Abstract In nonlinearity view, the paper studies the relationships between private corporations’ PC scale and financial performance and governance level by PC index. An upside down “U”-shaped relationships between PC scale and financial performance as well as governance level in private compnies have been found, which proves that there does exist an optimal PC scale maximizing both financial performance and governance level. The conclusion manifests that private companies are able to perform tactical PC behavior so as to avoid financial and governing risk with efficient rescource allocation for a sustainable development.
WANG Xu. Corporations’ Tactical Political Connection under the Nonlinear View: a Study Based on Private Companies’ Panel Data. Economic Survey, 2013, 1(2): 0100.
2013, Vol. 1 
