Research on the Development Strategy of Private Enterprises from the Perspective of Political Connection
- 10.2991/essaeme-16.2016.141How to use a DOI?
- Private enterprise; Political connection; Growth option value
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.
- © 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/).
Cite this article
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 -