Does managerial networking impinge our morality in Guanxi context? The moderating effect of corruption perception

Emerging Markets Review - Tập 55 - Trang 101008 - 2023
Bao Wu1, Chevy-Hanqing Fang2, Qi Wang1, Qiongxian Huang1
1School of Management, Zhejiang University of Technology, Hangzhou 310012, PR China
2School of Business and Information Technology, Missouri University of Science and Technology, Rolla, MO 65409, United States of America

Tài liệu tham khảo

Adomako, 2022, Stakeholder management, CSR commitment, corporate social performance: the moderating role of uncertainty in CSR regulation, Corp. Soc. Responsib. Environ. Manag., 1 Akkerman, 2011, Managing the environment, Public Manag. Rev., 13, 159, 10.1080/14719037.2010.501618 Al-Shammari, 2019, CEO narcissism and corporate social responsibility: does CEO narcissism affect CSR focus?, J. Bus. Res., 104, 106, 10.1016/j.jbusres.2019.07.005 Azmat, 2010, Exploring social responsibility of immigrant entrepreneurs: do home country contextual factors play a role?, Eur. Manag. J., 28, 377, 10.1016/j.emj.2009.11.004 Barbalet, 2014, The structure of guanxi: resolving problems of network assurance, Theory Soc., 43, 51, 10.1007/s11186-013-9211-2 Barnea, 2010, Corporate social responsibility as a conflict between shareholders, J. Bus. Ethics, 97, 71, 10.1007/s10551-010-0496-z Beltramini, 2002, Impact gifting: the way to build solid business relationships, J. Promot. Manag., 8, 67, 10.1300/J057v08n01_06 Besser, 2011, The company they keep: how formal associations impact business social performance, Bus. Ethics Q., 21, 503, 10.5840/beq201121328 Bose, 2022, Does CEO–audit committee/board interlocking matter for corporate social responsibility?, J. Bus. Ethics., 179, 819, 10.1007/s10551-021-04871-8 Brass, 1998, Relationships and unethical behavior: a social network perspective, Acad. Manag. Rev., 23, 14, 10.2307/259097 Casciaro, 2014, The contaminating effects of building instrumental ties: how networking can make us feel dirty, Adm. Sci. Q., 59, 705, 10.1177/0001839214554990 Cesinger, 2016, A socioemotional wealth perspective on how collaboration intensity, trust, and international market knowledge affect family firms’ multinationality, J. World Bus., 51, 586, 10.1016/j.jwb.2016.02.004 Chan, 2002, The dynamics of Guanxi and ethics for Chinese executives, J. Bus. Ethics, 41, 327, 10.1023/A:1021230831161 Chang, 2011, A path to understanding Guanxi in China’s transitional economy: variations on network behavior*, Sociol. Theory, 29, 315, 10.1111/j.1467-9558.2011.01401.x Chen, 2021, Are better-connected CEOs more socially responsible? Evidence from the U.S. restaurant industry, Tour. Manag., 85, 10.1016/j.tourman.2021.104304 Cleary, 1999, The relationship between firm investment and financial status, J. Financ., 54, 673, 10.1111/0022-1082.00121 Collins, 2009, Why firms engage in corruption: a top management perspective, J. Bus. Ethics, 87, 89, 10.1007/s10551-008-9872-3 Danis, 2010, The impact of managerial networking intensity and market-based strategies on firm growth during institutional upheaval: a study of small and medium-sized enterprises in a transition economy, J. Int. Bus. Stud., 41, 287, 10.1057/jibs.2009.45 Delbufalo, 2016, Diversification, family involvement and firm performance, J. Manag. Dev., 35, 663, 10.1108/JMD-09-2015-0129 Dunfee, 2001, Is Guanxi ethical? A normative analysis of doing business in China, J. Bus. Ethics, 32, 191, 10.1023/A:1010766721683 Fan, 2002, Ganxi’s consequences: personal gains at social cost, J. Bus. Ethics, 38, 371, 10.1023/A:1016021706308 Follows, 2000, Environmentally responsible purchase behaviour: a test of a consumer model, Eur. J. Mark., 34, 723, 10.1108/03090560010322009 Frynas, 2016, Corporate social responsibility: review and roadmap of theoretical perspectives, Bus. Ethics A Eur. Rev., 25, 258, 10.1111/beer.12115 Galaskiewicz, 1997, An urban Grants economy revisited: corporate charitable contributions in the twin cities, 1979-81, 1987-89, Adm. Sci. Q., 