Rao-Nicholson, Rekha, Khan, Zaheer, Marinova, Svetla (2019) Balancing Social and Political Strategies in Emerging Markets: Evidence from India. Business Ethics: A European Review, 28 (1). pp. 56-70. ISSN 0962-8770. E-ISSN 1467-8608. (doi:10.1111/beer.12206) (KAR id:68832)
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Official URL: https://doi.org/10.1111/beer.12206 |
Abstract
This article explores the substitution and complementary effects between political and social
strategies on firm performance in the context of an emerging market (EM). Using in-depth,
historical case-study approach, the article investigates how companies integrate political and
social resources in this market. Corporate performance includes traditional measures such as
accounting performance and nonfinancial measures like the ease of doing business. The study
finds that social strategies are stronger enablers of firm long-term performance than political
strategies. The latter have a short-term impact on performance, but their success over time is
limited. The main drawback of reliance on political resources in EMs is the lack of political
stability, fragmented polity, and weak political coalitions. We identify rather limited evidence
of firms using these two strategies as complements. Thus, we suggest that firms should
employ both these strategies in the EM.
Item Type: | Article |
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DOI/Identification number: | 10.1111/beer.12206 |
Uncontrolled keywords: | political strategies, social strategies, non-market strategies, emerging market, India |
Subjects: | H Social Sciences |
Divisions: | Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business |
Depositing User: | Zaheer Khan |
Date Deposited: | 28 Aug 2018 10:57 UTC |
Last Modified: | 05 Nov 2024 12:30 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/68832 (The current URI for this page, for reference purposes) |
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