The Effect of Political Connection on Private Firm Performance Research based on the Perspective of Regional Diversity and Industry Heterogeneity
- 10.2991/essaeme-17.2017.439How to use a DOI?
- political connection, private firm, performance, regional diversity
The relationship between government and enterprises is the major issues in the economic reform and development, and Political Connection (PC) is the embodiment of the relationship between government and enterprises. As a result, the paper will select Chinese private enterprises as the research sample, exploring the mechanism of action of PC of enterprise performance in Chinese context. The main research conclusions are as follows: PC is one of the major factors which influence firm's performance. The degree of the local government intervention has a positive moderating effect on the relationship between the existence of PC and firm's performance; the threshold of industry access has a positive moderating effect on the relationship between the existence of PC and firm's performance.
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Jianfeng Lu AU - Anqi Gao PY - 2017/07 DA - 2017/07 TI - The Effect of Political Connection on Private Firm Performance Research based on the Perspective of Regional Diversity and Industry Heterogeneity BT - Proceedings of the 2017 3rd International Conference on Economics, Social Science, Arts, Education and Management Engineering (ESSAEME 2017) PB - Atlantis Press SP - 89 EP - 93 SN - 2352-5398 UR - https://doi.org/10.2991/essaeme-17.2017.439 DO - 10.2991/essaeme-17.2017.439 ID - Lu2017/07 ER -