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Author: Yadong Luo Publisher: Bloomsbury Publishing USA ISBN: 0313004684 Category : Business & Economics Languages : en Pages : 314
Book Description
China is the largest emerging market in the world, yet Western MNCs have invested significantly less there than their Asian MNC counterparts. Luo systematically compares Western and Asian investment strategies and their performance in China and draws lessons that Westerners must heed. He compares Western and Asian MNCs on their respective economic rationales, cultural proximity, strategy behavior, investment structure, business determinants, and performance differences. He also reviews foreign direct investment in China over two decades, outlines the economic environment facing MNCs today, delineates new policies that affect foreign investment and operations, and discusses China's entry into the World Trade Organization and the impact this will have on MNCs everywhere. The result is a needed contribution to the literature on international investment and the China market, particularly for upper level executives, analysts studying emerging markets, and scholars specializing in international business and expansion. In Part I, Luo reviews the experience of MNCs in China and the opportunities and challenges, today and in coming years. In Part II he looks at the strategy, structure, and performances of Western and Asian MNCs. He assesses and compares strategic and structural behaviors of these two groups of MNCs, then deciphers and compares the differences in distinctive capabilities and their performance implications. In other chapters he examines and compares financial performance and its business determinants—thus giving executives of Western MNCs a way to verify the effectiveness of their own investment and operating strategies and to reconfigure them, if necessary, to include environmental dynamics and organizational capabilities. In addition to mini-cases throughout the book, there is an appendix consisting of six major case studies, detailing the experiences and successes of six Asian MNCs in China, offering a seldom seen glimpse of how the West's Asian competitors accomplish their own goals, and why the challenges they present to the West are so formidable.
Author: Yadong Luo Publisher: Bloomsbury Publishing USA ISBN: 0313004684 Category : Business & Economics Languages : en Pages : 314
Book Description
China is the largest emerging market in the world, yet Western MNCs have invested significantly less there than their Asian MNC counterparts. Luo systematically compares Western and Asian investment strategies and their performance in China and draws lessons that Westerners must heed. He compares Western and Asian MNCs on their respective economic rationales, cultural proximity, strategy behavior, investment structure, business determinants, and performance differences. He also reviews foreign direct investment in China over two decades, outlines the economic environment facing MNCs today, delineates new policies that affect foreign investment and operations, and discusses China's entry into the World Trade Organization and the impact this will have on MNCs everywhere. The result is a needed contribution to the literature on international investment and the China market, particularly for upper level executives, analysts studying emerging markets, and scholars specializing in international business and expansion. In Part I, Luo reviews the experience of MNCs in China and the opportunities and challenges, today and in coming years. In Part II he looks at the strategy, structure, and performances of Western and Asian MNCs. He assesses and compares strategic and structural behaviors of these two groups of MNCs, then deciphers and compares the differences in distinctive capabilities and their performance implications. In other chapters he examines and compares financial performance and its business determinants—thus giving executives of Western MNCs a way to verify the effectiveness of their own investment and operating strategies and to reconfigure them, if necessary, to include environmental dynamics and organizational capabilities. In addition to mini-cases throughout the book, there is an appendix consisting of six major case studies, detailing the experiences and successes of six Asian MNCs in China, offering a seldom seen glimpse of how the West's Asian competitors accomplish their own goals, and why the challenges they present to the West are so formidable.
Author: Sea-Jin Chang Publisher: OUP Oxford ISBN: 019151070X Category : Business & Economics Languages : en Pages : 273
Book Description
As a consequence of aggressive competition, Chinese industries have become increasingly consolidated. While the extent to which emerging local firms can challenge well-established multinational firms varies by industry, there are common characteristics of 'winners' within each firm type. A handful of multinational and local firms emerged victorious by acquiring small, weak, and regional players to become truly national players. During this process, weaker multinational firms were crowded out of the market by stronger multinationals as well as by emerging local powerhouses. The successful local firms that survive competition in China have global ambitions and venture into international markets, challenging foreign multinational firms in the global marketplace. This book examines how multinational firms grew their operations in China and how successful local firms emerged from the restructuring process, as well the competition between them, in the fierce marketplace of China's economic reform. While anecdotal evidence on this topic is widespread, there exists no comprehensive research. This book seeks to address this gap by rooting its discussion in the author's extensive and rigorous statistical analyses and detailed case studies across five industries: consumer products, beer, telecom, automobile, and steel.
Author: Stewart Clegg Publisher: Edward Elgar Publishing ISBN: 9781781959954 Category : Business & Economics Languages : en Pages : 360
Book Description
'Business Networks and Strategic Alliances in China' addresses how knowledge transfer and innovation are interwoven within complex networks and how social capital contributes to the acquisition of crucial resources and business success in multi-type enterprises in China.
Author: Yadong Luo Publisher: ISBN: Category : Business & Economics Languages : en Pages : 392
Book Description
"The unique quality of this book as an important guide to Chinese industry today is based on the author's double experience, first from his practical career in China and more recently from his academic career in the U.S."--BOOK JACKET.
Author: Andrew Scobell Publisher: Rand Corporation ISBN: 1977404200 Category : History Languages : en Pages : 155
Book Description
To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.
