共同控制情形下后向持股供应链运营决策研究  

Research on operating decisions in a supply chain with backward shareholding under joint control

作　　者：付红 杨逸璇 王军[1] 马永开[3] FU Hong;YANG Yixuan;WANG Jun;MA Yongkai(School of Management,Hefei University of Technology,Hefei 230009,China;MOE Key Laboratory of Process Optimization and Intelligent Decision-Making,Hefei 230009,China;School of Management and Economics,University of Electronic Science and Technology of China,Chengdu 611731,China)

机构地区：[1]合肥工业大学管理学院,合肥230009 [2]过程优化与智能决策教育部重点实验室,合肥230009 [3]电子科技大学经济与管理学院,成都611731

出　　处：《系统工程理论与实践》2023年第1期135-150,共16页Systems Engineering-Theory & Practice

基　　金：安徽省自然科学基金(2208085MG179);中央高校基本科研业务费专项资金(JZ2021HGTB0070);国家自然科学基金(72002094,72071065)。

摘　　要：考虑一个上游企业和一个下游企业构成的供应链,其中上下游企业间存在后向持股关系,即下游企业拥有上游企业的股份.上游企业由下游企业等多个股东共同拥有,各股东都享有上游企业的分红权和控制权.在共同控制情形下,各股东都有权参与上游企业的决策,通过对他们不同利益诉求的平衡,构建上游企业的决策目标.论文分别在上游主导型供应链和下游主导型供应链中,研究了企业的价格等运营决策,探讨了下游企业持有的上游企业股份对供应链运营的影响.研究发现:在上游主导型供应链中,当且仅当下游企业持有的股份比例达到50%时,上游企业以成本价供应产品,供应链实现协调;在下游主导型供应链中,即便下游企业持有的股份比例没有达到50%,上游企业也可能以成本价供应产品,但是只有当下游企业持有的股份比例达到50%时,供应链才能实现协调.This paper considers a supply chain consisting of one upstream firm(UF) and one downstream firm(DF), which are linked by backward shareholding, in the sense that the DF owns equity shares in the UF. The UF is jointly owned by the DF and other shareholders, and each shareholder has both the control right and the dividend right of the UF. In the setting of joint control, all shareholders have rights to participate in the decision-making of the UF, and establish the decision-making objective for the UF by balancing their different interests. The paper explores the impacts of equity shares held by the DF in the UF, on the supply chain operations, by investigating operating decisions(e.g., pricing decision) of the two firms in the upstream Stackelberg supply chain and the downstream Stackelberg supply chain, respectively.The results show that: In the upstream Stackelberg supply chain, the UF provides the product at the price of the cost, and the supply chain achieves coordination, if and only if the percentage of equity shares held by the DF reaches 50%;in the downstream Stackelberg supply chain, the UF may provide the product at the price of the cost even if the percentage of equity shares held by the DF is lower than 50%, and the supply chain achieves coordination only if the percentage of equity shares held by the DF reaches 50%.

关 键 词：供应链管理 运营决策 后向持股 控制权 分红权 

分 类 号：F273[经济管理—企业管理]