Ciprian 'Chip' Stan, Ph.D.

Our paper is a starting point for further discussions on the value of political ties in China, their evolutionary trajectory along the process of globalization, and their influence in explaining variability in differentiated performance metrics. Our arguments shed new light on the ongoing debate on the varieties of capitalism. We hope that our work will provide an impetus for additions and extensions that view convergence and divergence as two interrelated and mutually dependent constructs… Show more

Our paper is a starting point for further discussions on the value of political ties in China, their evolutionary trajectory along the process of globalization, and their influence in explaining variability in differentiated performance metrics. Our arguments shed new light on the ongoing debate on the varieties of capitalism. We hope that our work will provide an impetus for additions and extensions that view convergence and divergence as two interrelated and mutually dependent constructs. Ignoring one or the other might generate an incomplete view of the effects of globalization. Show less

Organizational slack has been recognized as critical to firm performance, although its impact is not always positive. Slack may be used to fuel innovation or alternatively excess resources may be squandered on pet projects. However, most research on slack is rooted in studying private firms in developed economies, especially the United States. Whether prior research on organizational slack can readily inform our understanding of state-owned enterprises’ (SOEs) behavior is questionable since… Show more

Organizational slack has been recognized as critical to firm performance, although its impact is not always positive. Slack may be used to fuel innovation or alternatively excess resources may be squandered on pet projects. However, most research on slack is rooted in studying private firms in developed economies, especially the United States. Whether prior research on organizational slack can readily inform our understanding of state-owned enterprises’ (SOEs) behavior is questionable since SOEs prioritize goals such as social welfare and full employment differently than do the privately owned enterprises (POEs). The differences between SOEs and POEs influence their sources and use of slack due to the nature of their ownership, budget constraints, and agency relations. To bring insight to this issue we develop an institutional change lifecycle model to study the relationship between slack and the economic and social aspects of SOE performance. Show less