Networks and cronyism: A social exchange analysis

  title={Networks and cronyism: A social exchange analysis},
  author={Thomas M. Begley and Naresh Khatri and Eric W. K. Tsang},
  journal={Asia Pacific Journal of Management},
From the perspective of social exchange theory, we explore the downside of social networking. In particular, we discuss the impact of network properties on cronyism. We identify two types of network, clique and entrepreneurial, and two forms of competition, inter- and intra-network. We argue that network competition generally increases the likelihood of cronyism, and the effect of competition on cronyism is moderated by network type. We outline directions for future research and derive… 

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