Networks and cronyism: A social exchange analysis |
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| Authors: | Thomas M Begley Naresh Khatri Eric W K Tsang |
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| Institution: | (1) Department of Management, Faculty of Commerce, University College Dublin, Blackrock, County Dublin, Ireland;(2) Health Management and Informatics, University of Missouri, 729 Clinical Support & Education Building, Five Hospital Drive, Columbia, MO 65212, USA;(3) School of Management (SM 43), University of Texas at Dallas, 800 W. Campbell Rd., Richardson, TX 75083-0688, USA |
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| Abstract: | From the perspective of social exchange theory, we explore the downside of social networking. In particular, we discuss the
impact of network properties on cronyism. We identify two types of network, clique and entrepreneurial, and two forms of competition,
inter- and intra-network. We argue that network competition generally increases the likelihood of cronyism, and the effect
of competition on cronyism is moderated by network type. We outline directions for future research and derive practical implications. |
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