 | Changed 4 in top 5 | Changed 5 in top 5 | Sub-total |
---|---|---|---|---|---|---|
437 (40.20%) | 213 (19.60%) | 141 (12.97%) | 124 (11.41%) | 91 (8.37%) | 81 (7.45%) | 1087 (100%) |
Sample firms with top 5 suppliers transaction amount reported in 2019 but some top suppliers’ real names not disclosed in either 2018 or 2019 or both* | 1320 | |||||
2019 sample size before removing financial and utility firms | 2407 | |||||
2019 financial and utility firms removed | 105 | |||||
2019 sample size | 2302 |