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Table 11 2018–19 suppliers’ changes distribution

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

  1. *The undisclosed supplier means that they have the figures for top 5, but the name is like "Supplier A", "Supplier B", "Supplier C", etc. As such, in those cases, one cannot compare whether it has changed