Effects of Top Managers' Emotions on Cross-Regional Integration in China's Family Firms

Shenglei Pi; Tiebo Song; Hanlin Lan

doi:10.3868/s070-002-013-0005-8

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Front. Bus. Res. China ›› 2013, Vol. 7 ›› Issue (1) : 106-118. DOI: 10.3868/s070-002-013-0005-8

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Effects of Top Managers' Emotions on Cross-Regional Integration in China's Family Firms

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Abstract

Market fragmentation, a Chinese institutional characteristic, has been regarded as an important determinant of top managers’ strategic decisions in Chinese firms. This paper explores how individual affective traits of top managers in family firms affect their strategy formulation process when facing market fragmentation and cross-regional integration. Affective traits of top managers are found to be significantly related to firm strategic choices. There is also evidence showing that market fragmentation is caused mainly by government power division and institutional differentiation.

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affective traits / strategic choice / market fragmentation

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Shenglei Pi, Tiebo Song, Hanlin Lan. Effects of Top Managers' Emotions on Cross-Regional Integration in China's Family Firms. Front Bus Res Chin, 2013, 7(1): 106‒118 https://doi.org/10.3868/s070-002-013-0005-8