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Full-Text Articles in Business
Political Connection, Founder-Manager And Their Impact On Tunneling In China's Listed Firms, Liangbo Ma, Shiguang Ma, Gary G. Tian
Political Connection, Founder-Manager And Their Impact On Tunneling In China's Listed Firms, Liangbo Ma, Shiguang Ma, Gary G. Tian
Faculty of Business - Papers (Archive)
Reciprocal relationship, often regarded as mutually beneficial and secure, can actually be destructive and result in inefficiency. We provide evidence of such double-blade by studying the impact of political connection on corporate governance. Private firms in countries where the government controls the allocation of resources have incentives to seek political connections by hiring politicians or ex-politicians as top executives. Such political capital, however, may turn into political constraint when the CEOs fail to perform but use connections to entrench themselves. We take advantage of the unique setting in China to illustrate this argument. We show that politically connected CEOs have …
The Changing Pattern Of State Workers' Labour Resistance In Shaanxi Province, China, Zhiming Cheng
The Changing Pattern Of State Workers' Labour Resistance In Shaanxi Province, China, Zhiming Cheng
Faculty of Business - Papers (Archive)
State workers in China have been suffering multiple negative shocks due to state sector reforms and massive lay-offs since the 1990s. One of their responses has been to engage in conventional forms of rightful resistance to assert their rights and benefits. The recent development of such labour resistance, however, has been less studied. This paper examines the recent collective rights action among state workers in Shaanxi province to examine the evolving pattern of resistance that changed from relatively non-threatening to radical, and from offline to a mixture of real-life and cyberspace actions. Because the recent movements directly challenged the authoritarian …
Exploring Hegemonic Change In China: A Case Of Accounting Evolution, Lina Xu, Corinne L. Cortese, Ying Zhang
Exploring Hegemonic Change In China: A Case Of Accounting Evolution, Lina Xu, Corinne L. Cortese, Ying Zhang
Faculty of Business - Papers (Archive)
This paper uses Gramsci’s concept of hegemony to investigate periods of leadership and accounting change throughout Chinese history. In particular, this paper provides an understanding of how accounting systems have changed across four distinct periods of hegemonic leadership in China: the Confucian tradition, the rise of the socialist system followed by the Cultural Revolution under the Maoist era, and the move towards the socialist-market system in the Dengist era. This paper shows how political leaders in these different time periods effectively achieved leadership by destroying an existing hegemony, creating a new ideology, and implanting this into people’s daily lives in …