Research on the Development Strategy of Private Enterprises from the Perspective of Political Connection

DOI

10.2991/essaeme-16.2016.141How to use a DOI?

Keywords

Private enterprise; Political connection; Growth option value

Abstract

This paper makes the diversity strategic of private enterprise affected by the strong system and its change. On the one hand, due to support the formal rules of market economy has not established, the government's redistribution of power is continuing under the condition of market economy, forcing private companies to rely on political association to obtain resources and the protection of this informal system, affect the enterprise diversification decisions; This paper introduce the political association to diversified behavior analysis, found a new determinants of corporate diversification strategy, and the influence of this factor boundary, Considering the dynamics of institutional change in the economic transition, discussed the regional and industry diversification strategy of private enterprises have how much impact on enterprise performance. The paper provides strategy researchers and industry policy makers with an innovative enterprise value analysis and management tools.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jianfeng Lu
AU  - Ning Zhang
PY  - 2016/08
DA  - 2016/08
TI  - Research on the Development Strategy of Private Enterprises from the Perspective of Political Connection
BT  - Proceedings of the 2016 International Conference on Economics, Social Science, Arts, Education and Management Engineering
PB  - Atlantis Press
SP  - 699
EP  - 702
SN  - 2352-5398
UR  - https://doi.org/10.2991/essaeme-16.2016.141
DO  - 10.2991/essaeme-16.2016.141
ID  - Lu2016/08
ER  -