Sung Jin Choi

This paper investigates how the structure of political institutions influences the effectiveness of corporate political lobbying by shaping the “veto points” and “entry points” that lobbying firms encounter and require, respectively, when attempting to influence public policies; in so doing, this study deepens our understanding of the strategic implications of institutional environments. Using large-sample and cross-country firm-level data, we find that the influence of firms’ lobbying activitie

Using survey data for a sample of high-tech small and medium-sized enterprises (SMEs) in the Zhongguancun Science Park in Beijing, we examine the impact of returnee CEOs on the innovation performance of SMEs. Based on both quantitative and qualitative analyses, we find that firms with returnee CEOs are not more innovative than firms without returnee CEOs. However, returnee CEOs do have a positive impact on firms’ innovation performance when they work in publicly owned firms, when they have ties

Purpose Firms influence a government to their advantage in one of two ways: either through lobbying a government to change the rule, or through bribing bureaucrats to circumvent the rule. The purpose of this paper is to investigate whether and under what conditions do corporate political activities facilitate firm growth in a multinational context, especially in developing economies. Design/methodology/approach This study is based on the data of the World Bank’s Enterprise Survey, conducted by t

This paper builds on resource-based and network theories to pose an integrative framework for understanding diversification strategy of MBA curricula in Chinese business schools. Using a data set collected from 41 schools offering MBA degrees, we find that returnee faculty members exhibit a curvilinear effect on curricular diversification. We also find that network centrality moderates the relationship between returnee faculty members and diversification in those educational institutions with in

Purpose This research investigates how and why firms adopt inclusive diversity activities, identifying the mechanisms behind firms involved in lesbian, gay, bisexual and transgender (LGBT)–friendly pursuits. By integrating resource dependence theory, institutional theory and stakeholder theory, the authors argue that a firm's LGBT friendliness is affected by marketing orientation and the external political environment. Design/methodology/approach This study uses the Corporate Equality Index, as

The activities and consequences of workplace bullying and harassment have been widely explored in the literature but mainly studied within the scope of individuals or at the team level. Taking a holistic approach, we associate the concept of bullying with firm-level performance as well as stakeholders' responses in the market. In this paper, we examine whether and how market investors react to the news of corporate harassment by top officials of publicly listed firms in Korea. Using a standard e

This article suggests that the cultural distance between participating and host countries can be a new determinant of medal performance at international sports competitions. Prior research has mainly focused on single-country variables, including population size, GDP, political system, and home advantage. This paper provides a unique perspective on the determinants of medals won at the Summer Olympic Games and argues that the gap between host and participant countries may explain the substantial

Shared growth effort, which is also known as mutual growth, has emerged as one of the most important keywords in Korean economy. This study examines whether a conglomerate’s shared growth effort evaluated by the Shared Growth Commission is valued by market investors. Using our full sample, we find that firms participating in shared growth evaluation have a higher firm value. The results from the full sample show that firm’s effort on shared growth is rewarded in the Korean capital market. Howeve