Author: Tobias Weigl Publisher: Springer Science & Business Media ISBN: 3835055623 Category : Business & Economics Languages : en Pages : 403
Book Description
Based on the results of 177 survey responses, Tobias Weigl shows that the simple transfer of managerial and organizational skills, techniques, values and culture from developed countries to Russia is a false assumption among academics and practitioners.
Author: Arthur Yeung Publisher: Wiley ISBN: 9780470828786 Category : Business & Economics Languages : en Pages : 224
Book Description
China business experts analyze the next wave of Chinese corporate giants as they emerge into the global marketplace The rise of China and its major corporations will be a key economic development in this century. Even as leading Chinese firms show their muscle through ambitious acquisitions of firms like Thinkpad and RCA, many western investors and business leaders know little or nothing about them. This book looks at the rise of Chinese firms, who they are, how they'll change the global competitive landscape, their strengths and weaknesses, and how established western firms might meet the challenges and opportunities this trend presents. Throughout the book, the authors examine and highlight the major differences between Chinese and western firms, particularly differences related to corporate leadership and organizational structure, how and why they choose M&A targets, global workforces, and political issues like unionization. A comprehensive, expert examination of emerging Chinese global corporations and how they will affect the global economy Ideal for investors and executives of western companies Written by a team of top China business experts and curated by the editor of the Chinese edition of the Harvard Business Review For anyone who wants to understand the future of Chinese companies and the opportunities and challenges their global emergence will present, The Globalization of Chinese Companies offers comprehensive, expert insight.
Author: Miu-Sze Chan Publisher: ISBN: 9781361419885 Category : Languages : en Pages :
Book Description
This dissertation, "Multinational Corporations in China: Analysis of a Strategic Business Model" by Miu-sze, Chan, 陳妙施, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Abstract of dissertation entitled Multinational Corporations in China: Analysis of a Strategic Business Model Submitted by Chan Miu Sze for the degree of Master of Arts (China Development Studies) at the University of Hong Kong in June 2006 Since December 2001, China enrolled in the World Trade Organization, which has made a profound impact on the economic growth and development of China. The opening up is beneficial to China and also the rest of the World. It is because the accession has enabled a large number of multinational corporations to enter the Chinese market more easily on one hand, and on the other hand, for China, the membership has fueled its market reform. However, as China has distinctive culture and customs, which foreign firms will find it difficult to handle, together with its emphasis on guanxi, therefore the business tactics for multinational firms to apply in China should be deviated from in elsewhere. Although China has published its "internal rules" for trade and investment-related regulations in order to clarify and expand its legal system, those clarified rules are still varied by provinces. It is because provincial governments are granted certain extent of flexibility to interpret the central laws and to enact rules or regulations "according to concrete local conditions and actual needs." Due to the authoritative local government, the internal strategies are subjected to the government interferences. Therefore, firms may have to carry out guanxi-based external strategies so as to cooperate with the governments and improve operational efficiency. In this research, with the business models of successful multinational corporations in China as case studies, the external strategies for them to gain overwhelming success will be underscored. The research will be also focus on the popularity of corporate social responsibility among the multinational corporations. Lastly, significant implications concerning the external strategies of business model for firms doing business in China will be punctuated in this research. DOI: 10.5353/th_b3655369 Subjects: International business enterprises - China Strategic planning Business planning
Author: Stephen Todd Rudman Publisher: John Wiley & Sons ISBN: 1405178566 Category : Business & Economics Languages : en Pages : 264
Book Description
The Multinational Corporation in China: Controlling Interests addresses the question of how multinational corporations control and coordinate their worldwide affiliates, with a fascinating inside story on contemporary China. Focuses on dynamic management control processes by four large US multinational corporations of their China operations. Based on the author’s own research, including personal interviews with senior managers, and discussions with consultants, lawyers, and government officials. Reviews internal as well as publicly available company documents, and books, newspapers and periodicals dealing with relevant industries and with China. Enables readers to understand how multinational corporations are managed. Facilitates the development of a coherent theory of management control.
Author: Robert Taylor Publisher: Edward Elgar Publishing ISBN: 1785364065 Category : Business & Economics Languages : en Pages : 267
Book Description
Analysing the role of multinational investors in emerging Asian economies and the implications for regional economic integration, this astute study examines the increasing role being played by Asian countries in the global economy. Encompassing a large number of diverse manufacturing and service sectors, this book highlights the cultural and strategic challenges faced by multinational investors in the region in which they invest. It shows that despite high rates of economic growth in Asian countries presenting multinational traders and investors with unparalleled market opportunities, there have been only tentative moves towards regional economic integration. Areas such as trade facilitation, uniform customs clearance, removal of non-tariff barriers and labour deployment issues are yet to be adequately addressed.
Author: Yadong Luo
Author: Yadong Luo
Author: Sea-Jin Chang
Author: Stewart Clegg
Author: Yadong Luo
Author: Andrew Scobell
Author: Tobias Weigl
Author: Arthur Yeung
Author: Miu-Sze Chan
Author: Stephen Todd Rudman
Author: Robert Taylor