现存分类群
社会资本
企业社会责任
互补性(分子生物学)
制度理论
政治
业务
公共经济学
经济
政治学
公共关系
法学
遗传学
管理
进化生物学
生物
作者
Tahiru Azaaviele Liedong,Tazeeb Rajwani,Kamel Mellahi
标识
DOI:10.1111/1467-8551.12229
摘要
Abstract Non‐market strategy researchers have postulated that political and social strategies reduce the exposure of firms to risk, but those arguments have received little empirical attention. In this paper, we integrate social capital and institutional theories to examine the efficacy of managerial political ties (MPTs) and corporate social responsibility (CSR) in institutional risk reduction. Using survey data from 179 firms in Ghana we find that, whereas CSR reduces institutional risk exposure, MPTs do not. We also find that the effect of MPTs on risk exposure is moderated by public affairs functions. Contrary to extant literature, we do not find evidence of complementarity between MPTs and CSR. Altogether, the findings not only show that the proposed efficacy of MPTs in risk reduction is illusive, but they also signal the need for scrutinizing the harmony between non‐market political and social strategies.
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