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. ISSN 0217-4561

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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
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
Journal or Publication Title:	Asia Pacific Journal of Management
Publisher:	Springer New York LLC
ISSN:	0217-4561
Date:	2011
Volume:	Vol.28
Number:	No.4
Number of Pages:	27
Page Range:	pp. 853-879
Identification Number:	10.1007/s10490-009-9184-x
Status:	Not Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access
URI:	http://wrap.warwick.ac.uk/id/eprint/43908

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