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Corporate governance failure and contingent political resources in transition economies: A longitudinal case study
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Sun, Pei, Mellahi, Kamel and Liu, Guy S. (2011) Corporate governance failure and contingent political resources in transition economies: A longitudinal case study. Asia Pacific Journal of Management, Vol.28 (No.4). pp. 853-879. doi:10.1007/s10490-009-9184-x ISSN 0217-4561.
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Official URL: http://dx.doi.org/10.1007/s10490-009-9184-x
Abstract
This paper explores the dynamic relationship between politicians and entrepreneurs in the governance of business organizations in transition China. A longitudinal case study of Kelon (1984–2001), a product of politician-entrepreneur alliance in China’s household appliance sector, reveals how certain political resources that once assisted the entrepreneurs in creating competitive advantages in transition economies may turn into political liabilities during the course of institutional transition. Drawing upon the resource-based view (RBV) of the firm, the rent appropriation literature, and the agency theory, this paper sheds light on the contingent impacts of political resources on corporate governance and firm performance in transition economies.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Warwick Business School > Marketing & Strategic Management Faculty of Social Sciences > Warwick Business School |
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Journal or Publication Title: | Asia Pacific Journal of Management | ||||
Publisher: | Springer New York LLC | ||||
ISSN: | 0217-4561 | ||||
Official Date: | 2011 | ||||
Dates: |
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Volume: | Vol.28 | ||||
Number: | No.4 | ||||
Number of Pages: | 27 | ||||
Page Range: | pp. 853-879 | ||||
DOI: | 10.1007/s10490-009-9184-x | ||||
Status: | Not Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access |
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