What is the benefit of TMT’s governmental experience to private-owned enterprises? Evidence from China

Abstract

Top management team (TMT), Governmental experience, Political networking, Firm performance,

Politically Connected Banks: Some Indonesian Evidence

“…In an empirical study using Chinese firms, You and Du (2012) show that the value of political connections is contingent to operating performance. Wang et al (2011) find evidence that top management team with governmental experience contributes to improve performance of private firms. Lux et al (2012), in overall, conclude that mixing business with politics could be beneficial, even though executives should be careful in practice.…”

The Impact of Organizational Orientations on Medium and Small Firm Performance: A Resource-Based Perspective

“…This is not the case in the current study. As such, Harman's onefactor test was used to determine if common method bias was present (Podsakoff and Organ 1986); an approach which has received widespread use over many years across a broad range of marketing, small business, and (Brettel, Engelen, and Voll 2010;Cohen and Caspary 2011;Liao, Kickul, and Ma 2009;Matthews and Scott 1995;Newell et al 2011;Wallace et al 2010;Wang et al 2011). Last, as part of the Harman one-factor test, all 47 indicators of the predictor variables were entered into an exploratory factor analysis (Podsakoff et al 2003).…”

Hear it straight from the horse’s mouth: recognizing policy-induced opportunities

“…First, entrepreneurs should be aware that a significant portion of entrepreneurial opportunities in emerging economies are tied to government-related activities. As and Ge et al (2017) suggest, entrepreneurial opportunities emerge not only in the commercial market but also in the political market (Peng and Luo 2000;Wang et al 2011;Yiu and Lau 2008). Just as Yang's (2002Yang's ( , 2004 'double entrepreneurship' concept indicates, entrepreneurs in China should be politicians in addition to businessmen, staying alert to new movements in the government and effectively making use of institutional rules (Yang 2007).…”