We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
The Impact of Nonfamily CEOs on Family Firms' Pursuit of Political Connections: The Theory of Bounded Reliability Perspective.
- Authors
Yu, Yang; Bai, Tao; Tang, Fei; Liu, Yulong
- Abstract
This study investigates the effect of nonfamily chief executive officers (CEOs) on family firms' propensity to form political connections. We combine research on corporate political activity and family business and draw from the bounded reliability theory to analyze how the presence of a nonfamily CEO is related to the hiring of politically connected managers and board members. We further examine how our base hypothesis is contingent upon the organizational and environmental factors influencing nonfamily CEOs' bounded reliability. Using the data from publicly listed Chinese family firms, support for our model was found. The study advances the understanding of family firms' political activity.
- Subjects
CHINA; FAMILY-owned business enterprises; CORPORATE political activity; ENGINEERING reliability theory; CHIEF executive officers; POLITICAL participation
- Publication
Family Business Review, 2023, Vol 36, Issue 3, p315
- ISSN
0894-4865
- Publication type
Article
- DOI
10.1177/08944865231182194