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Risk Aversion and Guanxi Activities: A Behavioral Analysis of CEOs in China

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In China, the strategic use of personal relationships is pervasive in transactions with government authorities as well as in interfirm relations. Explanations as to when and why firms rely on… Click to show full abstract

In China, the strategic use of personal relationships is pervasive in transactions with government authorities as well as in interfirm relations. Explanations as to when and why firms rely on guanx...

Keywords: behavioral analysis; risk aversion; aversion guanxi; china; activities behavioral; guanxi activities

Journal Title: Academy of Management Journal
Year Published: 2017

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