... at both the firm level and the personal level. Second, the pursuit of exercising simultaneously several layers of embeddedness may be detrimental to company performance. This study provides generalizable lessons regarding different embeddedness layers beyond the context of China’s transition economy...

...Zhiqiang Li; Qinqin Zheng Purpose This paper aims to examine how firms respond to societal moral degradation in a transition economy from the corporate social responsibility (CSR) perspective. Design/methodology/approach Based on a survey of 302 firms operating in China and using hierarchical...

... our conclusions. While this exploratory research discloses multiple logics behind firm decision making in a transition economy, it has some limitations. Our data were collected from company reports and case studies, and are thus not complete because they do not include interviews with executives...