A model of close business relationships in China (guanxi)
Article publication date: 1 February 2001
Examines the antecedents and consequences of close business relationships (guanxi) in China. We hypothesize that decision‐making uncertainty and perceived similarity positively affect guanxi, whereas opportunism negatively affects guanxi. We also hypothesize that guanxi positively affects business performance, mediated by relationship quality and interdependence. An empirical study of Hong Kong and mainland China business relationships generally supports the model. The managerial implications are discussed.
Lee, D., Pae, J.H. and Wong, Y.H. (2001), "A model of close business relationships in China (guanxi)", European Journal of Marketing, Vol. 35 No. 1/2, pp. 51-69. https://doi.org/10.1108/03090560110363346
MCB UP Ltd
Copyright © 2001, MCB UP Limited