Values Evolution in Transitional China: An Institutional Perspective

The values are greatly affected by the social and economic environment of a country. Thus, social transformation can lead to the values evolution. China has been experiencing a huge social, political, and economic transition in the past four decades. The previous studies that explore the value chang...

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Main Authors: Gong Sun, Jian Li
Format: Article
Language:English
Published: Frontiers Media S.A. 2021-11-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2021.792707/full
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author Gong Sun
Jian Li
author_facet Gong Sun
Jian Li
author_sort Gong Sun
collection DOAJ
description The values are greatly affected by the social and economic environment of a country. Thus, social transformation can lead to the values evolution. China has been experiencing a huge social, political, and economic transition in the past four decades. The previous studies that explore the value changes in China mainly compare the values across the regions or generation cohorts. This research investigates the issue from an institutional perspective. Specifically, we propose that the diversification of ownership types—the essence of the economic and institutional reform since 1978 may result in value change. By surveying 327 participants from the state-owned enterprises (SOEs) and 220 respondents from the privately owned enterprises (POEs), the comparisons between SOEs and POEs on four value dimensions—individualism, power distance, risk aversion, and money orientation—were performed. The results basically support cross-vergence theory in the values evolution. The implications and limitations are presented as well.
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spelling doaj.art-e7c3ec54b88341058d52248c7e5ed8f92022-12-21T19:16:06ZengFrontiers Media S.A.Frontiers in Psychology1664-10782021-11-011210.3389/fpsyg.2021.792707792707Values Evolution in Transitional China: An Institutional PerspectiveGong Sun0Jian Li1Business School, Changshu Institute of Technology, Suzhou, ChinaSchool of Management, Minzu University of China, Beijing, ChinaThe values are greatly affected by the social and economic environment of a country. Thus, social transformation can lead to the values evolution. China has been experiencing a huge social, political, and economic transition in the past four decades. The previous studies that explore the value changes in China mainly compare the values across the regions or generation cohorts. This research investigates the issue from an institutional perspective. Specifically, we propose that the diversification of ownership types—the essence of the economic and institutional reform since 1978 may result in value change. By surveying 327 participants from the state-owned enterprises (SOEs) and 220 respondents from the privately owned enterprises (POEs), the comparisons between SOEs and POEs on four value dimensions—individualism, power distance, risk aversion, and money orientation—were performed. The results basically support cross-vergence theory in the values evolution. The implications and limitations are presented as well.https://www.frontiersin.org/articles/10.3389/fpsyg.2021.792707/fullvaluesevolutionChinatransitioninstitution
spellingShingle Gong Sun
Jian Li
Values Evolution in Transitional China: An Institutional Perspective
Frontiers in Psychology
values
evolution
China
transition
institution
title Values Evolution in Transitional China: An Institutional Perspective
title_full Values Evolution in Transitional China: An Institutional Perspective
title_fullStr Values Evolution in Transitional China: An Institutional Perspective
title_full_unstemmed Values Evolution in Transitional China: An Institutional Perspective
title_short Values Evolution in Transitional China: An Institutional Perspective
title_sort values evolution in transitional china an institutional perspective
topic values
evolution
China
transition
institution
url https://www.frontiersin.org/articles/10.3389/fpsyg.2021.792707/full
work_keys_str_mv AT gongsun valuesevolutionintransitionalchinaaninstitutionalperspective
AT jianli valuesevolutionintransitionalchinaaninstitutionalperspective