Political Connections and Business Strategy in Dynamic Environments: How Types and Destinations of Political Ties Affect Business Diversification in Closed and Open Political Economic Contexts

Global Strategy Journal, pp. 375-399, 2017.

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Abstract:

As a closed political economy becomes more open, the types and destinations of political ties that generate strategic benefits for firms change. In closed markets, the greatest benefits arise from formal ties to central political leaders. In more open markets, the benefits shift to informal ties with a broader range of political actors, i...More

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