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Guanxi In Contemporary Chinese Business
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Book Synopsis Guanxi in Contemporary Chinese Business by : Jane Nolan
Download or read book Guanxi in Contemporary Chinese Business written by Jane Nolan and published by Routledge. This book was released on 2020-12-30 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does guanxi still matter in 21st century Chinese business and management? Is it really still a culturally distinct form of social interaction, impenetrable by outsiders? Or does it simply resemble the countless other elite networks embedded in business and political spheres across the globe? This book answers these questions through a combination of new empirical insight and nuanced conceptual development. Research examples include investigations of multinational enterprise corporate performance, governance structures in Chinese private firms, organisational justice in Chinese banks, entrepreneurial learning and knowledge acquisition, and the gendered and sexualized nature of guanxi in the workplace. In terms of firm performance, there is still much to be gained by MNE and Chinese firms through cultivating guanxi in different domains, including the political sphere at both the local and national level. However, in terms of employee performance, there is evidence that some younger employees have a strong desire to move towards more merit-based systems and resent being judged on guanxi connections. Similarly, some women may find themselves shut out when attempting to navigate conventional guanxi relationships based on Confucian paternalism. In brief, these practices may also exclude a large pool of emerging talent. This book clearly shows that guanxi is a complex concept that holds a persistent power in Chinese societies. To understand it fully we must acknowledge the dynamic nature of both its dark and light sides. The chapters in this book were originally published in a special issue of the Asia Pacific Business Review.
Book Synopsis Guanxi in Contemporary Chinese Business by : Jane Nolan
Download or read book Guanxi in Contemporary Chinese Business written by Jane Nolan and published by Routledge. This book was released on 2020-12-18 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does guanxi still matter in 21st century Chinese business and management? Is it really still a culturally distinct form of social interaction, impenetrable by outsiders? Or does it simply resemble the countless other elite networks embedded in business and political spheres across the globe? This book answers these questions through a combination of new empirical insight and nuanced conceptual development. Research examples include investigations of multinational enterprise corporate performance, governance structures in Chinese private firms, organisational justice in Chinese banks, entrepreneurial learning and knowledge acquisition, and the gendered and sexualized nature of guanxi in the workplace. In terms of firm performance, there is still much to be gained by MNE and Chinese firms through cultivating guanxi in different domains, including the political sphere at both the local and national level. However, in terms of employee performance, there is evidence that some younger employees have a strong desire to move towards more merit-based systems and resent being judged on guanxi connections. Similarly, some women may find themselves shut out when attempting to navigate conventional guanxi relationships based on Confucian paternalism. In brief, these practices may also exclude a large pool of emerging talent. This book clearly shows that guanxi is a complex concept that holds a persistent power in Chinese societies. To understand it fully we must acknowledge the dynamic nature of both its dark and light sides. The chapters in this book were originally published in a special issue of the Asia Pacific Business Review.
Book Synopsis Guanxi And Business (Third Edition) by : Yadong Luo
Download or read book Guanxi And Business (Third Edition) written by Yadong Luo and published by World Scientific. This book was released on 2020-04-22 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interpersonal relationship (guanxi) is one of the major dynamics of Chinese society. Guanxi has been a pervasive part of the Chinese business world for the last few centuries. It binds literally millions of Chinese firms into a social and business web. In China's new, fast-paced business environment, guanxi has become more entrenched than ever, heavily influencing Chinese political landscapes, social behavior, and business practice.This book delineates social and cultural principles and philosophies underlying guanxi dynamics, along with guanxi's social norms that have been long embedded in the Chinese society. Although guanxi is embedded in almost every part of social life in China, companies demonstrate different needs and capacity toward guanxi cultivation. Chinese firms develop guanxi as a strategic mechanism to overcome competitive and resource disadvantages by cooperating and exchanging favors with government authorities and other stakeholders. This book presents an integrative framework about guanxi development according to institutional, strategic, and organizational factors. It further articulates how foreign firms adaptively develop their own legitimate and effective guanxi in China's highly dynamic and complex environment.Guanxi is really dynamic that its practices have been constantly changing and its normative and cognitive legitimacy is shifting as the social and economic structures in the society are drastically transforming. For this reason, this third edition of the book has added numerous new and emergent issues such as moral degradation and guanxi, qualitative and quantitative review of guanxi studies, and guanxi ties between organizations.
