A System Justification Theory of Entrepreneurial Attitudinal Change During a Crisis

Kun Liu, Kun Fu, Jing Yu Yang and Ahmad Al Asady

Entrepreneurship Theory and Practice, 2023, vol. 47, issue 3, 893-923

Abstract: Entrepreneurship resilience during a crisis is an important research area. However, prior research has not examined cognitive antecedents of entrepreneurial resilience. Using the 2014 oil price crisis in the Middle East as a natural experiment, we draw on system justification theory to understand why and how entrepreneurs differ in the extent of their attitudinal changes toward corruption. We find foreign entrepreneurs substantially increased their willingness to engage in corruption whereas local entrepreneurs did not. Among foreign entrepreneurs, corruption willingness increases more among those from countries where corruption is not the norm, than those from more corrupt home countries.

Keywords: crisis; foreign; entrepreneurs; system justification theory; liability of foreignness; middle east (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:47:y:2023:i:3:p:893-923

DOI: 10.1177/10422587211058363

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