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Erschienen in: Asia Pacific Journal of Management 3/2012

01.09.2012

Political connections and corporate diversification in emerging economies: Evidence from China

verfasst von: Weiwen Li, Ai He, Hailin Lan, Daphne Yiu

Erschienen in: Asia Pacific Journal of Management | Ausgabe 3/2012

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Abstract

Drawing upon the resource-based view, this study examines how political connections affect corporate diversification in an emerging economy. Data from a sample of 1,280 Chinese public firms over 2002–2005 show a strong positive relationship between political connections and corporate diversification. We also find that the positive relationship between political connections and corporate diversification is moderated by the level of state ownership in firms and the level of regional institutional development. Theoretical and managerial implications are discussed.

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Metadaten
Titel
Political connections and corporate diversification in emerging economies: Evidence from China
verfasst von
Weiwen Li
Ai He
Hailin Lan
Daphne Yiu
Publikationsdatum
01.09.2012
Verlag
Springer US
Erschienen in
Asia Pacific Journal of Management / Ausgabe 3/2012
Print ISSN: 0217-4561
Elektronische ISSN: 1572-9958
DOI
https://doi.org/10.1007/s10490-011-9265-5

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