Cover

The Globalisation of Chinese Business: Implications for multinational investors

Copyright

Contents

List of figures and tables

List of abbreviations

Acknowledgements

Preface

Reference

About the editor

About the contributors

Introduction and overview

Note

References

PART 1 THE EVOLUTION OF CHINESE MANAGEMENT

1 The Real Leap Forward: China’s R&D and innovation strategy

Introduction

The Real Leap Forward

Catching up in high-potential sectors

Conclusion

Notes

References

2 ‘With a little help from the state’: endogenous and exogenous dynamics in China’s cluster economy

The structure of the Wenzhou district economy

Elements for a typology of China’s clusters

The role of trade in the ascent of the Wenzhou economy in the global value chain

Obstacles in the development of Wenzhou’s economy

The impact of informal finance on Wenzhou’s cluster economy

Establishment of the Wenzhou financial pilot zone as an answer to the private debt crisis?

Concluding remarks

Notes

References

3 State-owned versus private enterprises in China: adoption of modern HRM practices

Introduction

Theoretical framework: adoption of modern HRM practices

Hypotheses

Empirical methodology

State-owned and private enterprise HRM practices compared

Discussion

Conclusion

References

4 The influence of family control on business performance and financial structure: a matched pair investigation of listed companies in China

Introduction

Theoretical framework and hypotheses

Empirical methodology

Data analysis

Discussion

Implications

Conclusion

Note

References

5 Internationalisation strategies of medium-size multinational firms: when size matters in Chinese markets

Introduction

Theoretical background

Research framework

Field study: method and evidence

Results and findings

Managerial implications

Further research steps and additional research directions

References

6 Transfer of HRM practices in French multinational companies: the case of French subsidiaries in China

Introduction

Transfer of HRM practices at three levels

Cultural distance

Institutional interactions

Entry mode choice

Expatriates

Methodology and research design

Findings and discussion

The reproduction of HRM practices in a foreign market

Parent company HRM practices in foreign market adaptation

Conclusion

Notes

References

PART 2 CHINA’S GROWING SERVICES SECTOR

7 How risky is China’s red capitalism? Restructuring in the Chinese financial services sector

Introduction

Conceptualising the sustainability of the Chinese capitalist system

Statistical analysis of the financial services sector in China

Reforms and control of the banking sector and of financial services

Concluding analysis: How risky is China’s capitalist system judging by its financial services industry?

Notes

References

8 The effects of the global financial crisis on the Shanghai stock market

Introduction

Literature review

Data and methodology

Research findings and analysis

Conclusions

Appendix

References

9 Chinese healthcare system reforms and household saving patterns: some stylised facts

Introduction

Healthcare sector reform in urban China

Literature review on saving behaviour in China

Data and empirical analysis

Conclusion

Notes

References

10 China’s growing consumer culture: implications for marketing strategy

Introduction

Bridging the urban—rural divide

The diversification of taste and consumer discernment

China’s Food Safety Law and Tort Law

Implications for marketing strategy

Summary and conclusions

References

11 Country-of-origin effects on Chinese consumption of branded foreign products

Introduction

Literature review

Research method

Research results and discussions

Managerial implications and conclusion

References

12 Advertising in the luxury sector in China: standardisation or adaptation? A comparison between China and Italy

Introduction

Cross-cultural research in advertising

Advertising: a comparison between China and Italy

Luxury fashion advertising: a comparative analysis

A comparison between Chinese and Italian ads

Results

Discussion

Conclusion and managerial implications

Notes

References

13 Asian growing markets and competition: evidence in the Chinese wine market

Wine in Asian markets

Chinese consumers

Chinese wine consumers

Demand for imported wine in China

Conclusions

Notes

References

Epilogue

References

Index