Symbiotic ownership, cultural alignment, and firm performance: A test among international strategic alliances

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• 作者：Ji Li^a ; Chris W.L. Chu^b ; Xinran Wang^c ; Hong Zhu^c ; Guiyao Tang^d ; ^{tangguiyao2010@gmail.com} ; Yuanyi Chen^c
• 关键词：Firm performance ; Industry symbiosis ; Insurance industry ; Multinational enterprises ; Organizational culture
• 刊名：International Business Review
• 出版年：2012
• 出版时间：December, 2012
• 年：2012
• 卷：21
• 期：6
• 页码：987-997
• 全文大小：373 K

文摘

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.