Rhetoric and Authority in a Polarized Transition: The Development of China’s Stock Market
SMC Affiliated Work
School of Economics and Business Administration
Organizations and Responsible Business
Journal of Management Inquiry
How do actors in positions of authority attempt to justify their right to rule while introducing controversial institutional practices that potentially delegitimate their authority? China’s reform leaders have found themselves in a legitimacy conundrum when they established and developed the stock market, yet have been able to assert a central role for the party-state in managing the stock market. Using a critical rhetorical perspective, we analyze how actors use “rhetorical genres,” that is, argumentation and narration with differing content and style, to construct new roles of the speaker and speaker–audience relationships that imply new bases of authority, and how these rhetorical genres can be conceptualized as “discursive spaces” that could accommodate contradictions in the rhetorical situations characterized by polarization in ideologies and interests.
institutional theory, legitimacy, communication, content analysis, qualitative research
Business | Business Law, Public Responsibility, and Ethics | Economics | Organizational Behavior and Theory
Li, Y., Green, S., & Hirsch, P. (2018). Rhetoric and authority in a polarized transition: The development of China’s stock market. Journal of Management Inquiry, 27(1), 69-95.
Li, Yuan; Green, Sandy E.; and Hirsch, Paul M.. Rhetoric and Authority in a Polarized Transition: The Development of China’s Stock Market (2018). Journal of Management Inquiry. 27 (1), 69-95. 10.1177/1056492616682620 [article]. https://digitalcommons.stmarys-ca.edu/school-economics-business-faculty-works/330