42, 445, 10.2307/2393734 Gao, 2015, Government intervention, Peers’ giving and corporate philanthropy: evidence from Chinese private SMEs, J. Bus. Ethics, 132, 433, 10.1007/s10551-014-2329-y Geletkanycz, 2001, The strategic value of CEO external directorate networks: implications for CEO compensation, Strateg. Manag. J., 22, 889, 10.1002/smj.172 Hambrick, 2007, Upper echelons theory: an update, Acad. Manag. Rev., 32, 334, 10.5465/amr.2007.24345254 Hambrick, 1984, Upper echelons: the organization as a reflection of its top managers, Acad. Manag. Rev., 9, 193, 10.2307/258434 Hanousek, 2019, Firm efficiency, foreign ownership and CEO gender in corrupt environments, J. Corp. Finan., 59, 344, 10.1016/j.jcorpfin.2017.06.008 Heranz, 2010, Network performance and coordination, Public Perform. Manag. Rev., 33, 311, 10.2753/PMR1530-9576330301 Hirsch, 1976, Social limits to growth Huang, 2013, Eat-drink,corruption and firm’s purchase order, Econ. Manag. J., 48, 71 Huang, 2012, Firm networking and bribery in China: assessing some potential negative consequences of firm openness, J. Bus. Ethics, 107, 533, 10.1007/s10551-011-1062-z Hwang, 1987, Face and favor: the Chinese power game, Am. J. Sociol., 92, 944, 10.1086/228588 Hwang, 2009, Guanxi and business ethics in confucian society today: an empirical case study in Taiwan, J. Bus. Ethics, 89, 235, 10.1007/s10551-008-9996-5 Jensen, 1976, Theory of the firm: managerial behavior, agency costs and ownership structure, J. Financ. Econ., 3, 305, 10.1016/0304-405X(76)90026-X Jia, 2014, Are collective political actions and private political actions substitutes or complements? Empirical evidence from China’s private sector, Strateg. Manag. J., 35, 292, 10.1002/smj.2092 Jia, 2017, Political hazards and firms’ geographic concentration, Strateg. Manag. J., 38, 203, 10.1002/smj.2474 Jin, 2021, Family business internationalization in paradox: effects of socioemotional wealth and entrepreneurial Spirit, Front. Psychol., 12, 1095, 10.3389/fpsyg.2021.667615 Jo, 2012, The causal effect of corporate governance on corporate social responsibility, J. Bus. Ethics, 106, 53, 10.1007/s10551-011-1052-1 Kane, 1989, Changing incentives facing financial-services regulators, J. Financ. Serv. Res., 2, 265, 10.1007/BF00130743 Khatri, 2003, Antecedents and consequences of cronyism in organizations, J. Bus. Ethics, 43, 289, 10.1023/A:1023081629529 Koehn, 2010, Is philanthropy being used by corporate wrongdoers to buy good will?, J. Manag. Gov., 14, 1, 10.1007/s10997-009-9087-8 Lee, 2020, Celebrity CEO, identity threat, and impression management: impact of celebrity status on corporate social responsibility, J. Bus. Res., 111, 69, 10.1016/j.jbusres.2020.01.015 Liu, 2020, Impression management against early dismissal? CEO succession and corporate social responsibility, Corp. Soc. Responsib. Environ. Manag., 27, 999, 10.1002/csr.1861 Liu, 2022, Legacy of ideology: the enduring effect of CEOs’ socialist ideological imprint on private firms’ employee-related CSR, J. Bus. Res., 147, 491, 10.1016/j.jbusres.2022.04.033 Liu, 2017, A new variable—trust abuse, the vulnerable aspect of choosing trust others, 1 Liu, 2022, Exploring the role of Guanxi in CSR performance and knowledge management of a stakeholder network: a case of iStone, China, Psychol. Res. Behav. Manag., 15, 1665, 10.2147/PRBM.S368892 Lovett, 1999, Guanxi versus the market: ethics and efficiency, J. Int. Bus. Stud., 30, 231, 10.1057/palgrave.jibs.8490068 Luo, 2003, Industrial dynamics and managerial networking in an emerging market: the case of China, Strateg. Manag. J., 24, 1315, 10.1002/smj.363 Luo, 2008, The changing Chinese culture and business behavior: the perspective of intertwinement between guanxi and corruption, Int. Bus. Rev., 17, 188, 10.1016/j.ibusrev.2008.02.002 Luo, 2020, Corporate social responsibility disclosure in China: Do managerial professional connections and social attention matter?, Emerg. Mark. Rev., 43 Luo, 2006, Social donation and university