| Individual and Collective Engagement in Political Strategy:the Evidence from China |
Received:October 14, 2017 Revised:October 14, 2017 |
Key Words: Political strategy; market capability; government expropriation; industry concentration; political exchange theory |
| Author Name | Affiliation | | xinming deng* | Wuhan Univ. | | Zhen Ye0 | Wuhan Univ. |
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Abstract: |
| In this paper we examine the impact of firms’ market capability on firms’ engagement in political strategies in private listed Chinese firms, and find that firm’s market capability positively related to their individual political strategies and have a U-shaped relationship with their collective political strategies. Moreover, the positively linear relationship is stronger in provinces that have lower levels of government expropriation and in Industries with high concentration; the U-shaped curvilinear relationship is weaker in provinces that have lower levels of government expropriation and in Industries with high concentration. |
