Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)

Vulnerability assessment of Chinese traditional manufacturing enterprises based on PSR model

Authors
Shuhan Cao1, *
1Wuhan University of Technology, Wuhan, China
*Corresponding author. Email: 1094415470@qq.com
Corresponding Author
Shuhan Cao
Available Online 5 May 2025.
DOI
10.2991/978-94-6463-702-1_73How to use a DOI?
Keywords
Traditional manufacturing enterprises; Vulnerability; PSR Model
Abstract

The more vulnerable an enterprise is, the more likely it is to face a development crisis. This paper, using the PSR framework, designs a “pressure-state-response” vulnerability assessment index system for traditional manufacturing enterprises and analyzes data from 2016 to 2023. Key findings include: (1) Supply chain operation management, particularly customer concentration and ac-counts receivable turnover, significantly influence enterprise vulnerability. (2) From 2016 to 2021, vulnerability declined, but rebounded from 2021 to 2023, reflecting the delayed and persistent impact of crises like the pandemic. (3) Regionally, enterprises in Heilongjiang, Jilin, and Qinghai are more vulnerable. Highlighting the need for targeted measures by governments and businesses to reduce vulnerability.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

Volume Title
Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
5 May 2025
ISBN
978-94-6463-702-1
ISSN
2352-5428
DOI
10.2991/978-94-6463-702-1_73How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Shuhan Cao
PY  - 2025
DA  - 2025/05/05
TI  - Vulnerability assessment of Chinese traditional manufacturing enterprises based on PSR model
BT  - Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
PB  - Atlantis Press
SP  - 712
EP  - 722
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-702-1_73
DO  - 10.2991/978-94-6463-702-1_73
ID  - Cao2025
ER  -