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This paper advances stakeholder salience theory from the viewpoint of small businesses.

Specifically, the paradoxical nature of close relationships in the salience process is acknowledged and discussed. This article presents a comprehensive analysis of the environment experienced by private businesses in China through examining their relationships with the major stakeholders-namely government, supplier, employee, customer, and competitor.

N2 - The economic importance of the private sector, such as its contribution to GDP or employment creation, is well recognised in research and policy. AB - The economic importance of the private sector, such as its contribution to GDP or employment creation, is well recognised in research and policy.

It is easier for private firms to secure supplies, whether raw materials or manufactured goods. Being outside the state allocation plan, private firms have less access to raw materials and credit. There you have it, the important rules to create success. More recently, positive social and environmental contributions of businesses have been explored and there is a growing body of evidence recognising the potential role of private sector enterprises in contributing to enhanced community resilience.

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