IEDInternational Economy and Development2995-43392995-4355Art and Technology10.61369/IED.2026020004Article政治关联与企业表现文献综述https://artdesignp.com/journal/IED/4/2/10.61369/IED.2026020004关月盈2026422026-02-20在新兴市场经济体中，企业的非市场资源和政治关系已成为决定战略选择、创新能力和国际化表现的重要因素。高管政治关联不仅提供企业获取稀缺资源、融资便利、政策支持和政府补贴的渠道，还可能影响企业的战略决策模式、创新动力及风险管理行为。随着新兴市场制度环境逐步发展，政治关联在企业绩效中的作用呈现高度异质性：在某些情况下，政治关联能显著促进企业创新和国际化，而在其他情境下，政治关联可能抑制企业的激进创新或导致非最优投资行为。政治关联异质性,制度环境调节效应,企业战略与绩效

[1]He, X. M., & Chen, A. (2022). Impact of Chinese firms’ political connections on EVA performance: the moderating roles of connection heterogeneity and product diversification. Chinese Management Studies, 16(1), 211–230. https://doi.org/10.1108/CMS-09-2020-0377.[2]Liu, Y. E., Zhu, Z. T., Wei, Y. Q., & Wu, L. C. (2025). A Double-Edged Sword: The Two Faces of Political Connections in International Investments of Chinese Firms. Management and organization review, 21(6), 1131–1152. https://doi.org/10.1017/mor.2024.48.[3]Zhong, W. G., & Zheng, Y. F. (2025). Do political connections stifle firm innovation? Natural experimental evidence from China’s anti-corruption campaigns. Strategic Management Journal, 46(5), 1183–1216. https://doi.org/10.1002/smj.3690.[4]Zou, P., & He, J. (2025). Political Connection and Dynamic Adjustment in R&D Investment: Evidence From Chinese Manufacturing Firms. R & D MANAGEMENT, 55(4), 1346–1362. https://doi.org/10.1111/radm.12757.