Political pluralism, public policies and organizational strategic choices: Branch expansion in Indian banking, 1948 - 2003

Rajiv Kozhikode, Jiatao Li

Research output: Contribution to journalArticleAcademicpeer-review

35 Citations (Scopus)

Abstract

Data on the expansion of 94 commercial banks in India from 1948 to 2003 were analyzed to test the proposition that political pluralism-wherein competing parties control the state and national governments of a nation-can promote business expansion. The results confirm that such political pluralism reduces the power of either government to constrain business decision making but that pluralism might at times lead to unhealthy competition between parties, harming local expansion opportunities. The data show that, in India, banks selectively exploit political pluralism to guide their expansion decisions.

Original languageEnglish
Pages (from-to)339-359
Number of pages21
JournalAcademy of Management Journal
Volume55
Issue number2
DOIs
Publication statusPublished - Apr-2012

Keywords

  • REDISTRIBUTIVE POLITICS
  • JAPANESE FIRMS
  • PANEL-DATA
  • COMPETITION
  • STRATEGY
  • MARKET
  • DETERMINANTS
  • PERFORMANCE
  • EFFICIENCY
  • DISCRETION

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