IDEAS home Printed from https://ideas.repec.org/a/sae/socres/v20y2015i4p45-57.html
   My bibliography  Save this article

Political-Economic Coalition among Entrepreneurs, Professionals, and Cadres in Guangdong, China

Author

Listed:
  • Chau-Kiu Cheung
  • Eileen Yuk-Ha Tsang

Abstract

As entrepreneurs, professionals, and cadres constitute the middle tier in China, they exhibit extravagance, gifting, and the pursuit of privileges. Particularly, privileges are likely to stem from political-economic coalition within the middle tier. The coalition is also likely to favor the preservation of the political structure. All these features of the middle tier need substantiation with qualitative data. The study gleaned the data from personal interviews with 59 entrepreneurs, professionals, and cadres in Guangdong, China. Results illustrate extravagance, political-economic coalition, privileges, and political preservation espoused by the middle tier. These results identify an investment theory to reflect the preservation of investment in political-economic coalition in order to reap privileges to afford extravagance in the middle tier. The results imply that political reform in China hinges on the erosion of the exchange of privileges in the coalition.

Suggested Citation

  • Chau-Kiu Cheung & Eileen Yuk-Ha Tsang, 2015. "Political-Economic Coalition among Entrepreneurs, Professionals, and Cadres in Guangdong, China," Sociological Research Online, , vol. 20(4), pages 45-57, November.
    • Handle: RePEc:sae:socres:v:20:y:2015:i:4:p:45-57
    DOI: 10.5153/sro.3798
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.5153/sro.3798
    Download Restriction: no
    File URL: https://libkey.io/10.5153/sro.3798?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sawada, Yasuyuki & Lokshin, Michael, 2009. "Obstacles to school progression in rural Pakistan: An analysis of gender and sibling rivalry using field survey data," Journal of Development Economics, Elsevier, vol. 88(2), pages 335-347, March.
    2. Zdravka Todorova, 2013. "Conspicuous Consumption as Routine Expenditure and its Place in the Social Provisioning Process," American Journal of Economics and Sociology, Wiley Blackwell, vol. 72(5), pages 1183-1204, November.
    3. Jean Ruffier, 2010. "The knowledge of industrial development -," Post-Print halshs-00649736, HAL.
    4. Anne Arquit Niederberger, 2005. "Science for climate change policy-making: applying theory to practice to enhance effectiveness," Science and Public Policy, Oxford University Press, vol. 32(1), pages 2-16, February.
    5. Chun Guo & Jane K. Miller, 2010. "Guanxi Dynamics and Entrepreneurial Firm Creation and Development in China," Management and Organization Review, The International Association for Chinese Management Research, vol. 6(2), pages 267-291, July.
    6. Guo, Chun & Miller, Jane K., 2010. "Guanxi Dynamics and Entrepreneurial Firm Creation and Development in China," Management and Organization Review, Cambridge University Press, vol. 6(2), pages 267-291, July.
    7. Matteo Fumagalli, 2007. "Framing ethnic minority mobilisation in Central Asia: The cases of Uzbeks in Kyrgyzstan and Tajikistan," Europe-Asia Studies, Taylor & Francis Journals, vol. 59(4), pages 567-590.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Han, Shaojie & Su, Jingqin & Lyu, Yibo & Liu, Qing, 2022. "How do business incubators govern incubation relationships with different new ventures?," Technovation, Elsevier, vol. 116(C).
    2. Chih-Ting Shih & Cheng-Chen Lin, 2014. "From good friends to good soldiers: A psychological contract perspective," Asia Pacific Journal of Management, Springer, vol. 31(1), pages 309-326, March.
    3. Zhong Qin & Xin Deng, 2016. "Government and family Guanxi in Chinese private firms: perceptions and preference," Review of Managerial Science, Springer, vol. 10(1), pages 35-60, January.
