Symbiotic ownership,cultural alignment,and firm performance: A test among international strategic alliances |
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| Authors: | Ji Li Chris W.L. Chu Xinran Wang Hong Zhu Guiyao Tang Yuanyi Chen |
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| Affiliation: | 1. Department of Management, School of Business Administration, Hong Kong Baptist University, Kowloon Tong, Kowloon, Hong Kong, China;2. The Surrey Business School, University of Surrey, Guildford GU2 7XH, UK;3. Department of Management, Hong Kong Baptist University, Kowloon Tong, Kowloon, Hong Kong, China;4. School of Management, Shandong University, Shandong Province, Ji’nan City, China;1. School of Business, Hohai University, Nanjing 211100, PR China;2. Department of Land Management, Zhejiang University, Hangzhou 310058, PR China;1. School of Business and Management, Donghua University, 1882 Yan''an Road West, Changning, 200051, Shanghai, China;2. Grossman School of Business, University of Vermont, 55 Colchester Ave., Burlington, VT, 05401, United States;3. School of Management, Curtin University, Australia;1. Laboratory of Materials, Processes, Environment and Quality, Cady Ayyed University, National School of Applied Sciences, PB 63 46000, Safi, Morocco;2. Laboratoire de Magnétisme et Physique des Hautes Energies L.M.P.H.E.URAC 12, Université Mohammed V, Faculté des Sciences, B.P. 1014, Rabat, Morocco;3. Institute of Nanomaterials and Nanotechnologies, MAScIR, Rabat, Morocco;4. Hassan II Academy of Science and Technology, Rabat, Morocco;1. Eli Broad Graduate School of Management, Michigan State University, 632 Bogue Street, East Lansing, MI 48824, United States;2. Department of Management, College of Business Administration, San Diego State University, 5500 Campanile Drive, San Diego, CA 92182, United States;3. James K. Batten Eminent Scholar Chair in International Business, Department of Management and International Business, College of Business Administration, Florida International University, 11200 S.W. 8th St, Mango 448, Miami, FL 33199, United States;1. Saint Joseph''s University, College of Business, 5600 City Avenue, Philadelphia, PA 19131, United States;2. School of Management, The University of Texas at Dallas, P.O. Box 830688, SM 43, Richardson, TX 75083, United States;3. Fisher College of Business, The Ohio State University, 724 Fisher Hall, 2100 Neil Avenue, Columbus, OH 43210, United States;1. Faculty of Business Administration, University of Macau, Avenida da Universidade, Taipa, Macau, China;2. NUS Business School, National University of Singapore, 15 Kent Ridge Drive, 199245 Singapore |
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| Abstract: | Based on a sample of 61 international firms in China with industry symbiosis, we examine the effects of cultural alignment on firm performance. We first predict that symbiosis will have a negative effect on firm performance. After that, focusing on the most dimension of culture, i.e., collectivism/individualism, we also predict that in a society with a high collectivistic value, organizational collectivism will be positively correlated with firm performance because of its alignment with the prevailing societal culture. Finally, we predict that this cultural value should have a moderating effect on the relationship between symbiosis and performance. Data are collected from multiple sources to test these predictions. The results of the data analyses show the benefits of building a collectivistic organizational culture for firms with a high level of industry symbiosis. |
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