Department Seminar Series - May 2017 Dr Gracy Yang

Department Seminar Series - May 2017 Dr Gracy Yang

Corruption and Nascent Venture Creation Efforts in a Transition Economy: The Moderating Role of Social–cultural Climate

Dr Gracy Yang

University of Sydney Business School

Abstract:  This study investigates when the pervasiveness and arbitrariness of government corruption inhibit and facilitate new venture creation in a transition economy. Using data from a survey of 321 nascent entrepreneurs in China, we found that both the pervasiveness and arbitrariness of government corruption increase nascent entrepreneurs’ likelihood of discontinuing start-up efforts, generally showing a detrimental effect. However, the detrimental effect of pervasive corruption becomes weaker when the social–cultural climate is perceived hostile for nascent entrepreneurs. The detrimental effect of arbitrary corruption, by contrast, weakens when the social–cultural climate is more favorable. The findings highlight different impacts of two dimensions of government corruption on nascent entrepreneurs’ new venture creation efforts in presence of varying social–cultural support in different subnational locations of a transition economy.

Bio:  Gracy (J.Y.) Yang is currently a senior lecturer in the Discipline of International Business at the University of Sydney Business School.  She received her Ph.D. in management from the Hong Kong University of Science and Technology. Her current research interests include global corporate strategy, management and organizations in transition/emerging economies, organizational learning and change, organizational and inter-organizational networks. Gracy has published her research in journals such as Academy of Management Journal, Organization Science, Asia Pacific Journal of Management, and Long Range Planning.

Title: Corruption and Nascent Venture Creation Efforts in a Transition Economy: The Moderating Role of Social–cultural Climate

Speaker: Dr Gracy Yang, University of Sydney Business School

Time: Tuesday 2 May 2017, 3:00pm – 4:00pm

Venue: E4A523 Seminar Room

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