The effect of political turnover on firms’ strategic change in the emerging economies: The moderating role of political connections and financial resources
DC Field | Value | Language |
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dc.contributor.author | Choi, S.-J. | - |
dc.contributor.author | Liu, H. | - |
dc.contributor.author | Yin, J. | - |
dc.contributor.author | Qi, Y. | - |
dc.contributor.author | Lee, J.Y. | - |
dc.date.accessioned | 2021-10-12T08:42:16Z | - |
dc.date.available | 2021-10-12T08:42:16Z | - |
dc.date.created | 2021-10-08 | - |
dc.date.issued | 2021-12 | - |
dc.identifier.issn | 0148-2963 | - |
dc.identifier.uri | https://scholarworks.bwise.kr/hongik/handle/2020.sw.hongik/16255 | - |
dc.description.abstract | Do external uncertainties hold back or accelerate firms’ strategic change? To examine this issue, we develop a theoretical framework on the relationship between policy uncertainty caused by political turnover and the level of a firm's strategic change and also theorize how political connections and financial resources affect firms’ response in the form of strategic change to environmental uncertainty. We test our framework with 16,451 firm-year observations of listed firms in China from 2008 to 2015 and find that political turnover has a negative influence on the level of a firm's strategic change. Moreover, this influence is mitigated by political connections and/or financial resources. © 2021 Elsevier Inc. | - |
dc.language | 영어 | - |
dc.language.iso | en | - |
dc.publisher | Elsevier Inc. | - |
dc.title | The effect of political turnover on firms’ strategic change in the emerging economies: The moderating role of political connections and financial resources | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Lee, J.Y. | - |
dc.identifier.doi | 10.1016/j.jbusres.2021.08.034 | - |
dc.identifier.scopusid | 2-s2.0-85113691045 | - |
dc.identifier.wosid | 000705512600021 | - |
dc.identifier.bibliographicCitation | Journal of Business Research, v.137, pp.255 - 266 | - |
dc.relation.isPartOf | Journal of Business Research | - |
dc.citation.title | Journal of Business Research | - |
dc.citation.volume | 137 | - |
dc.citation.startPage | 255 | - |
dc.citation.endPage | 266 | - |
dc.type.rims | ART | - |
dc.type.docType | Article | - |
dc.description.journalClass | 1 | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.relation.journalWebOfScienceCategory | Business | - |
dc.subject.keywordPlus | ORGANIZATIONAL SLACK | - |
dc.subject.keywordPlus | CEO COMPENSATION | - |
dc.subject.keywordPlus | UNCERTAINTY | - |
dc.subject.keywordPlus | PERFORMANCE | - |
dc.subject.keywordPlus | TOP | - |
dc.subject.keywordPlus | INVESTMENT | - |
dc.subject.keywordPlus | IMPACT | - |
dc.subject.keywordPlus | GOVERNANCE | - |
dc.subject.keywordPlus | CORRUPTION | - |
dc.subject.keywordPlus | DIRECTORS | - |
dc.subject.keywordAuthor | China | - |
dc.subject.keywordAuthor | Financial resources | - |
dc.subject.keywordAuthor | Political turnover | - |
dc.subject.keywordAuthor | Politicalconnections | - |
dc.subject.keywordAuthor | Strategic change | - |
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