讲座:Major Policy Changes and Firm Political Actions: An Imprinting Perspective 发布时间:2022-06-08

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嘉 宾:Junkang Ji, faculty track postdoctoral research fellow, Peking University

主 持:欧阳璨 助理教授 上海交通大学

时 间:20221012日(周三)10:00-11:30am

地 点:腾讯云会议 (校内师生如需获取会议信息,请提前发送电邮至luckyjiang@sjtu.edu.cn)

 

内容简介:

This study advances a new mechanism through which policy changes influence firm political actions: when experiencing the impact of a major policy change at founding, founders are likely to form lasting beliefs about governments’ policy erraticism and adapt by undertaking political actions to manage political uncertainty. The primary setting for investigating this mechanism is the reform of state-owned enterprises (SOE) as a major policy change in China. The analysis of a national survey of Chinese private firms shows that firms experiencing the stronger impact of the SOE reform at founding are more likely to have their firm leaders assuming positions in the People’s Congress (PC) or People’s Political Consultative Conference (PPCC). This effect is weaker when (1) founders suffered less status loss from the reform; (2) founders more sympathized the SOE reform due to their CCP membership and the communist legacy in their provinces; (3) there are weaker legal constraints over governments in their province. The analysis of another national survey shows that experiencing the stronger impact of the SOE reform at founding indeed made founders trust the government less. The discovered mechanism helps better understand why some firms undertake political actions more and how policy changes affect firms.

 

演讲人简介

Junkang Ji is a faculty track postdoctoral research fellow at Peking University. He received his PhD in strategic management from Tsinghua University. His research examines how leaders’ psychological states (e.g., guilt and trust) affect firms’ strategic behaviors and outcomes (e.g., corporate social responsibility, innovation, and leadership). His work has been published at Academy of Management Journal.

 

 

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