An empirical study of SOEs' market orientation in transitional China

An empirical study of SOEs' market orientation in transitional China
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DOI:
10.1007/s10490-006-6117-9
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发表时间:
2006-03
影响因子:
5.4
通讯作者:
Yuan Li;Yong Sun;Yi Liu
Yuan Li;Yong Sun;Yi Liu
中科院分区:
管理学3区
文献类型:
--
作者:
Yuan Li;Yong Sun;Yi Liu

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本文运用制度理论,考察了转型时期中国领导下的国有企业市场化的影响因素和结果。一项对274家国有企业的调查显示,市场导向与各种组织绩效指标之间存在着强烈的正相关关系。此外,市场竞争压力、规范的公司治理和较少的政府控制也促进了转型时期国有企业的市场化。这些结果支持这样的观点,即市场导向会带来更好的业绩,在中国企业的战略研究中应该考虑制度因素。
Using institutional theory, this paper investigates the antecedents and outcomes of market orientation in state-owned enterprises (SOEs) in transitional China. A survey of 274 SOEs demonstrates a strong positive relationship between market orientation and various measures of organizational performance. Additionally, market competitive pressure, formalized corporate governance, and less government control are found to promote market orientation of SOEs in the transitional period. These results support the views that market orientation leads to better performance and that institutional factors should be considered in studies of strategy in Chinese firms.