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Is Entrepreneur-Politician Alliance Sustainable During Transition? The Case of Management Buyouts in China
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Sun, Pei, Wright, Mike and Mellahi, Kamel (2010) Is Entrepreneur-Politician Alliance Sustainable During Transition? The Case of Management Buyouts in China. Management and Organization Review, Vol.6 (No.1). pp. 101-121. doi:10.1111/j.1740-8784.2009.00157.x ISSN 1740-8776.
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Official URL: http://dx.doi.org/10.1111/j.1740-8784.2009.00157.x
Abstract
This article explores the dynamic interactions between entrepreneurs and politicians in transitional China through the lens of management buyouts. Specifically, we identify two contrasting outcomes of entrepreneur–politician alliances: privatization buyouts by entrepreneurs implying sustainable original alliances and failed management buyouts implying the collapse of the original alliances. Drawing on the rent appropriation literature, we treat Chinese management buyouts as bargaining, clarification, and redistribution of organizational rent between entrepreneurs and the government agencies represented by local politicians. We further develop a model of entrepreneur–politician bargaining that identifies the determinants of varying rent bargaining and management buyout outcomes.
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management | ||||
| 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: | Management and Organization Review | ||||
| Publisher: | Wiley-Blackwell Publishing Asia | ||||
| ISSN: | 1740-8776 | ||||
| Official Date: | 2010 | ||||
| Dates: |
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| Volume: | Vol.6 | ||||
| Number: | No.1 | ||||
| Number of Pages: | 21 | ||||
| Page Range: | pp. 101-121 | ||||
| DOI: | 10.1111/j.1740-8784.2009.00157.x | ||||
| Status: | Peer Reviewed | ||||
| Publication Status: | Published | ||||
| Access rights to Published version: | Restricted or Subscription Access |
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