The Contingent Value of Entrepreneurs’ Political Capital: Evidence from China

Q3 Business, Management and Accounting
Juan Ling, Lei Xu, Weiqi Zhang
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引用次数: 2

Abstract

ABSTRACT Who benefit from a transitioning economy, entrepreneurs who are politically connected or disconnected? Market transition theory and power conversion theory offer two divergent answers. Our study seeks to contribute to this debate by examining the contingent value of entrepreneurs’ political capital. We draw from social network theories and investigate whether and how entrepreneurs’ social networks influence the relationship between their political capital and social mobility. Using the data on Chinese entrepreneurs, we find that the impact of political capital on entrepreneurs’ social mobility is contingent on their network centrality. Practical implications and suggestions for future research are also discussed.
企业家政治资本的或有价值:来自中国的证据
摘要:谁能从经济转型中受益,哪些企业家在政治上有联系或脱节?市场转型理论和权力转换理论提供了两个不同的答案。我们的研究试图通过考察企业家政治资本的或有价值来为这场辩论做出贡献。我们借鉴社会网络理论,研究企业家的社会网络是否以及如何影响他们的政治资本与社会流动性之间的关系。利用中国企业家的数据,我们发现政治资本对企业家社会流动性的影响取决于他们的网络中心性。还讨论了对未来研究的实际意义和建议。
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来源期刊
Journal of Asia-Pacific Business
Journal of Asia-Pacific Business Business, Management and Accounting-Business and International Management
CiteScore
2.50
自引率
0.00%
发文量
17
期刊介绍: Present circumstances underscore the need to improve the understanding of conducting business with and within the Asia-Pacific countries. The Journal of Asia-Pacific Business™ provides a blend of cutting-edge knowledge and practical applications on business management and marketing strategy. In the Journal of Asia-Pacific Business™, you will find articles and feature sections that provide a pragmatic view of the business environment in this dynamic region. This essential resource offers readers a good blend of descriptive, conceptual, and theoretical articles dealing with current topics.
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