[4月10日]管理学workshop:An Anatomy of State Control in State-Owned Enterprises’ Globalization

发布日期:2014-04-03 20:08    来源:北京大学国家发展研究院

An Anatomy of State Control in State-Owned Enterprises’ Globalization

 

Time:April. 10th (Thursday) 10am -12noon

Location: Zhifuxuan, National School of Development, Peking U.

Speaker: Ren Bing, Professor of Management, Nankai University

 

 

Abstract:

Combining the agency theory with institutional analysis in international business, we propose a state-control perspective to analyze the government-control mechanisms in the globalization of state-owned enterprises (SOEs) from emerging economies. We identify two types of state control that influence SOEs’ globalization decisions: state ownership control as a regulative force and executives’ political connections as a normative force, which are contingent upon the evolving institutional environment in the home country. Using a two-step corporate globalization decision model and 17,272 firm-year observations of all non-financial Chinese listed companies, we find strong impacts of both types of state control on SOEs’ globalization, although the impacts differ between the periods before and after the domestic governance reform and across different globalization decision steps. The diminishingimpact of executives’ political connections and the increasing impact of state ownership control on firms’ degree of globalization demonstrate the evolving relationship between the state and managers and the dynamics of state control in globalizing SOEs. Our state-control perspective on globalization carries significant implications for policy makers and practitioners. 
 

 

Bing Ren, Ph.D in Management, graduated from Chinese University of Hong Kong, is a Professor in the Department of Business Administration of the Business School, Nankai University, China. She is the founder and organizer of Nankai Management Research Salon, the Executive Director of Chinese Network for Social Network Studies (CNSNS) and Former Chief Editor of the Newsletter of CNSNS. Her research interests are related to indigenous Chinese management, entrepreneurial decision-making, and Chinese firms' internationalization. Bing is the principle investigator of three founded projects by the China National Natural Science Foundation and the China Ministry of Education, with the most recent one examining how entrepreneurial firms grow and innovate in a process of creating new institutional regimes or conforming to old frameworks. Bing’s recent publications appear in Strategic Management Journal, Journal of World Business, Asia Pacific Journal of Management (APJM), Management World, and Nankai Business Review, etc.