|
|
|
|
||||
|
||||
Is Entrepreneur-Politician Alliance Sustainable During Transition? The Case of Management Buyouts in ChinaPei SunNottingham University Business School Mike WrightNottingham University Business School Kamel MellahiThe University of Sheffield; Loughborough University - Management School February 8, 2010 Nottingham University Business School Research Paper No. 2010-02 Abstract: This paper explores the dynamic interactions between entrepreneurs and politicians in transition China through an unconventional lens of management buyouts (MBOs). Specifically we identify two contrasting outcomes of entrepreneur-politician alliances: Privatization buyouts by entrepreneurs and failed MBOs implying the collapse of the original alliance. Drawing on the rent appropriation literature, we treat Chinese MBOs as a bargaining, clarification, and redistribution of organizational rent between entrepreneurs and politicians, and further develop a model of entreprepreneur-politician bargaining that identifies the determinants of varying rent bargaining (MBO) outcomes.
Number of Pages in PDF File: 59 Keywords: Entrepreneur, Politician, Management Buyout (MBO), China, Transition working papers seriesDate posted: February 8, 2010Suggested CitationContact Information
|
|
|||||||||||||||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo3 in 0.797 seconds
