Why are social network transactions important? Evidence based on the concentration of key suppliers and customers in China

Based on a new institutional economy framework, this study examines the formation and economic consequences of social networks (guanxi) from the perspective of key suppliers and customers in China. Results show that commercial activities which depend on networks are determined by the institutional e...

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Bibliographic Details
Main Author: Xiang Kong
Format: Article
Language:English
Published: Elsevier 2011-09-01
Series:China Journal of Accounting Research
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S1755309111000165

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