Title :
Political Connections and Firm Diversification: A Resource Based View
Author :
He Ai ; Lan Hailin ; Li Weiwen
Author_Institution :
Sch. of Bus. Adm., South China Univ. of Technol., Guangzhou, China
Abstract :
This study draws from resource based view (RBV) other than upper echelon perspective used in previous research to investigate how and when senior managers´ political connections affect company´s diversification strategy. Data from a sample of 1280 firms from year 2002 to 2005 highlight a strong positive relationship between political connections and company diversification. The data also suggest that this relationship is contingent on the regional institutional characteristics and company ownership structure.
Keywords :
organisational aspects; politics; company diversification; company ownership structure; echelon perspective; firm diversification; political connections; regional institutional characteristics; resource based view; senior manager; Analytical models; Companies; Government; Humans; Industries; Mathematical model;
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
DOI :
10.1109/ICMSS.2010.5576736