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Political Tie Heterogeneity and the Impact of Adverse Shocks on Firm Value

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  1. Iiris Saittakari & Tiina Ritvala & Rebecca Piekkari & Perttu Kähäri & Sami Moisio & Tomas Hanell & Sjoerd Beugelsdijk, 2023. "A review of location, politics, and the multinational corporation: Bringing political geography into international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(6), pages 969-995, August.
  2. Mirko H. Benischke & Ajay Bhaskarabhatla, 2024. "Negative Incentives and Regulatory Capture: Noncompliance with Price Ceilings on Essential Medicines in India," Journal of Management Studies, Wiley Blackwell, vol. 61(2), pages 336-374, March.
  3. Tu, Wenjun & Zheng, Xiaolan & Li, Lei & Lin, Zhiang (John), 2021. "Do Chinese firms benefit from government ownership following cross-border acquisitions?," International Business Review, Elsevier, vol. 30(3).
  4. Fernanda Arreola & Rodrigo Bandeira-de-Mello, 2018. "The Differential Effects of Minority State Ownership Types on the Internationalization of Emerging Market Multinationals from Democratic States," Management International Review, Springer, vol. 58(5), pages 845-869, October.
  5. Rui Wang & Yi-Na Li & Jiuchang Wei, 2022. "Growing in the changing global landscape: the intangible resources and performance of high-tech corporates," Asia Pacific Journal of Management, Springer, vol. 39(3), pages 999-1022, September.
  6. Liu, Wei & De Sisto, Marco & Li, Wen Helena, 2021. "How does the turnover of local officials make firms more charitable? A comprehensive analysis of corporate philanthropy in China," Emerging Markets Review, Elsevier, vol. 46(C).
  7. Da Teng & Chengchun Li & Sailesh Tanna, 2022. "Foreign ownership and productivity in Chinese newly listed firms: the moderating roles of founder’s human capital and social ties," Asia Pacific Journal of Management, Springer, vol. 39(3), pages 1125-1159, September.
  8. Gilbert Kofi Adarkwah & Sinziana Dorobantu & Christopher Albert Sabel & Flladina Zilja, 2024. "Geopolitical volatility and subsidiary investments," Strategic Management Journal, Wiley Blackwell, vol. 45(11), pages 2275-2306, November.
  9. 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.
  10. Zhou, Chenxi & Zhang, Yameng & Bu, Maoliang, 2024. "Home country adverse political shocks and cross-border mergers and acquisitions financial performance of politically connected emerging market firms," International Business Review, Elsevier, vol. 33(3).
  11. Jia Liu & Oleksandr Talavera & Shuxing Yin & Mao Zhang, 2022. "Hierarchical political power and the value of cash holdings," Discussion Papers 22-03, Department of Economics, University of Birmingham.
  12. Yu Fengyan & Zhang Hongjuan & Justin Tan & Liang Qi, 2022. "Non‐Market Strategies and Credit Benefits: Unpacking Heterogeneous Political Connections in Response to Government Anti‐Corruption Initiatives," Journal of Management Studies, Wiley Blackwell, vol. 59(2), pages 349-389, March.
  13. Lebedev, Sergey & Sun, Sunny Li & Markóczy, Lívia & Peng, Mike W., 2021. "Board political ties and firm internationalization," Journal of International Management, Elsevier, vol. 27(3).
  14. Jiamin Zhang & Qian Cecilia Gu, 2024. "Unraveling the puzzling risk–return relationship: Distinctive roles of government involvement in venture capital investment," Strategic Management Journal, Wiley Blackwell, vol. 45(11), pages 2307-2339, November.
  15. Mustafa F. Özbilgin & Cihat Erbil & Nur Gündoğdu, 2024. "Political tie diversity and inclusion at work in Asia: a critical view and a roadmap," Asian Business & Management, Palgrave Macmillan, vol. 23(3), pages 374-392, July.