development: a comparative analysis between China’s and America’s endowment for public education, Front. Educ. China, 1, 614, 10.1007/s11516-006-0034-z Marquis, 2020, Waking from Mao’s dream: communist ideological imprinting and the internationalization of entrepreneurial ventures in China, Adm. Sci. Q., 65, 795, 10.1177/0001839218792837 Melé, 2009 Millington, 2005, Gift Giving, Guanxi and Illicit Payments in Buyer–Supplier Relations in China: Analysing the Experience of UK Companies, J. Bus. Ethics, 57, 255, 10.1007/s10551-004-6712-y Mishina, 2012, The path dependence of organizational reputation: how social judgment influences assessments of capability and character, Strateg. Manag. J., 33, 459, 10.1002/smj.958 Mo, 2012, How do Chinese firms Deal with inter-organizational conflict?, J. Bus. Ethics, 108, 121, 10.1007/s10551-011-1066-8 Möllering, 2019, Trust trap? Self-reinforcing processes in the constitution of inter-organizational trust, 141 Nandy, 2020, Impact of directors’ networks on corporate social responsibility: a cross country study, Int. Rev. Financ. Anal., 72, 10.1016/j.irfa.2020.101601 Neiheisel, 1994 Olken, 2009, Corruption perceptions vs. corruption reality, J. Public Econ., 93, 950, 10.1016/j.jpubeco.2009.03.001 O’Toole, 2011 Park, 2001, Guanxi and organizational dynamics: organizational networking in Chinese firms, Strateg. Manag. J., 22, 455, 10.1002/smj.167 Peng, 2000, Managerial ties and firm performance in a transition economy: the nature of a micro-macro link, Acad. Manag. J., 43, 486, 10.2307/1556406 Portes, 1998, Social capital: its origins and applications in modern sociology, Annu. Rev. Sociol., 24, 1, 10.1146/annurev.soc.24.1.1 Qu, 2022, Research on the influence of network position on corporate social responsibility: moderating effect based on ownership concentration, Front. Psychol., 13 Saiia, 2003, Philanthropy as strategy: When corporate charity “begins at home.”, Bus. Soc., 42, 169, 10.1177/0007650303042002002 Santana, 2009, Ethics and the networked business, J. Bus. Ethics, 90, 661, 10.1007/s10551-010-0599-6 Shafer, 2015, Ethical climate, social responsibility, and earnings management, J. Bus. Ethics, 126, 43, 10.1007/s10551-013-1989-3 Shen, 2018, Diversification strategy, ownership structure, and financial crisis: performance of Chinese private firms, Asia-Pacific J. Financ. Stud., 47, 54, 10.1111/ajfs.12203 Shen, 2022, Is interpersonal Guanxi beneficial in fostering interfirm trust? The contingent effect of institutional- and individual-level characteristics, J. Bus. Ethics, 176, 575, 10.1007/s10551-020-04665-4 Skouloudis, 2015, Priorities and perceptions of corporate social responsibility, Manag. Decis., 53, 375, 10.1108/MD-12-2013-0637 Smith, 2003, Corporate social responsibility: whether or how?, Calif. Manag. Rev., 45, 52, 10.2307/41166188 Snell, 1999, Obedience to authority and ethical dilemmas in Hong Kong companies, Bus. Ethics Q., 9, 507, 10.2307/3857514 Soda, 2012, A network perspective on organizational architecture: performance effects of the interplay of formal and informal organization, Strateg. Manag. J., 33, 751, 10.1002/smj.1966 Song, 2022, Do political connections foster or hamper firm environmental investment?, Econ. Res., 36, 2071 Stadler, 2018, International and product diversification: which strategy suits family managers?, Glob. Strateg. J., 8, 184, 10.1002/gsj.1190 Stam, 2008, Entrepreneurial orientation and new venture performance: the moderating role of intra- and extraindustry social capital, Acad. Manag. J., 51, 97, 10.5465/amj.2008.30744031 Steidlmeier, 1999, Gift giving, bribery and corruption: ethical management of business relationships in China, J. Bus. Ethics, 20, 121, 10.1023/A:1005960026519 Su, 2010, Does giving lead to getting? Evidence from Chinese private enterprises, J. Bus. Ethics, 93, 73, 10.1007/s10551-009-0183-0 Su, 2001, Entering Guanxi: a business ethical dilemma in mainland China?, J. Bus. Ethics, 33, 199, 10.1023/A:1017570803846 Su, 2003, Is Guanxi orientation