Book Synopsis Chinese Business by : Chee-Kiong Tong
Download or read book Chinese Business written by Chee-Kiong Tong and published by Springer. This book was released on 2014-05-06 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: The nature, institutional foundations, and issues surrounding the apparent success of Chinese business networks is examined in this book. Major concepts such as guanxi, xinyong and gangqing, exploring the nature of trust, relationships and sentiments in Chinese business networks, are re-examined. A significant amount of literature has been devoted to the study of Chinese business, and it largely falls into two broad schools: the culturalist approach, arguing for an essentialist formulation to explain success and the market approach, suggesting that there is nothing inherently unique about Chinese business. This book critiques both these approaches and argues, based on primary data collected in various countries, and with case studies of a large number of Chinese businesses, that another approach, the institutional embedded approach, provides a better explanation for the success, and failure of Chinese business and Chinese business networks.
Book Synopsis Guanxi, How China Works by : Yanjie Bian
Download or read book Guanxi, How China Works written by Yanjie Bian and published by John Wiley & Sons. This book was released on 2019-03-04 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do social relations, or guanxi, matter in China today and how can this distinctive form of personal connection be better understood? In Guanxi: How China Works, Yanjie Bian analyzes the forms, dynamics, and impacts of guanxi relations in reform-era China, and shows them to be a crucial part of the puzzle of how Chinese society operates. Rich in original studies and insightful analyses, this concise book offers a critical synthesis of guanxi research, including its empirical controversies and theoretical debates. Bian skillfully illustrates the growing importance of guanxi in diverse areas such as personal network building, employment and labor markets, informal business relationships, and the broader political sphere, highlighting guanxi’s central value in China's contemporary social structure. A definitive statement on the topic from a top authority on the sociology of guanxi, this book is an excellent classroom introduction for courses on China, a useful reference for guanxi researchers, and ideal reading for anyone interested in Chinese culture and society.
Download or read book Explaining Guanxi written by Ying Lun So and published by Routledge. This book was released on 2013-09-13 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guanxi, a system of Chinese business relationships, is often described, but is rarely fully understood. Though it seems intangible, there is no doubt that it has contributed significantly to the success of Chinese entrepreneurs and the places where they work. Translated loosely as ‘personal ties’, this simple explanation belies a complex and nuanced system. Guanxi has often been criticised as nepotism - unfair, inefficient, even corrupt, and generally detrimental to business and economic growth... but if it is that bad, how does it survive? This insightful book unravels the origins of Guanxi and provides a much-needed explanation of the phenomena. It investigates: why it was initiated and developed what function it serves how it is maintained why it is such a dominant phenomenon in Chinese business life Combining economics, law and culture, this clear and concise book looks to the future of Guanxi based on its history. Drawing on cultural, organizational and economic studies, it takes a multi-disciplinary approach, integrating these various topics into a coherent explanation of Guanxi ensuring that this illuminating book will be equally useful to students of Asian business as to practitioners working within this market.
Book Synopsis Social Connections in China by : Thomas Gold
Download or read book Social Connections in China written by Thomas Gold and published by Cambridge University Press. This book was released on 2002-09-05 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume assesses the evolving role of guanxi (social networks) in China's transforming society.
Book Synopsis Guanxi and Business Strategy by : Eike A. Langenberg
Download or read book Guanxi and Business Strategy written by Eike A. Langenberg and published by Springer Science & Business Media. This book was released on 2007-06-10 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines a topic of paramount importance to those doing business with China: the impact of personal relationships (guanxi) on business affairs. It shows that the commercial utilization of guanxi with suppliers, customers, competitors and authorities yields significant sustainable competitive advantages. Coverage also assesses guanxi-based business strategies in terms of compliance with legal and ethical standards.
