The Relationship Between Vertical Integration and Risk. A Statistical Analysis of Changes in Vertical Integration within Industries Affected by the Global Semiconductor Shortage
Succeeding a brief discussion of what vertical integration (VI) is, its interaction with risk and uncertainty, and the context of this study, namely the COVID-19 pandemic and its simultaneous semiconductor shortages, the purpose of this paper is outlined to fill a research gap regarding an empirically supported relationship between vertical integration and systemic risk. The aim and contribution h