bad, ethically speaking? A study of Chinese enterprises, J. Bus. Ethics, 44, 303, 10.1023/A:1023696619286 Su, 2015, Entrepreneurial orientation, managerial networking, and new venture performance in China, J. Small Bus. Manag., 53, 228, 10.1111/jsbm.12069 Sun, 2016, How to manage client entertainment in China, Bus. Horiz., 59, 401, 10.1016/j.bushor.2016.03.003 Sun, 2017, The role of business entertainment in economic exchanges: a governance perspective and propositions, Manag. Organ. Rev., 13, 121, 10.1017/mor.2016.38 Tran, 2021, How CEO social capital drives corporate social performance: the roles of stakeholders, and CEO tenure, Corp. Soc. Responsib. Environ. Manag., 28, 819, 10.1002/csr.2092 Tsang, 1998, Can guanxi be a source of sustained competitive advantage for doing business in China?, Acad. Manag. Exec., 12, 64 Ullah, 2021, The differential effect of corruption on growth: does firm origin matter?, Emerg. Mark. Financ. Trade, 57, 4036, 10.1080/1540496X.2020.1785861 Venard, 2009, Organizational isomorphism and corruption: an empirical research in Russia, J. Bus. Ethics, 89, 59, 10.1007/s10551-008-9984-9 Volmer, 2018, A daily diary study on the consequences of networking on employees’ career-related outcomes: the mediating role of positive affect, Front. Psychol., 9 Walker, 2010, Social responsibility and the Olympic games: the mediating role of consumer attributions, J. Bus. Ethics, 95, 659, 10.1007/s10551-010-0445-x Wank, 1996, 820 Wei, 2015, Corruption and corporate vitality: empirical study of rent seeking and rent extraction in affecting capacity utilization rate, J. World Econ., 38, 105 Wong, 1999, Relationship marketing in China: Guanxi, favouritism and adaptation, J. Bus. Ethics, 22, 107, 10.1023/A:1006077210425 Wu, 2018, From individual social capital to collective social capital: empirical evidence from inter-firm financing trust network, J. Chin. Sociol., 5, 18, 10.1186/s40711-018-0088-3 Wu, 2021, Generous charity to preserve green image? Exploring linkage between strategic donations and environmental misconduct, J. Bus. Res., 131, 839, 10.1016/j.jbusres.2020.10.040 Wu, 2021, Political connections, industry entry choice and performance volatility: evidence from China, Emerg. Mark. Financ. Trade, 58, 290, 10.1080/1540496X.2021.1904878 Wu, 2022, Environmental regulations and innovation for sustainability? Moderating effect of political connections, Emerg. Mark. Rev., 50, 10.1016/j.ememar.2021.100835 Wu, 2022, Substantial response or impression management? Compliance strategies for sustainable development responsibility in family firms, Technol. Forecast. Soc. Change, 174, 10.1016/j.techfore.2021.121214 Wu, 2022, Capital flight for family? Exploring the moderating effects of social connections on capital outflow of family business, J. Int. Financ. Mark. Inst. Money, 77, 10.1016/j.intfin.2021.101491 Xin, 1996, Guanxi: connections as substitutes for formal institutional support, Acad. Manag. J., 39, 1641, 10.2307/257072 Yan, 2022, Does entrepreneur invest more in environmental protection when joining the Communist Party? Evidence from Chinese private firms, Emerg. Mark. Financ. Trade, 58, 754, 10.1080/1540496X.2020.1848814 Yang, 2014, Why do state-owned enterprises produce implicit corruption?, Econ. Manag. J., 36, 64 Ye, 2021, Internal and external social responsibilities in new ventures: evidence from Chinese private firms, Manag. Decis., 59, 1462, 10.1108/MD-02-2020-0239 Yu, 2017, Emerging phenomenon of corporate social and environmental reporting in China, Sustain. Account. Manag. Policy J., 8, 386 Zhang, 2022, The relationship between corruption perception and depression: a multiple mediation model, Psychol. Res. Behav. Manag., 15, 1943, 10.2147/PRBM.S370045 Zheng, 2017, Life satisfaction as a buffer of the relationship between corruption perception and political participation, Soc. Indic. Res., 132, 907, 10.1007/s11205-016-1318-1 Zhou, 2016, Management power, internal control and corruption governance, Account. Res., 56