IDEAS home Printed from https://ideas.repec.org/a/spr/qualqt/v58y2024i2d10.1007_s11135-023-01693-w.html
   My bibliography  Save this article

Does politician turnover foster firm risk-taking? The moderating role of political ties heterogeneity

Author

Listed:
  • Fei Tang

    (Guizhou University)

  • Lu Zhang

    (Hunan First Normal University)

Abstract

Many studies have addressed the issues of political risk while these studies have given scarce attention to politician turnover. This study thus draws from environmental uncertainty theory to explore the main issues that whether and how politician turnover affects firm risk-taking. The samples of this study are the publicly listed Chinese firms from the period of 2008–2016, and this study utilized the Generalized Estimate Equation tool for the hypothesis test. The results show that: (1) politician turnover has a significantly positive effect on firm risk-taking, that is, when firms are present in the context of politician turnover, their risk-taking tend to become stronger; (2) political ties enhance this positive effect; that is, both state ownership ties and managerial political ties positively moderate the positive effect of politician turnover on firms’ risk-taking. The findings of the study contribute new insights to the literature on politician turnover and benefit firms in dealing with political risk.

Suggested Citation

  • Fei Tang & Lu Zhang, 2024. "Does politician turnover foster firm risk-taking? The moderating role of political ties heterogeneity," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(2), pages 1279-1301, April.
    • Handle: RePEc:spr:qualqt:v:58:y:2024:i:2:d:10.1007_s11135-023-01693-w
    DOI: 10.1007/s11135-023-01693-w
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11135-023-01693-w
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11135-023-01693-w?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:qualqt:v:58:y:2024:i:2:d:10.1007_s11135-023-01693-w. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.