An Empirical Study of Guanxi Effect on Power in Context of Business Relationship Dissolution

Power is one of the important factors of firm controlling system,Guanxi,as component of Mianzi,favor and affect,is not only the significant resource but also the effective controlling pattern with situational condition.In the context of business relationship dissolution,data of 312 surveys are collected from Liao ning,Zhejiang and Sichuan Provinces.The results from estimated structural equation model by AMOS 7.0 reveals that Guanxi unique influence through all the phases.Mianzi,favor and affect have more impact on influence than dependence between firm′s powers.With the interaction justice moderating,firm with relatively stronger power will encounter more relationship lost significantly.Results of path analysis show that Guanxi is an important patter for Chinese firms′beautiful exit to decrease the conflict,reserve business chance in the future.However,since the outside factors change,which are running base of Guanxi,its tool value will decline in Chinese market.