Download or read book Guanxi and Business written by Yadong Luo and published by World Scientific. This book was released on 2007 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: For generations, privileged young men have attended St. Oswald's Grammar School for Boys, groomed for success by the likes of Roy Straitley, the eccentric Classics teacher who has been a fixture there for more than thirty years. This year, however, the wind of unwelcome change is blowing, and Straitley is finally, reluctantly, contemplating retirement. As the new term gets under way, a number of incidents befall students and faculty alike, beginning as small annoyances but soon escalating in both number and consequence. St. Oswald's is unraveling, and only Straitley stands in the way of its ruin. But he faces a formidable opponent with a bitter grudge and a master strategy that has been meticulously planned to the final, deadly move.
Book Synopsis Ethnic Chinese Business In Asia: History, Culture And Business Enterprise by : Ching-hwang Yen
Download or read book Ethnic Chinese Business In Asia: History, Culture And Business Enterprise written by Ching-hwang Yen and published by World Scientific. This book was released on 2013-09-13 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume provides a broad introduction to the ethnic Chinese business in Asia, with focus on the ethnic Chinese in East and Southeast Asia. The growing interest in ethnic Chinese business reflects its importance in these two regional economies, and its relations with China's economy — the world's new economic powerhouse. It examines the nature and characteristics of the ethnic Chinese business, such as business networks, family business and conglomerates, concepts of xinyong and guanxi, and entrepreneurship and management. It also examines the input of history and culture in the formation and operation of ethnic Chinese business. The second half of the book is devoted to detailed regional studies, covering the Chinese in Thailand, Malaysia and Singapore, Indonesia, the Philippines, Hong Kong and Taiwan. This book provides an excellent introduction for tertiary students in business schools, and for prospective businessmen who wish to do business with the Chinese in East and Southeast Asia.
Book Synopsis Guanxi in the Western Context by : Barbara Xiaoyu Wang
Download or read book Guanxi in the Western Context written by Barbara Xiaoyu Wang and published by Springer. This book was released on 2019-07-04 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deeply rooted in Chinese culture, the concept of guanxi has been widely researched from historical, cultural and political perspectives. As Chinese multinational corporations (MNCs) expand, expatriates are increasingly carrying guanxi with them to host countries, yet little has been written on how this indigenous construct is employed in the Western world. This book takes a theoretical approach to the examination of this phenomenon and proposes a conceptual framework for the ‘guanxi capitalism structure,’ illustrating its fundamental role as the invisible hand in China. Providing empirical analysis, the author demonstrates how guanxi affects intra-firm multicultural group dynamics involving Chinese expatriates and host-country natives in Chinese MNCs. With insights for scholars researching Asian business and globalisation, and practitioners working in Chinese MNCs, this book argues that guanxi significantly alters an expatriate’s adjustment, and offers practical suggestions for cross-cultural management and the process of initiating, building, and utilising guanxi in a Western context.
Download or read book Guanxi written by Erdener Kaynak and published by Routledge. This book was released on 2013-10-31 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Develop a network of successful business relationships in China! This systematic study of the Chinese concept of guanxi--broadly translated, ”personal relationship” or ”connections”--offers a comprehensive social and professional model for doing business in China. In addition to a clear analysis of the origins and meanings of this vital concept, Guanxi: Relationship Marketing in a Chinese Context empowers you with practical tools for establishing guanxi in order to facilitate successful business relationships. Guanxi is based on an original research study as well as the authors’twenty years of experience of doing business in China. Their understanding of the implications of face, favor, reciprocity, honor, and interconnectedness--all vital parts of guanxi--will enable you to understand the unstated assumptions of Chinese business culture. Moreover, the book discusses the legal implications of guanxi as well as cultural expectations. This valuable handbook offers a wealth of information on guanxi: case studies of guanxi in action managerial implications of saving face and reciprocity measuring guanxi quality and performance indicators step-by-step instructions for building guanxi detailed strategies for penetrating the Chinese market Guanxi is an indispensable tool for anyone wanting to do business in China, for students of international business or Chinese culture, and for scholars interested in international business culture.