  16. Cai, Guowei & Zhang, Xuejiao & Yang, Hao, 2023. "Capacity utilization shifting or resource-seeking? Benefits for Chinese enterprises participating in the belt and road initiative," Emerging Markets Review, Elsevier, vol. 54(C).
  17. Daniel J. Blake & Stanislav Markus & Julio Martinez‐Suarez, 2024. "Populist Syndrome and Nonmarket Strategy," Journal of Management Studies, Wiley Blackwell, vol. 61(2), pages 525-560, March.
  18. Dorottya Sallai & Gerhard Schnyder, 2015. "Strong State, Weak Managers: How Firms Cope with Autocracy in Hungary," Working Papers wp474, Centre for Business Research, University of Cambridge.
  19. Schnyder, Gerhard & Sallai, Dorottya, 2020. "Between a rock and a hard place: Internal- and external institutional fit of MNE subsidiary political strategy in contexts of institutional upheaval," Journal of International Management, Elsevier, vol. 26(2).
  20. Khanh Hoang & Thanh Tat Tran & Hien Thi Thu Tran & Anh Quoc Le, 2022. "Do different political connections affect financial reporting quality differently? Evidence from Malaysia," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(2), pages 289-300, March.
  21. Chuliá, Helena & Estévez, Marc & Uribe, Jorge M., 2023. "Systemic political risk," Economic Modelling, Elsevier, vol. 125(C).
  22. Renfei Gao & Helen Wei Hu & Toru Yoshikawa, 2024. "Attraction versus competition: A tale of two similarity effects in director selection of Chinese firms," Asia Pacific Journal of Management, Springer, vol. 41(1), pages 275-316, March.
  23. Cheng, Lei, 2018. "Estimating the value of political connections in China: Evidence from sudden deaths of politically connected independent directors," Journal of Comparative Economics, Elsevier, vol. 46(2), pages 495-514.
  24. Han Jiang & Nan Jia & Tao Bai & Garry D. Bruton, 2021. "Cleaning house before hosting new guests: A political path dependence model of political connection adaptation in the aftermath of anticorruption shocks," Strategic Management Journal, Wiley Blackwell, vol. 42(10), pages 1793-1821, October.
  25. Jiang, Xu & Liu, Heng & Fey, Carl & Jiang, Feifei, 2018. "Entrepreneurial orientation, network resource acquisition, and firm performance: A network approach," Journal of Business Research, Elsevier, vol. 87(C), pages 46-57.
  26. Russell Fralich & Hong Fan, 2018. "Legislative political connections and CEO compensation in China," Asian Business & Management, Palgrave Macmillan, vol. 17(2), pages 112-139, April.
  27. Han Yu & Abraham Y. Nahm & Zengji Song, 2022. "Turnover of local government core officials, political connections and the investment and financing of private‐sector enterprises," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(3), pages 3490-3509, July.
  28. Yu, Xin & Zheng, Ying, 2019. "The value of political ties for firms experiencing enforcement actions: Evidence from China," The British Accounting Review, Elsevier, vol. 51(1), pages 24-45.
  29. Bai, Tao & Chen, Stephen & Xu, Youzong, 2021. "Formal and informal influences of the state on OFDI of hybrid state-owned enterprises in China," International Business Review, Elsevier, vol. 30(5).
  30. Sunny Li Sun & Mike W. Peng & Weiqiang Tan, 2017. "Institutional relatedness behind product diversification and international diversification," Asia Pacific Journal of Management, Springer, vol. 34(2), pages 339-366, June.
  31. Weiting Zheng & Na Ni & Donal Crilly, 2019. "Non‐profit organizations as a nexus between government and business: Evidence from Chinese charities," Strategic Management Journal, Wiley Blackwell, vol. 40(4), pages 658-684, April.
  32. Schnyder, Gerhard & Sallai, Dorottya, 2020. "Between a rock and a hard place: internal- and external institutional fit of MNE subsidiary political strategy in contexts of institutional upheaval," LSE Research Online Documents on Economics 102942, London School of Economics and Political Science, LSE Library.
