Guanxi and Business Strategy

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Release : 2007-06-10
Genre : Business & Economics
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Book Rating : 565/5 ( reviews)

Guanxi and Business Strategy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Guanxi and Business Strategy write by Eike A. Langenberg. This book was released on 2007-06-10. Guanxi and Business Strategy available in PDF, EPUB and Kindle. 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.

Guanxi And Business (Third Edition)

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Release : 2020-04-22
Genre : Business & Economics
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Book Rating : 56X/5 ( reviews)

Guanxi And Business (Third Edition) - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Guanxi And Business (Third Edition) write by Yadong Luo. This book was released on 2020-04-22. Guanxi And Business (Third Edition) available in PDF, EPUB and Kindle. 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.

Guanxi and Business

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Release : 2000
Genre : Business & Economics
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Book Rating : 148/5 ( reviews)

Guanxi and Business - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Guanxi and Business write by Yadong Luo. This book was released on 2000. Guanxi and Business available in PDF, EPUB and Kindle. 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.

Explaining Guanxi

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Release : 2013-09-13
Genre : Business & Economics
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Book Rating : 20X/5 ( reviews)

Explaining Guanxi - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Explaining Guanxi write by Ying Lun So. This book was released on 2013-09-13. Explaining Guanxi available in PDF, EPUB and Kindle. 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.

Guanxi in Contemporary Chinese Business

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Release : 2020-12-30
Genre : Business & Economics
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Book Rating : 407/5 ( reviews)

Guanxi in Contemporary Chinese Business - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Guanxi in Contemporary Chinese Business write by Jane Nolan. This book was released on 2020-12-30. Guanxi in Contemporary Chinese Business available in PDF, EPUB and Kindle. 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.