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English Abstract: The entrepreneurs try their best to obtain all sorts of sparse resources from the governments to develop their firms, thus they positively build all kinds of relations with the governments. However, owning the weak political connections the entrepreneur can only access to these...
Persistent link: https://www.econbiz.de/10013001061
English Abstract: Slack can prevent the substantive loss of enterprise suffering from the uncertainty, but it leads to inefficiency because of the large carrying cost. The ideal status is that the enterprise carries less slack and has the competency of response to the unexpected circumstances....
Persistent link: https://www.econbiz.de/10013001547