  33. Huang, Dongdong & Tsui-Auch, Lai Si & Dieleman, Marleen & Gomulya, David, 2024. "Politically connected EMNCs in a (de)globalising world: A review and future research directions," International Business Review, Elsevier, vol. 33(3).
  34. Liedong, Tahiru Azaaviele & Rajwani, Tazeeb & Lawton, Thomas C., 2020. "Information and nonmarket strategy: Conceptualizing the interrelationship between big data and corporate political activity," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
  35. Jianghua Zhou & Rui Wu & Jizhen Li, 2019. "More ties the merrier? Different social ties and firm innovation performance," Asia Pacific Journal of Management, Springer, vol. 36(2), pages 445-471, June.
  36. Fei Tang, 2021. "Busting the ‘Princeling’? Demystifying the Effect of Corporate Depoliticization on Green Innovation: The Moderating Effect of Politician Turnover," Sustainability, MDPI, vol. 13(17), pages 1-21, August.
  37. Mujtaba Kayani, Ghulam & Saeed, Abubakr & Riaz, Hammad & Ali, Ashiq, 2023. "Political power shift in host markets and firm asset retrenchment: Evidence from Chinese MNCs," Journal of Business Research, Elsevier, vol. 161(C).
  38. Zhen Qi & Tristan Kenderdine & Tingfeng Tang & Qiren Liu, 2022. "China's anti‐corruption campaign and outward foreign direct investment by state‐owned enterprises," The World Economy, Wiley Blackwell, vol. 45(9), pages 2950-2976, September.
  39. Chen, Tao & Park, Hyeyoun & Rajwani, Tazeeb, 2024. "Diverse human resource slack and firm innovation: Evidence from politically connected firms," International Business Review, Elsevier, vol. 33(2).
  40. Yu Wang & Jie Ma & Tienan Wang, 2023. "Do all female directors have the same impact on corporate social responsibility? The role of their political connection," Asia Pacific Journal of Management, Springer, vol. 40(3), pages 1047-1074, September.
  41. 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.
  42. Wei, Qiao & Li, Wen Helena & De Sisto, Marco & Gu, Jinlong, 2020. "What types of top management teams' experience matter to the relationship between political hazards and foreign subsidiary performance?," Journal of International Management, Elsevier, vol. 26(4).
  43. Li, Jing & Xia, Jun & Shapiro, Daniel & Lin, Zhouyu, 2018. "Institutional compatibility and the internationalization of Chinese SOEs: The moderating role of home subnational institutions," Journal of World Business, Elsevier, vol. 53(5), pages 641-652.
  44. Ziliang Deng & Jiayan Yan & Pei Sun, 2020. "Political Status and Tax Haven Investment of Emerging Market Firms: Evidence from China," Journal of Business Ethics, Springer, vol. 165(3), pages 469-488, September.
  45. Zhou, Zhengyi, 2017. "Government ownership and exposure to political uncertainty: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 84(C), pages 152-165.
  46. Guo, Shijun & Yu, Xin & Faff, Robert, 2021. "Political connections and media slant," International Review of Economics & Finance, Elsevier, vol. 74(C), pages 58-80.
  47. Chris K. Y. Lo & Christopher S. Tang & Yi Zhou & Andy C. L. Yeung & Di Fan, 2018. "Environmental Incidents and the Market Value of Firms: An Empirical Investigation in the Chinese Context," Manufacturing & Service Operations Management, INFORMS, vol. 20(3), pages 422-439, July.
  48. Du, Jialin & Bai, Tao & Chen, Stephen, 2019. "Integrating corporate social and corporate political strategies: Performance implications and institutional contingencies in China," Journal of Business Research, Elsevier, vol. 98(C), pages 299-316.
