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Article: The effects of business and political ties on firm performance: Evidence from China

TitleThe effects of business and political ties on firm performance: Evidence from China
Authors
KeywordsEmerging economy
Guanxi
Institutional environment
Institutional theory
Relational governance
Social ties
Issue Date2011
PublisherAmerican Marketing Association. The Journal's web site is located at http://www.marketingpower.com
Citation
Journal Of Marketing, 2011, v. 75 n. 1, p. 1-15 How to Cite?
AbstractDespite increasing attention to the role of social ties in emerging economies, few studies have explicitly distinguished the differential roles of business versus political ties. Drawing on relational governance and institutional theories, this study offers a contingent view of business and political ties in China. The findings from a survey of 241 Chinese firms indicate that business ties have a stronger positive effect on performance than political ties, and both effects depend on institutional and market environments. Business ties are more beneficial when legal enforcement is inefficient and technology is changing rapidly, whereas political ties lead to greater performance when general government support is weak and technological turbulence is low. These findings indicate that firms operating in China should be cautious in their use of business and political ties and adapt their tie utilization to changing institutional and market environments. © 2011, American Marketing Association.
Persistent Identifierhttp://hdl.handle.net/10722/137603
ISSN
2015 Impact Factor: 3.885
2015 SCImago Journal Rankings: 6.612
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorSheng, Sen_HK
dc.contributor.authorZhou, KZen_HK
dc.contributor.authorLi, JJen_HK
dc.date.accessioned2011-08-26T14:28:42Z-
dc.date.available2011-08-26T14:28:42Z-
dc.date.issued2011en_HK
dc.identifier.citationJournal Of Marketing, 2011, v. 75 n. 1, p. 1-15en_HK
dc.identifier.issn0022-2429en_HK
dc.identifier.urihttp://hdl.handle.net/10722/137603-
dc.description.abstractDespite increasing attention to the role of social ties in emerging economies, few studies have explicitly distinguished the differential roles of business versus political ties. Drawing on relational governance and institutional theories, this study offers a contingent view of business and political ties in China. The findings from a survey of 241 Chinese firms indicate that business ties have a stronger positive effect on performance than political ties, and both effects depend on institutional and market environments. Business ties are more beneficial when legal enforcement is inefficient and technology is changing rapidly, whereas political ties lead to greater performance when general government support is weak and technological turbulence is low. These findings indicate that firms operating in China should be cautious in their use of business and political ties and adapt their tie utilization to changing institutional and market environments. © 2011, American Marketing Association.en_HK
dc.languageengen_US
dc.publisherAmerican Marketing Association. The Journal's web site is located at http://www.marketingpower.comen_HK
dc.relation.ispartofJournal of Marketingen_HK
dc.subjectEmerging economyen_HK
dc.subjectGuanxien_HK
dc.subjectInstitutional environmenten_HK
dc.subjectInstitutional theoryen_HK
dc.subjectRelational governanceen_HK
dc.subjectSocial tiesen_HK
dc.titleThe effects of business and political ties on firm performance: Evidence from Chinaen_HK
dc.typeArticleen_HK
dc.identifier.emailZhou, KZ: kevinz@hkucc.hku.hken_HK
dc.identifier.authorityZhou, KZ=rp01127en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1509/jmkg.75.1.1en_HK
dc.identifier.scopuseid_2-s2.0-79952346399en_HK
dc.identifier.hkuros191974en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-79952346399&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume75en_HK
dc.identifier.issue1en_HK
dc.identifier.spage1en_HK
dc.identifier.epage15en_HK
dc.identifier.eissn1547-7185-
dc.identifier.isiWOS:000286364500001-
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridSheng, S=12784042500en_HK
dc.identifier.scopusauthoridZhou, KZ=7202914654en_HK
dc.identifier.scopusauthoridLi, JJ=9434943800en_HK

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