When political ties matter for firm performance? The role of CEO’s political utilization orientation and prosocial orientation

Yin, Bo; Xiao, Yingzhao; Pan, Jingzhou; Yue-jin, Tan; Zeng, Cheng

doi:10.1007/s10490-023-09881-w

Cited by 3 publications

(1 citation statement)

References 61 publications

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“…Interpersonal networks cultivated by managers thus rise to play a significant role to shape their firm's strategic choices (Peng et al, 2020). For example, prior studies have recognized the importance of the social connections of CEOs in driving the strategic orientations of their firms (Bai, Xiao, Pan, Tan, & Zeng, 2023;Zhang, O'Kane, & Chen, 2020;Zhang, Tan, & Wong, 2015).…”

Section: Founder As the Microfoundation For Slack Resourcesmentioning

confidence: 99%

The founder as the microfoundation of slack resource and firms’ R&D investment

Teng,

Li,

Sun

et al. 2023

Journal of Management & Organization

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This paper studies the relationship between slack and research and development (R&D) investment by addressing the role of the founder as the ‘microfoundation’ among Chinese newly listed firms. We propose a contingent approach to understanding the slack-R&D investment relationship by examining the influence of the founder’s human capital and social ties, which is distinguished into political and managerial ties. Our results show that the founder’s human capital, measured by its educational level, strengthens the relationship between absorbed and unabsorbed slack resources and R&D investment. We also find that the founder’s managerial ties strengthen the relationship between resource slack and R&D intensity, whereas political ties weaken that link. Our results demonstrate the founder’s crucial role in underpinning resource utilization in newly listed firms and emphasise the importance of social ties in driving firms’ R&D activities in emerging economies.

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Section: Founder As the Microfoundation For Slack Resourcesmentioning

confidence: 99%

The founder as the microfoundation of slack resource and firms’ R&D investment

Teng,

Li,

Sun

et al. 2023

Journal of Management & Organization

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Protagonists in digital transformation: The impact of chief digital officers on firms’ financial performance

Wei,

Zhu,

Lam

et al. 2024

Journal of Industrial Information Integration

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CEOs’ political orientation and corporate political activities as enablers of ESG performance

Coelho,

Augusto,

Torres

2024

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PurposeThis study aims to clarify the influence of different CEO’s political orientation (liberal/conservative) and corporate political activity on ESG performance, considering contingencies related to CEO attributes and corporate governance mechanisms.Design/methodology/approachUsing a sample of 131 companies from the Standard and Poor’s 500 index, this study employs fuzzy-set Qualitative Comparative Analysis (fs/QCA) to analyze combinations of conditions (i.e. configurations) that lead to greater ESG (i.e. environmental, social, and governance) performance.FindingsDrawing on the upper echelon theory and the theory of social exchange, the findings show that different CEO’s political orientation (liberal/conservative) can contribute to ESG performance, depending on the combination of conditions. Furthermore, the results emphasize the importance of corporate political activity as a core condition to enhance ESG performance.Originality/valueTaking a configurational approach, this study explores combinations of conditions that explain ESG performance, including CEO’s political orientation and corporate political activities as antecedent conditions. Unlike past research, this study examines possible complementarities between these two conditions and assumes that different CEO’s political orientation can have a positive influence on ESG performance, depending on the combination of conditions.

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When political ties matter for firm performance? The role of CEO’s political utilization orientation and prosocial orientation

Cited by 3 publications

References 61 publications

The founder as the microfoundation of slack resource and firms’ R&D investment

The founder as the microfoundation of slack resource and firms’ R&D investment

Protagonists in digital transformation: The impact of chief digital officers on firms’ financial performance

CEOs’ political orientation and corporate political activities as enablers of ESG performance

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