Corporate political ties and state capitalism

Renfei Gao, Pei Sun, Anna Grosman, Ilya Okhmatovskiy

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

5 Citations (Scopus)

Abstract

Corporate political ties serve as a significant channel for business-government interactions and represent a prominent feature of state capitalism. Given the burgeoning scholarly interests in this topic over the last few decades, we identify the latest insights that emerge from this literature, with an emphasis on the strategy and performance implications of corporate political ties. We first define the scope of our overview of corporate political ties, noting the relevance of other forms of corporate political activity and state capitalism. We next review several important theoretical perspectives that have been used to study corporate political ties. This is followed by a detailed review of the recent research on the strategy and performance implications of corporate political ties and the emergent insights into the benefits and costs of corporate political ties. We conclude this chapter by proposing several directions and suggestions for future research.
Original languageEnglish
Title of host publicationThe Oxford Handbook of State Capitalism and the Firm
PublisherOxford University Press
Chapter23
Pages524-547
Number of pages23
ISBN (Electronic) 9780191874062
ISBN (Print)9780198837367
DOIs
Publication statusPublished - 19 Nov 2022

Keywords

  • corporate political ties
  • corporate political activity
  • nonmarket strategy
  • state capitalism
  • business-government relations

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