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Conference Paper: The crowding-out effects of political ties on market capabilities: evidence from China
| Title | The crowding-out effects of political ties on market capabilities: evidence from China |
|---|---|
| Authors | |
| Issue Date | 2016 |
| Citation | The 76th Annual Meeting of the Academy of Management (AOM 2016), Anaheim, CA., 5-9 August 2016. How to Cite? |
| Abstract | Whereas the benefits of political ties are well recognized, we argue that political ties may hurt firm performance during normal times by crowding-out market capabilities in two ways. First, political ties impede market capability building due to resource limitation and path dependency. Second, political ties hurt the efficiency of market capability utilization because of dysfunctional organizational behavior and government interference. Results based on publicly listed private firms in China from 2006 to 2015 provide strong support to our propositions and mechanisms. Our research contributes to the political ties literature by identifying new mechanisms of their dark side during normal times and extends resource dependence theory by delineating the overlooked incompatibility between the cooptation strategy and firms’ market capabilities. |
| Persistent Identifier | http://hdl.handle.net/10722/230194 |
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Wang, D | - |
| dc.contributor.author | Du, F | - |
| dc.contributor.author | Zhou, KZ | - |
| dc.date.accessioned | 2016-08-23T14:15:39Z | - |
| dc.date.available | 2016-08-23T14:15:39Z | - |
| dc.date.issued | 2016 | - |
| dc.identifier.citation | The 76th Annual Meeting of the Academy of Management (AOM 2016), Anaheim, CA., 5-9 August 2016. | - |
| dc.identifier.uri | http://hdl.handle.net/10722/230194 | - |
| dc.description.abstract | Whereas the benefits of political ties are well recognized, we argue that political ties may hurt firm performance during normal times by crowding-out market capabilities in two ways. First, political ties impede market capability building due to resource limitation and path dependency. Second, political ties hurt the efficiency of market capability utilization because of dysfunctional organizational behavior and government interference. Results based on publicly listed private firms in China from 2006 to 2015 provide strong support to our propositions and mechanisms. Our research contributes to the political ties literature by identifying new mechanisms of their dark side during normal times and extends resource dependence theory by delineating the overlooked incompatibility between the cooptation strategy and firms’ market capabilities. | - |
| dc.language | eng | - |
| dc.relation.ispartof | Annual Meeting of the Academy of Management, AOM 2016 | - |
| dc.title | The crowding-out effects of political ties on market capabilities: evidence from China | - |
| dc.type | Conference_Paper | - |
| dc.identifier.email | Wang, D: danqingw@hku.hk | - |
| dc.identifier.email | Du, F: feidu@hku.hk | - |
| dc.identifier.email | Zhou, KZ: kevinzhou@business.hku.hk | - |
| dc.identifier.authority | Wang, D=rp01912 | - |
| dc.identifier.authority | Du, F=rp01508 | - |
| dc.identifier.authority | Zhou, KZ=rp01127 | - |
| dc.identifier.hkuros | 261136 | - |