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 LEUNG

Research output: Journal PublicationsJournal Article (refereed)peer-review

76 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 languageEnglish
Pages (from-to)445-463
Number of pages19
JournalAsia Pacific Journal of Management
Volume22
Issue number4
DOIs
Publication statusPublished - 1 Dec 2005

Keywords

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

Fingerprint Dive into the research topics of 'Does a micro-macro link exist between managerial value of reciprocity, social capital and firm performance? The case of SMEs in China'. Together they form a unique fingerprint.

Cite this