Közgazdaság- és Regionális Tudományi Kutatóközpont Magyar Tudományos Akadémia Kiváló Kutatóhely

Esemény kezdete: 2016.03.17. 14:00

Esemény vége: 2016.03.17. 16:00

Hely: MTA Kutatóház 1112 Budapest Budaörsi út 45.804-807-es előadóterem.

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Szeidl Ádám /CEU/:  Vállalatok közötti kapcsolatok és üzleti teljesítmény

Interfirm Relationships and Business Performance
Jing Cai and Adam Szeidl

Abstract
We organize regular business meetings for randomly selected managers of young Chinese firms to study the effect of business networks on firm performance. We randomize 2,800 managers into several groups that hold monthly meetings, and a “no-meetings” control group. We survey all firms before and after the one-year intervention. We find that: (1) The meetings increase firm sales by 7.7 percentage points, and also increase profits, employment, productivity, and the number of business partners. (2) Firms randomized into groups with larger peer firms exhibit higher growth. (3) The meetings help diffuse randomly distributed business-relevant information. (4) Managers create more business partnerships with, and exhibit higher trust towards, those they meet every month than those they meet at one-time cross group meetings. Experimenter demand effects and other omitted variables are unlikely to explain all the results. We discuss policy implications for business associations in developing countries.