Prior research on firm behavior in emerging economies like China has highlighted the extensive building and use of political ties by business managers. However, there are mixed findings regarding the value of political ties on firm performance. In this study, we propose a task-contingency...

Integrating signaling theory with social network theory, we investigate the influence of venture capitalists' (VCs') IPO experience on the likelihood of foreign IPO successes. Using data from VC-backed Chinese companies listed on the U.S. or Chinese stock markets from 2002 to 2012, we find that...