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Title: Addressing the cross-boundary missing link between corporate political activities and firm competencies: The mediating role of institutional capital
Authors: 黃國峯
Gao, Yu
Yang, Zhuoer
Huang, Kuo-Feng
Gao, Shanxing
Yang, Wei
Contributors: 企業管理學系
Keywords: Corporate political activity;Institutional capital;Internal capability
Date: 2018-02
Issue Date: 2018-01-29 10:45:13 (UTC+8)
Abstract: This study examines the mediating effect of institutional capital on the relationship between corporate political activities (CPA) and firm competencies. By adopting an institutional perspective, we identify the influence of a firm’s relational CPA and participation CPA, and its two types of institutional capitals, formal institutional capital (FIC) and informal institutional capital (IIC), on the firm’s competencies. Based on survey data from multi-informants in 303 Chinese firms, our results suggest that firms’ institutional capital (IIC/FIC) partially/fully mediates the relationship between CPA and firm competencies. The findings provide the evidence that how nonmarket strategy, such as corporate political activities, affects a firm’s institutional capital and then its competencies.
Relation: International Business Review, Volume 27, Issue 1, Pages 259-268
Data Type: article
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