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J4  2014, Vol. 11 Issue (11): 1611-    DOI:
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CrossCutting Identities of Senior Executives, Strategic Interdependence and the Value of NonSOEs
LI Ling,LI Yanping,TAO Houyong
1.SouthCentral University for Nationalities, Wuhan,China; 2.Wuhan University,Wuhan,China

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Abstract  In this study, the relationship among the crosscutting identities of senior executives, strategic interdependence and the value of nonSOEs is investigated based on the sample of listed companies in China from political ecosystem perspective. The results show that, after controlling of other relevant factors, the scope of crosscutting identities has significantly negative impact on the value of nonSOEs, while the level of crosscutting identities is positive; structural uncertainty and competitive intensity play significantly positive, moderating roles between the crosscutting identities and the value of nonSOEs; crossover strategy has no substantive contribution to the relationship between R&D strategy and the value of nonSOEs, the inclusiveness of crossover strategy and R&D strategy produce “packing effect”; crossover strategy does harm to the relationship between advertisement strategy and the value of nonSOEs, the inclusiveness of crossover strategy and advertisement strategy produce “erosion effect”; while crossover strategy is helpful to the relationship among R&D strategy, advertisement strategy and the value of nonSOEs, the inclusiveness of crossover strategy, R&D strategy, and advertisement strategy produce “synergy effect”.
Key wordscrosscutting identities of senior executives      strategic interdependence      synergy effect      packing effect      erosion effect     
Received: 08 May 2014     
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