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Article: The Contingent Effects of Political Strategies on Firm Performance: A Political Network Perspective

TitleThe Contingent Effects of Political Strategies on Firm Performance: A Political Network Perspective
Authors
Issue Date2018
PublisherWiley. The Journal's web site is located at http://www.interscience.wiley.com/jpages/0143-2095
Citation
Strategic Management Journal, 2018, v. 39, p. 2152-2177 How to Cite?
AbstractWe examine the performance impact of corporate political strategies by analyzing the relationships among firms and various government institutions. While a firm's political connections to a focal government with decision‐making authority enhance performance, connections to a rival government competing with the focal government harm performance, particularly when the rivalry is intense. Firms can neutralize the negative effect from this political rivalry by using direct or indirect connections to a constraining government with power over the focal government. We find support for our conjectures based on an analysis of interactions among Chinese steel firms and the central and provincial governments in acquisition decisions during the industry's consolidation period of 1999–2010.
Persistent Identifierhttp://hdl.handle.net/10722/261240

 

DC FieldValueLanguage
dc.contributor.authorYan, Z-
dc.contributor.authorChang, SJ-
dc.date.accessioned2018-09-14T08:54:51Z-
dc.date.available2018-09-14T08:54:51Z-
dc.date.issued2018-
dc.identifier.citationStrategic Management Journal, 2018, v. 39, p. 2152-2177-
dc.identifier.urihttp://hdl.handle.net/10722/261240-
dc.description.abstractWe examine the performance impact of corporate political strategies by analyzing the relationships among firms and various government institutions. While a firm's political connections to a focal government with decision‐making authority enhance performance, connections to a rival government competing with the focal government harm performance, particularly when the rivalry is intense. Firms can neutralize the negative effect from this political rivalry by using direct or indirect connections to a constraining government with power over the focal government. We find support for our conjectures based on an analysis of interactions among Chinese steel firms and the central and provincial governments in acquisition decisions during the industry's consolidation period of 1999–2010.-
dc.languageeng-
dc.publisherWiley. The Journal's web site is located at http://www.interscience.wiley.com/jpages/0143-2095-
dc.relation.ispartofStrategic Management Journal-
dc.rightsPreprint This is the pre-peer reviewed version of the following article: [FULL CITE], which has been published in final form at [Link to final article]. Authors are not required to remove preprints posted prior to acceptance of the submitted version. Postprint This is the accepted version of the following article: [full citation], which has been published in final form at [Link to final article]. -
dc.titleThe Contingent Effects of Political Strategies on Firm Performance: A Political Network Perspective-
dc.typeArticle-
dc.identifier.emailYan, Z: jackiezy@hku.hk-
dc.identifier.authorityYan, Z=rp02038-
dc.identifier.hkuros291708-
dc.identifier.volume39-
dc.identifier.spage2152-
dc.identifier.epage2177-

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