Institutions and managerial task allocation: evidence from Chinese entrepreneurs

This study presents theoretical and empirical analyses of the time allocation of entrepreneurs as a response to weak property rights protection. Using a nationwide random-sample survey of more than 3,000 entrepreneurs in over 100 cities in China, we find that entrepreneurs, responding to the violati...

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Main Authors: Guo, Di, Jiang, Kun, Xu, Chenggang
Format: Article
Published: University of Chicago Press 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/50060/
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author Guo, Di
Jiang, Kun
Xu, Chenggang
author_facet Guo, Di
Jiang, Kun
Xu, Chenggang
author_sort Guo, Di
building Nottingham Research Data Repository
collection Online Access
description This study presents theoretical and empirical analyses of the time allocation of entrepreneurs as a response to weak property rights protection. Using a nationwide random-sample survey of more than 3,000 entrepreneurs in over 100 cities in China, we find that entrepreneurs, responding to the violation of property rights, spend large proportions of their working time on lobbying activities to protect their businesses at a cost to management time. Moreover, the sensitivity of lobbying time to property rights protection is reduced if the entrepreneur is politically connected or if the firm is larger or older.
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spelling nottingham-500602020-05-04T19:03:18Z https://eprints.nottingham.ac.uk/50060/ Institutions and managerial task allocation: evidence from Chinese entrepreneurs Guo, Di Jiang, Kun Xu, Chenggang This study presents theoretical and empirical analyses of the time allocation of entrepreneurs as a response to weak property rights protection. Using a nationwide random-sample survey of more than 3,000 entrepreneurs in over 100 cities in China, we find that entrepreneurs, responding to the violation of property rights, spend large proportions of their working time on lobbying activities to protect their businesses at a cost to management time. Moreover, the sensitivity of lobbying time to property rights protection is reduced if the entrepreneur is politically connected or if the firm is larger or older. University of Chicago Press 2017-09-01 Article PeerReviewed Guo, Di, Jiang, Kun and Xu, Chenggang (2017) Institutions and managerial task allocation: evidence from Chinese entrepreneurs. Journal of Human Capital, 11 (3). pp. 397-422. ISSN 1932-8664 institution property rights entrepreneurship time allocation Chinese economy https://www.journals.uchicago.edu/doi/10.1086/692844 doi:10.1086/692844 doi:10.1086/692844
spellingShingle institution
property rights
entrepreneurship
time allocation
Chinese economy
Guo, Di
Jiang, Kun
Xu, Chenggang
Institutions and managerial task allocation: evidence from Chinese entrepreneurs
title Institutions and managerial task allocation: evidence from Chinese entrepreneurs
title_full Institutions and managerial task allocation: evidence from Chinese entrepreneurs
title_fullStr Institutions and managerial task allocation: evidence from Chinese entrepreneurs
title_full_unstemmed Institutions and managerial task allocation: evidence from Chinese entrepreneurs
title_short Institutions and managerial task allocation: evidence from Chinese entrepreneurs
title_sort institutions and managerial task allocation: evidence from chinese entrepreneurs
topic institution
property rights
entrepreneurship
time allocation
Chinese economy
url https://eprints.nottingham.ac.uk/50060/
https://eprints.nottingham.ac.uk/50060/
https://eprints.nottingham.ac.uk/50060/