Book Synopsis Entrepreneurs in Contemporary China by : Xiaoying Qi
Download or read book Entrepreneurs in Contemporary China written by Xiaoying Qi and published by Cambridge University Press. This book was released on 2023-09-07 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: By drawing on extensive interviews with business founders and CEOs this book explores the complexities and dynamics of business and social relations responsible for present-day China's economic vibrancy. It makes an original contribution both through its empirical richness and theoretical innovations on trust, social networks, crisis and gender.
Download or read book Guanxi and Business written by Yadong Luo and published by World Scientific. This book was released on 2000 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guanxi (interpersonal relationship) is one of the major dynamics of Chinese society. It has been a pervasive part of the Chinese business world for the last few centuries. It binds literally millions of Chinese firms into a social and business web. It is widely recognized to be a key determinant of business performance, because the life-blood of the macro economy and micro business conduct in the society, including local firms as well as foreign investors and marketers, inevitably faces guanxi dynamics. No company can go far unless it has extensive guanxi in this setting. In China's new, fast-paced business environment, guanxi has been more entrenched than ever, heavily influencing Chinese social behavior and business practice. Despite the current academic and practical interest in guanxi, there is no book-length treatment systematically and vigorously exploring the concept and practice from the business perspective. This book fills that gap by exploring the various social economic cultural, and business issues relating to the complex concept and practice of guanxi.
Book Synopsis Guanxi, Social Capital and School Choice in China by : Ji Ruan
Download or read book Guanxi, Social Capital and School Choice in China written by Ji Ruan and published by Springer. This book was released on 2016-11-01 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the use of guanxi (Chinese personal connections) in everyday urban life: in particular, how and why people develop different types of social capital in their guanxi networks and the role of guanxi in school choice. Guanxi takes on a special significance in Chinese societies, and is widely-discussed and intensely-studied phenomenon today. In recent years in China, the phenomenon of parents using guanxi to acquire school places for their children has been frequently reported by the media, against the background of the Chinese Communist Party’s crackdown on corruption. From a sociological perspective, this book reveals how and why parents manage to do so. Ritual capital refers to an individual's ability to use ritual to benefit and gain resources from guanxi.
Book Synopsis Dragon Business by : Andrea Thürmer Leung
Download or read book Dragon Business written by Andrea Thürmer Leung and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been undoubtedly a rapid economic growth in China over the last few decades and globalization has affected many business practices in China. Therefore this study addressed the interesting question of how the traditional concept of 'guanxi' works in modern day China. This was investigated through the lived experiences and perceptions of how Hong Kong executives establish business relationships in China. This research is important because 'guanxi' has often been associated with the success factor of business practices in China. Through a qualitative research methodology this research found that the practices of 'guanxi' take a changing and integrated approach. While some elements including favours and benefits have changed to become more indirect, less materialistic and depend on trust, other elements like socializing, hierarchy and the long term orientation in a business context have decreased in importance. Further the different experiences in the government sector, different company size, geographic locations in China, as well as the emergence of a new generation, have shown that the formation of networks cannot be generalized, but take different approaches depending on the situation. The significance of this is that 'guanxi' is less important for large organizations and the new generation of Western influenced managers in China. Finally while experiences of 'guanxi' change, they take a more international perspective while maintaining some traditional elements such as face. This suggests that Chinese business practices combine and accept apparent opposite values of international and traditional practices.
Book Synopsis The China Business Model by : Elisabeth Paulet
Download or read book The China Business Model written by Elisabeth Paulet and published by Chandos Publishing. This book was released on 2017-01-17 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The China Business Model: Originality and Limits emphasizes transformation of the Chinese Business Model over the last decades. The impact of the financial crisis on China helps the reader understand its evolution towards capitalism. Topics covered include CSR, leadership, and management in China, how do these organizations impact the performance of companies, the financing policy of Chinese firms and its evolution till the slowdown, finance and business in China, and how could the banking sector and/or the financial markets help the development of Chinese companies? Helps the reader understand the impact of the financial crisis on China and its evolution towards capitalism Contains coverage of CSR, leadership, and management in China Answers the question "how can financial markets help the development of Chinese companies?"
