, political connections and resource acquisition in Chinese publicly listed private sector firms

Han Yu, Abraham Y. Nahm and Zengji Song

Asia Pacific Business Review, 2017, vol. 23, issue 3, 336-353

Abstract: In this study, we examined the role of guanxi as entrepreneurs’ resource-obtaining mechanism in private sector firms, using a data-set of 184 publicly listed firms in China. We found that guanxi indeed played a positive role that helped private sector firms gain easier access to resources. We also found that guanxi exerted even a greater positive effect on private sector firms’ resource obtaining compared to entrepreneurs’ political participation, due to being the lifeblood of business conduct and social interaction in Chinese culture.

Date: 2017
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Citations: View citations in EconPapers (6)

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DOI: 10.1080/13602381.2016.1161889

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