Does managerial networking impinge our morality in Guanxi context? The moderating effect of corruption perception |
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| Institution: | 1. School of Management, Zhejiang University of Technology, Hangzhou 310012, PR China;2. School of Business and Information Technology, Missouri University of Science and Technology, Rolla, MO 65409, United States of America;1. Department of Finance, Corvinus University of Budapest, F?vám tér 8, Budapest, 1093, Hungary;2. Asia-Europe Institute, Universiti Malaya, Jln Profesor Diraja Ungku Aziz, 50603 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia;3. Department of Finance, Budapest Business School University of Applied Sciences, Buzogány u. 10-12, Budapest 1149, Hungary;1. Economist at the International Monetary Fund, Washington, D.C., USA;2. Department of Finance, Insurance and Real Estate, Laboratory for Financial Engineering of Laval University, Faculty of Business Administration, Laval University, Quebec, Canada;3. CEO of the Bourse Régionale des Valeurs Mobilières (BRVM), Abidjan, Côte d''Ivoire;1. Academy of Mathematics and Systems Science, Chinese Academy of Science, China;2. School of Business, University of Wollongong, Australia;3. School of Sociology and Political Science, Shanghai University, China;4. School of Public Economics and Administration, Shanghai University of Finance and Economics, China |
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| Abstract: | This study explores the relationship between managerial networking and corporate morality in a guanxi context where personal relationship is widely used for organizational purposes. Using a sample of 6361 Chinese private firms, we find a significantly positive relationship between managerial networking and corporate social responsibility, including corporate charitable donations and environmental protection, and an insignificant relationship between managerial networking and the prevalence of business bribery. We also find that such relationships depend on corruption perception, that is, when corruption perception is high, the negative effects of managerial networking are more likely to rise but the positive effects of managerial networking are more likely to be weakened. These results are robust and consistent across various measurements and models. |
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| Keywords: | Business bribery |
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