  49. Pei Sun & Jonathan Doh & Tazeeb Rajwani & Timothy Werner & Xiaowei Rose Luo, 2024. "The Management of Socio‐Political Issues and Environments: Toward a Research Agenda for Corporate Socio‐Political Engagement," Journal of Management Studies, Wiley Blackwell, vol. 61(2), pages 277-306, March.
  50. Kui Wang & Qiyuan Zhang & Danqing Wang & Defeng Yang, 2024. "The impact of political ties on firms’ innovation capability: Evidence from China," Asia Pacific Journal of Management, Springer, vol. 41(3), pages 1481-1513, September.
  51. Wang, Chengqi & Piperopoulos, Panagiotis & Chen, Shihua & Ming, Alan Au Kai & Herbert, Kendall, 2022. "Outward FDI and Innovation Performance of Chinese Firms: Why Can Home-Grown Political Ties Be A Liability?," Journal of World Business, Elsevier, vol. 57(3).
  52. Guangyuan Guo & Jing Li & Dan Wang & Lina Zhang, 2022. "Political connection, contract intensity, and OFDI: Evidence from China," Journal of Economic Surveys, Wiley Blackwell, vol. 36(3), pages 534-557, July.
  53. Sumi Jha & Vidya Venkatesh, 2023. "Entrepreneurial Satisfaction for Women Micro-entrepreneurs: A Network Perspective," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 13(1), pages 1-17, December.
  54. Jing Li & Klaus E Meyer & Hua Zhang & Yuan Ding, 2018. "Diplomatic and corporate networks: Bridges to foreign locations," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 49(6), pages 659-683, August.
  55. Jianjun Zhang & Christopher Marquis & Kunyuan Qiao, 2016. "Do Political Connections Buffer Firms from or Bind Firms to the Government? A Study of Corporate Charitable Donations of Chinese Firms," Organization Science, INFORMS, vol. 27(5), pages 1307-1324, October.
  56. Huang, Yuanyuan & Xie, En & Li, Yu & Reddy, K.S., 2017. "Does state ownership facilitate outward FDI of Chinese SOEs? Institutional development, market competition, and the logic of interdependence between governments and SOEs," International Business Review, Elsevier, vol. 26(1), pages 176-188.
  57. Xie, En & Li, Fanshu & Wu, Zhan & Kumar, Vikas, 2024. "State ownership and Chinese private firms’ OFDI in developed economies," Journal of World Business, Elsevier, vol. 59(3).
  58. Bornhausen, Anna Maria, 2022. "Conceptualizing cross-country analyses of family firms: A systematic review and future research agenda," International Business Review, Elsevier, vol. 31(4).
  59. Dimitrios Gounopoulos & Georgios Loukopoulos & Panagiotis Loukopoulos & Geoffrey Wood, 2024. "Corporate Political Activities and the SEC's Oversight Role in the IPO Process," Journal of Management Studies, Wiley Blackwell, vol. 61(2), pages 375-412, March.
  60. Ruey-Jer “Bryan” Jean & Danchi Tan, 2019. "The Effect of Institutional Capabilities on E-Business Firms’ International Performance," Management International Review, Springer, vol. 59(4), pages 593-616, August.
  61. Jooyoung Kwak & Shih-Yi Chang & Meihui Jin, 2023. "The effects of political ties on innovation performance in China: Differences between central and local governments," Asian Business & Management, Palgrave Macmillan, vol. 22(1), pages 300-329, February.
  62. Tingting Hu & Kun You & Char-Lee Lok, 2025. "State ownership, political connection and ESG performance," Risk Management, Palgrave Macmillan, vol. 27(1), pages 1-33, January.
  63. Zhi Wang & Miao Yu, 2022. "Political embeddedness and firms' growth," Kyklos, Wiley Blackwell, vol. 75(1), pages 127-153, February.
  64. Deng, Ziliang & Yan, Jiayan & van Essen, Marc, 2018. "Heterogeneity of political connections and outward foreign direct investment," International Business Review, Elsevier, vol. 27(4), pages 893-903.
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