Does a micro-macro link exist between managerial value of reciprocity, social capital and firm performance? The case of SMEs in China

Wei Ping WU; Alicia S M LEUNG

doi:10.1007/s10490-005-4119-7

Does a micro-macro link exist between managerial value of reciprocity, social capital and firm performance? The case of SMEs in China

Wei Ping WU^*
, Alicia S M LEUNG

^*Corresponding author for this work

Research output: Contribution to journal › Review article › peer-review

85 Citations (Scopus)

Abstract

With the deepening of China's economic reform, SMEs are starting to gain tremendous economic momentum and play an increasingly irreplaceable role in China's century-long bid for economic resurgence. Using a micro-macro link approach, this study investigates the effects of managerial value of reciprocity on both social capital and firm performance in China's rural SMEs. A structural equation modelling method was used to test hypotheses. Data from 177 SMEs in China provide supporting evidence that there exists a micro-macro link from managerial value of reciprocity, to social capital (trust) and to firm performance (both overall performance and competitiveness improvement).

Original language	English
Pages (from-to)	445-463
Number of pages	19
Journal	Asia Pacific Journal of Management
Volume	22
Issue number	4
DOIs	https://doi.org/10.1007/s10490-005-4119-7
Publication status	Published - Dec 2005

User-Defined Keywords

China
Managerial value of reciprocity
Performance
Rural SMEs
Social capital
Transaction cost economics

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10.1007/s10490-005-4119-7

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title = "Does a micro-macro link exist between managerial value of reciprocity, social capital and firm performance? The case of SMEs in China",

abstract = "With the deepening of China's economic reform, SMEs are starting to gain tremendous economic momentum and play an increasingly irreplaceable role in China's century-long bid for economic resurgence. Using a micro-macro link approach, this study investigates the effects of managerial value of reciprocity on both social capital and firm performance in China's rural SMEs. A structural equation modelling method was used to test hypotheses. Data from 177 SMEs in China provide supporting evidence that there exists a micro-macro link from managerial value of reciprocity, to social capital (trust) and to firm performance (both overall performance and competitiveness improvement).",

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AU - WU, Wei Ping

AU - LEUNG, Alicia S M

PY - 2005/12

Y1 - 2005/12

N2 - With the deepening of China's economic reform, SMEs are starting to gain tremendous economic momentum and play an increasingly irreplaceable role in China's century-long bid for economic resurgence. Using a micro-macro link approach, this study investigates the effects of managerial value of reciprocity on both social capital and firm performance in China's rural SMEs. A structural equation modelling method was used to test hypotheses. Data from 177 SMEs in China provide supporting evidence that there exists a micro-macro link from managerial value of reciprocity, to social capital (trust) and to firm performance (both overall performance and competitiveness improvement).

AB - With the deepening of China's economic reform, SMEs are starting to gain tremendous economic momentum and play an increasingly irreplaceable role in China's century-long bid for economic resurgence. Using a micro-macro link approach, this study investigates the effects of managerial value of reciprocity on both social capital and firm performance in China's rural SMEs. A structural equation modelling method was used to test hypotheses. Data from 177 SMEs in China provide supporting evidence that there exists a micro-macro link from managerial value of reciprocity, to social capital (trust) and to firm performance (both overall performance and competitiveness improvement).

KW - China

KW - Managerial value of reciprocity

KW - Performance

KW - Rural SMEs

KW - Social capital

KW - Transaction cost economics

UR - https://www.scopus.com/pages/publications/32944455421

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DO - 10.1007/s10490-005-4119-7

M3 - Review article

AN - SCOPUS:32944455421

SN - 0217-4561

VL - 22

SP - 445

EP - 463

JO - Asia Pacific Journal of Management

JF - Asia Pacific Journal of Management

IS - 4

ER -

Does a micro-macro link exist between managerial value of reciprocity, social capital and firm performance? The case of SMEs in China

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