中青年学者论坛（5）

主  题： The Crowding-out Effects of Political Ties on Market Capabilities: Evidence from China

报告人：  周政 博士                               

                  教授

时  间：  5月18日（星期四）上午10:00

地  点：  宁远楼426教室

Abstract：This study argues that political ties may hurt firm performance during normal times by crowding-out market capabilities. First, political ties impede market capability building due to resource limitations and organizational inertia. Second, political ties hurt the efficiency of market capability utilization because of suboptimal strategies resulting from government interference and conflicting internal routines. Results based on listed private firms in China from 2006 to 2013 provide strong support for our propositions. We further find that both crowding-out effects are attenuated for firms with more resources, in highly competitive industries, and in better-developed regions. Our research contributes to extant literature by identifying new mechanisms of the dark side of political ties and by highlighting the potential damage of integrating market and nonmarket strategies.

讲座人简介： 周政，香港大学商学院战略及国际商务教授。他获得清华大学学士及硕士学位，并于美国弗吉尼亚理工大学获得商学博士学位。周政教授在创新及关系管制领域有着深入的研究，取得了丰硕的成果，并在战略管理研究领域产生了重要的影响。其是目前世界上新兴市场战略最多产、也最有影响力的学者之一，他在管理研究领域的许多顶尖学术期刊上发表了大量的高水平论文。