    4. Hongjuan Zhang & Rong Han & Liang Wang & Runhui Lin, 2021. "Social capital in China: a systematic literature review," Asian Business & Management, Palgrave Macmillan, vol. 20(1), pages 32-77, February.
    5. Fei Song & C. Bram Cadsby & Yunyun Bi, 2012. "Trust, Reciprocity, and Guanxi in China: An Experimental Investigation," Management and Organization Review, The International Association for Chinese Management Research, vol. 8(2), pages 397-421, July.
    6. Hongjuan Zhang & Rong Han & Liang Wang & Runhui Lin, 0. "Social capital in China: a systematic literature review," Asian Business & Management, Palgrave Macmillan, vol. 0, pages 1-46.
    7. Yanting Gu & Fiorenza Belussi & Rajneesh Narula, 2023. "Entering European countries: advantages and difficulties for Chinese electric vehicle firms," "Marco Fanno" Working Papers 0302, Dipartimento di Scienze Economiche "Marco Fanno".
    8. Dan Li & Li-Qun Wei & Qing Cao & Deqiu Chen, 2022. "Informal institutions, entrepreneurs’ political participation, and venture internationalization," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(6), pages 1062-1090, August.
    9. Sven Horak, 2018. "Join In or Opt Out? A Normative–Ethical Analysis of Affective Ties and Networks in South Korea," Journal of Business Ethics, Springer, vol. 149(1), pages 207-220, April.
    10. Huatao Peng & Geert Duysters & Bert Sadowski, 2016. "The changing role of guanxi in influencing the development of entrepreneurial companies: a case study of the emergence of pharmaceutical companies in China," International Entrepreneurship and Management Journal, Springer, vol. 12(1), pages 215-258, March.
    11. Chen, Ming-Huei & Chang, Yu-Yu & Lee, Chia-Yu, 2015. "Creative entrepreneurs' guanxi networks and success: Information and resource," Journal of Business Research, Elsevier, vol. 68(4), pages 900-905.
    12. Ming-Huei Chen & Yu-Yu Chang & Yin-Chen Lin, 2018. "Exploring creative entrepreneurs’ happiness: cognitive style, guanxi and creativity," International Entrepreneurship and Management Journal, Springer, vol. 14(4), pages 1089-1110, December.
    13. Dejin Su & Qixia Du & Dongwon Sohn & Libo Xu, 2017. "Can High-Tech Ventures Benefit from Government Guanxi and Business Guanxi ? The Moderating Effects of Environmental Turbulence," Sustainability, MDPI, vol. 9(1), pages 1-17, January.
    14. Sven Horak & Markus Taube, 2016. "Same but different? Similarities and fundamental differences of informal social networks in China (guanxi) and Korea (yongo)," Asia Pacific Journal of Management, Springer, vol. 33(3), pages 595-616, September.
    15. Bach Nguyen & Hoa Do & Chau Le, 2022. "How much state ownership do hybrid firms need for better performance?," Small Business Economics, Springer, vol. 59(3), pages 845-871, October.
    16. Sangaralingam Ramesh, 2020. "Entrepreneurship in China and India," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(1), pages 321-355, March.
    17. Skokic, Vlatka & Lynch, Paul & Morrison, Alison, 2019. "Veza: An informal network of tourism entrepreneurs," Annals of Tourism Research, Elsevier, vol. 77(C), pages 26-37.
    18. Junfan Yu & Saskia Klerk & Michael Hess, 2023. "The influence of cronyism on entrepreneurial resource acquisition," Asia Pacific Journal of Management, Springer, vol. 40(1), pages 121-150, March.
    19. Timothy Sim & Jocelyn Lau & John Young & Ke Cui, 2019. "Initiating Transdisciplinary Research in China-A Case Study," International Journal of Environmental Sciences & Natural Resources, Juniper Publishers Inc., vol. 22(1), pages 34-44, October.
    20. Bach Nguyen, 2022. "Small business investment: The importance of financing strategies and social networks," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(3), pages 2849-2872, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:socres:v:20:y:2015:i:4:p:45-57. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.