Mixed effects of business and political ties in planning flexibility: Insights from Turkey

Name: Mixed effects of business and political ties in planning flexibility: Insights from Turkey
Author: Yeniaras, Volkan, Kaya, İ., Dayan, M.

İsim	Mixed effects of business and political ties in planning flexibility: Insights from Turkey
Yazar	Yeniaras, Volkan, Kaya, İ., Dayan, M.
Basım Tarihi:	2020-05
Basım Yeri	- Elsevier
Konu	Dynamic capabilities, Relational governance, Business ties, Political ties, Firm performance, Planning flexibility
Tür	Süreli Yayın
Dil	İngilizce
Dijital	Evet
Yazma	Hayır
Kütüphane:	Özyeğin Üniversitesi
Demirbaş Numarası	0019-8501
Kayıt Numarası	9a6c703c-213b-4f7c-be7d-a4e44c4cfce2
Lokasyon	Business Administration
Tarih	2020-05
Notlar	American University of Sharjah
Örnek Metin	Despite increasing attention to the role of business and political ties in emerging economies, few studies have explicitly investigated their relations to dynamic capabilities outside of the East-Asian context. Following the relevant literature that proposes that both business and political ties are related to firm performance, this study refines the explanatory role of planning flexibility in how business and political ties relate to both financial and non-financial firm performance. Drawing from dynamic capabilities view and applying partial least squares structural equation modeling to data from 302 small and medium-sized enterprises (SMEs) in Turkey, we find that, while business ties are positively related to planning flexibility, political ties have a negative association with planning flexibility. Moreover, we provide empirical evidence that planning flexibility positively mediates the relationship between business ties and financial and non-financial performance. Conversely, there exists a negative indirect relationship between political ties and financial and non-financial performance. Our findings have significant implications for firms and managers, who should assess the benefits and costs embedded within business and political ties to improve firm performance.
DOI	10.1016/j.indmarman.2020.01.002
Cilt	87

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Mixed effects of business and political ties in planning flexibility: Insights from Turkey

Yazar Yeniaras, Volkan, Kaya, İ., Dayan, M.

Basım Tarihi 2020-05

Basım Yeri - Elsevier

Konu Dynamic capabilities, Relational governance, Business ties, Political ties, Firm performance, Planning flexibility

Tür Süreli Yayın

Dil İngilizce

Dijital Evet

Yazma Hayır

Kütüphane Özyeğin Üniversitesi

Demirbaş Numarası 0019-8501

Kayıt Numarası 9a6c703c-213b-4f7c-be7d-a4e44c4cfce2

Lokasyon Business Administration

Tarih 2020-05

Notlar American University of Sharjah

Örnek Metin Despite increasing attention to the role of business and political ties in emerging economies, few studies have explicitly investigated their relations to dynamic capabilities outside of the East-Asian context. Following the relevant literature that proposes that both business and political ties are related to firm performance, this study refines the explanatory role of planning flexibility in how business and political ties relate to both financial and non-financial firm performance. Drawing from dynamic capabilities view and applying partial least squares structural equation modeling to data from 302 small and medium-sized enterprises (SMEs) in Turkey, we find that, while business ties are positively related to planning flexibility, political ties have a negative association with planning flexibility. Moreover, we provide empirical evidence that planning flexibility positively mediates the relationship between business ties and financial and non-financial performance. Conversely, there exists a negative indirect relationship between political ties and financial and non-financial performance. Our findings have significant implications for firms and managers, who should assess the benefits and costs embedded within business and political ties to improve firm performance.

DOI 10.1016/j.indmarman.2020.01.002

Cilt 87