Social ties and firm performance: The mediating effect of adaptive capability and supplier opportunism

被引：48
|
作者：
Zhu, Wenting [1 ]
Su, Samuel [2 ]
Shou, Zhigang [3 ]
机构：
[1] Southwestern Univ Finance & Econ, Sch Business Adm, Dept Mkt, Chengdu, Peoples R China
[2] Chinese Univ Hong Kong, Dept Econ, Sch Social Sci, Hong Kong, Hong Kong, Peoples R China
[3] Wuhan Univ, Res Ctr Org Mkt, Sch Econ & Management, Wuhan, Peoples R China
来源：
JOURNAL OF BUSINESS RESEARCH | 2017年 / 78卷
基金：
中国国家自然科学基金;
关键词：
Social ties; Adaptive capability; Supplier opportunism; Legal enforceability; Demand uncertainty; MANAGERIAL TIES; POLITICAL TIES; CHINA; BUSINESS; ANTECEDENTS; CONNECTIONS; COMPETITION; STRATEGY; VIEW;
D O I：
10.1016/j.jbusres.2016.12.018
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study integrates dynamic capabilities and relational governance theories to examine how business ties and political ties affect firm performance. The findings from a survey of 187 Chinese distributors of construction and decoration materials indicate that increased firm adaptive capability and reduced opportunism mediate the contribution of both ties to firm performance. In addition, legal enforceability and demand uncertainty determine the relative prominence of the two process intermediaries in joint consideration with the type of social ties (i.e., business ties and political ties). Specifically, political ties foster firm performance mainly by constraining supplier opportunism when legal enforceability is weak, whereas adaptive capability has a stronger mediating effect in the link between business ties and firm performance when demand uncertainty is high. (C) 2017 Elsevier Inc. All rights reserved.
引用
收藏
页码：226 / 232
页数：7
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