Akademik Məlumat İdarəetmə Sistemi
The 85th Annual Meeting of the Academy of Management, Kobenhavn, Denmark, 25 - 29 July 2025, vol.2025, no.1, pp.1-35, (Summary Text)
This paper investigates the political ties and the managerial capabilities nexus in state-owned enterprises (SOEs). We present the implications of political ties from an intra-organisational perspective in the context of four SOEs in Turkey, an emerging yet understudied economy with strong ties between the government and civil society. The study mixes a qualitative and a quantitative approach on the effect of political ties and managerial capabilities on SOEs’ performance. Our results indicate a reciprocal moderation among political ties and specific managerial capabilities, pinpointing that the right blend of managerial capabilities and political connections can positively impact organisational outcomes. Political ties within the hierarchy of state capitalism provide the space for managerial capabilities to be realised, but they also impose political objectives on the organisation. Consequently, political ties without adequate managerial capabilities hinders SOEs’ performance. Our study explores a case that diverges from the mainstream research and contribute to our understanding of corporate governance in the context of state capitalism and its impact on the management of firms. The implications are crucial in distinguishing the state mechanisms of control over SOEs’ strategies and the relevance of the political ties of managers.