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Corporate governance dynamics of political tie formation in emerging economies: Business group affiliation, family ownership, and institutional transition
Corporate Governance: An International Review ( IF 4.6 ) Pub Date : 2021-02-15 , DOI: 10.1111/corg.12367
Chi‐Nien Chung 1 , Hongjin Zhu 2
Affiliation  

Despite the importance of political ties to firm strategy and performance, little is known about why and how firms form political ties. This study examines how firm-specific governance structures function as important determinants of the formation of political ties and how the impact of governance structures evolves during institutional transition of emerging economies.

中文翻译:

新兴经济体政治纽带形成的公司治理动态:企业集团隶属关系、家族所有权和制度转型

尽管政治联系对公司战略和绩效很重要,但人们对公司形成政治联系的原因和方式知之甚少。本研究考察了特定于公司的治理结构如何作为政治联系形成的重要决定因素发挥作用,以及治理结构的影响在新兴经济体的制度转型过程中如何演变。
更新日期:2021-02-15
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