Understanding Chinese Firms From Multiple Perspectives

Previous analysis on the “Chinese Economic Miracle” mostly talks about macro-economy but neglects the study on the basic element of the Chinese Miracle – the enterprises. With China’s economic rise, Chinese enterprises experienced a rapid process of adaptation, change and development, and also become strong competitors in the world market. This book sets forth the explorations and thoughts on Chinese enterprise management practices from both academic and practical perspective, extracts the management theory of Chinese characteristics, and represents the efforts to establish and develop Chinese organization and management.

M&A transactions are significantly more complex processes than the mere purchase and sale of goods - SMEs can quickly find themselves in unfamiliar territory - especially when it comes to multi-layered activities with players from completely different cultures, especially from China, as Germany's largest foreign trade partner. The need for knowledge in practice is correspondingly great. This edited volume therefore brings together, on a theoretical basis, the practical knowledge needed for the successful planning, implementation and integration of German-Chinese corporate takeovers in the SME sector. After a compact presentation of the economic background, cultural aspects of negotiation and regulatory framework conditions, the course of corporate transactions and their German-Chinese peculiarities are dealt with in detail. The book concludes with a guide to the core aspects of such transactions and an exemplary presentation of case studies. In generally understandable language and well illustrated, the success factors as well as possible stumbling blocks are revealed. A clearly structured and cleverly formulated handbook that every player should have at hand.

Much has been written about China’s economy, as well as its business management system. China's Global Political Economy, however, is designed to bring together these two perspectives, serving to enhance our understanding of China’s growing global role. Examining changes in the management strategies of foreign companies investing in China and Chinese enterprises doing business overseas, this book analyses China’s political economy in the context of the Communist Party’s changing policies. The introductory section begins by studying the aspects of Chinese economic growth as it impacts on domestic social issues and the projection of Chinese power abroad. Within this overall framework, it then goes on to critically assess the effects of foreign investment, business management strategies, human resource management, corporate social responsibility and the financial services sector. Arguing that the encouragement of consumption is a significant objective of the Chinese leadership, the last section is concerned with the importance of the food industry. This book will be of interest to students and scholars of Chinese business, management and international political economy, as well as policymakers and business practitioners.

This book argues that China must become an innovation-based economy to avoid the middle-income traps, and examines both the opportunities and challenges in meeting this goal.

This book documents and explains how strategic human resource management (SHRM) and high performance work systems (HPWS) have been adopted among indigenous enterprises, namely state-owned enterprises (SOEs) and domestic private enterprises (DPEs) in China, from both management and employee perspectives. The book examines the mutual relationships between employees and their supervisors/ managers through social exchange theory. It explains how and why employees develop their perceptions and relationships with their immediate supervisors/managers in the working environment and the consequent effects on their attitudes and behaviour at work. Given the importance of the Chinese economy in the world, and the impact of its ‘open door’ policy and economic and management reforms, this book will provide valuable insight into China’s SHRM and HPWS.

Providing a crucial understanding of how globalization impacts on the development of Chinese businesses, this book analyzes the unprecedented changes in Chinese ethnic business due to the process of globalization, specifically economic globalization, in the key receiving countries of the US, Australia and Canada. Focusing on the main themes of economic globalization and Chinese community development, transnational linkages, local urban structures, homogenization and place attachment, the team of internationally known contributors place the subject of Chinese ethnic business in the bigger picture of ethnic businesses and globalization. Including excellent methodology such as ethnographic studies, historical analysis, geographic studies and statistical analysis, this volume makes an important contribution to the field of ethnic businesses.

Chinese outward direct investment (ODI) is growing rapidly in recent years. As an important phenomenon in the global economy, China’s ODI deserves more thorough analysis. This book looks at China’s ODI activities from multi-perspectives. With the rebalancing of China’s own structural growth and China’s shift towards a net capital exporter, her initiatives such as "One Belt One Road (OBOR)" have brought profound implications to the traditional super-sovereign or multilateral financial and investment cooperation mechanism. As her investment destinations and investment methods become more diversified and sophisticated, this book offers unique and refreshing insight into China’s ODI activities. The book covers the whole range of history and policy development of China’s ODI and analyses China’s ODI trends and characteristics in the recent years. It reviews China’s major policy changes after the Third Plenary Session of the 18th Central Committee of the Communist Party and how they may impact China’s ODI strategy and activities. The book addresses potential challenges and risks of rising ODI activities from practitioners’ perspective, and discusses how recipient countries may react and respond to the surge of Chinese capital. The book also offers policy implications and future research agenda in relation to the Chinese investments.

One of the most important outcomes of market reforms in China over the past 20 years has been the emergence of a significant domestic private sector, which now accounts for almost a third of China's GDP and is by far the country's most important source of employment growth. This book is the first in-depth analysis of the management and operation of these domestic private firms, which are defined as companies or organizations created by PRC citizens, including township enterprises and collectives. The book provides a comprehensive and multidisciplinary perspective on the factors important to the successful operation and growth of these firms. It begins with a review of the literature on the topic in three different disciplines - economics, sociology, and management - each followed by several chapters covering recent developments in these areas. Featuring contributions by distinguished scholars and China experts, the work concludes with an insightful chapter on the future of China's public sector in the global economy.