Download or read book Diversification of Chinese Companies An International Comparison written by Joseph P. H. Fan and published by . This book was released on 2013 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Purpose - This paper provides a systematic comparison of the level of business diversification in China and eight other large economies for the 2001 to 2005 period. We investigate reasons why Chinese firms are more diversified than companies elsewhere.Design/methodology/approach - We collect data on the number of business segments in which publicly traded companies operate from the Thomson One Banker database. We analyze the data using nonparametric tests and regression analysis.Findings - The mean number of business segments per firm varies significantly by country. Notably, there is no evidence in our sample that emerging-market companies are systematically more diversified than their developed-market counterparts. In most countries, firms have become less diversified over time. However, there is no such trend in China. The level of diversification of Chinese enterprises does not vary over our study period (2001-2005), making Chinese firms the most diversified in our sample by 2005. China's growth rate does not seem to explain the higher level of firm diversification. However, we find that Chinese state-owned enterprises diversify their operations more aggressively than other Chinese firms.Research limitations/implications - Ownership data and business group affiliations were not available for all firms in our sample, making it difficult to control for these effects across economies.Practical implications - Government involvement in state-owned enterprises may be contributing to a divergence in the pattern of business diversification between China and other economies.Originality/value - This paper quantifies anecdotal evidence that Chinese firms are more diversified than similar firms in other countries.
Download or read book Diversification of Chinese Companies written by Joseph P. H. Fan and published by . This book was released on 2007 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a systematic comparison of the level of business diversification in China and eight other large economies for the 2001 to 2005 period. We investigate reasons why Chinese firms are more diversified than companies elsewhere.
Download or read book Relationship Between Diversification and Internationalization of Chinese Companies written by Da Huo and published by . This book was released on 2011 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: With the implementation of the open policy, China has become an important competitor in the world market. The increase of exports from China to the world market has resulted in a growing number of Chinese international companies. Internationalization is important for Chinese companies in the development of global market. The Chinese government has made a decision to encourage the diversification of Chinese international companies so that they can compete for a larger share of the world market. This research was set to analyze the relationship of diversification and internationalization of Chinese companies. Through this study, the impact of diversification in the performance of Chinese companies during their global expansion was revealed. This research further identified the difference between the Chinese international companies with foreign sales and domestic Chinese companies with no foreign sales. Information obtained from this study will be helpful to policy makers and government administrators in the future reform of Chinese companies.
Download or read book The Strategies of China s Firms written by Hailan Yang and published by Chandos Publishing. This book was released on 2015-07-24 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to analyze how China’s firms in the consumer electronics (CE) sector have developed their business strategy and corporate governance during the reform process. This book examines the CE sector in particular because it is one of the country’s most important and dynamic manufacturing sectors and one of the earliest market-oriented sectors. focuses on firms with different ownership provides cases that offer insights into the interactions among key factors of environmental changes, exploitative and explorative strategies, and performance in a transition environment explains why the strategies of some firms do not fit with their environments, which leads to their poorer competitive position. compares the corporate governance of the China’s firms with different ownership explores the different ways of development of China’s firms in the consumer electronics sector from the perspectives of business strategy and corporate governance includes some wider policy-related implications related to the reform of China’s firms
Download or read book Family Business in China Volume 2 written by Ling Chen and published by Springer Nature. This book was released on 2021-09-04 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlike other economies, family businesses in China are greatly affected by the derived Confucian culture, excessive marketization, as well as the seemingly endless institutional supervision by a transitional Chinese government. China has a strong historical legacy, devoted to patriarchal values and strong family-centered traditions. This volume discusses the current status, upcoming challenges, and future prospects for family businesses in China. It explores unique organizational characteristics that are associated with Chinese family firms, such as being entrepreneurial, having concentrated power in the hands of the family business owners, and extensive family and semi-family involvement in the business. It also discusses shared features of strategic actions among Chinese family firms that include technology innovations, diversification, and internationalization, as well as the political connections that Chinese family firms often have. This book offers researchers a comprehensive overview of small family firms that are likely to be home-based microenterprises as well as large publicly traded business groups that are frequently owned by business families.
Download or read book Chinese Multinationals written by Jean-Paul Laron and published by World Scientific. This book was released on 2009 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the rise of Chinese companies in international markets. This book provides an overview of the strategies of Chinese multinationals in terms of international marketing and branding, M&As and international joint ventures, management of technology, organization and human resource management.
Download or read book The Globalization of Chinese Enterprises Trends and Characteristics written by Huiyao Wang and published by Springer Nature. This book was released on 2020-05-22 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: The internationalization of Chinese enterprises is one of the most notable aspects of economic globalization in the 21st century. Despite the 2008 financial crisis and weak global outbound investment, under the “go global“ initiative, Chinese outbound investment has gone from strength to strength, while also diversifying in terms of investment modalities, destinations, and industries. However, growing anti-globalization sentiment in some countries has also created new challenges for Chinese firms expanding internationally. Drawing on nearly 3000 data samples, using both quantitative and qualitative research methods, this book presents unique insights into the features and patterns of Chinese enterprises’ globalization. The analysis provides a useful reference for enterprises that have already gone global and those that plan to. In particular, this book investigates challenges confronted by Chinese companies when doing business in foreign countries. It summarizes research covering three angles, namely: the current situation, causation analysis and corresponding solutions, and recommendations for firms, government agencies and other institutions. This book provides a comprehensive overview to help readers to grasp the broad picture of the international expansion of Chinese enterprises. It has important reference value for enterprises to help devise foreign investment strategy, seize opportunities, and navigate challenges in the course of globalization.
Download or read book The Globalization of Chinese Companies written by Arthur Yeung and published by John Wiley & Sons. This book was released on 2011-06-01 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Diversification Economies of Scope and Exports Growth of Chinese Firms written by Mercedes Campi and published by . This book was released on 2018 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1990s, China started a process of structural reforms and of trade liberalization, which was followed by the accession to the World Trade Organization (WTO) in 2001. In this paper, we analyze trade patterns of Chinese firms for the period 2000-2006, characterized by a notable increase in exports volumes. Theoretically, in a more open economy, firms are expected to move from the production of a set of less-competitive products towards more internationally competitive ones, which implies specialization. We study several stylized facts on the distribution of Chinese firms trade and growth rates, and we analyze whether firms have diversified or specialized their trade patterns between 2000 and 2006. We show that Chinese export patterns are very heterogeneous, that the volatility of growth rates depends on the level of exports, and that volatility is stronger after trade liberalization. Both, diversification in products and destinations have a positive impact on trade growth, but diversification of destinations has a stronger effect. We conclude that the success of Chinese exports is not only due to an increase in the intensive margin, related to the existence of economies of scale, but also due to an increase in the extensive margin, related to the existence of economies of scope.
Download or read book Corporate China 2 0 written by Qiao Liu and published by Springer. This book was released on 2016-12-23 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that that the rise of great firms - those with sustainable high return on invested capital (ROIC) - will lay the foundation for China’s successful economic transformation. Drawn from the author’s research on corporate finance and the Chinese economy, the author maintains that being big could be easy but means little for corporate China, especially in the context of China’s transition from an investment-led economy to an efficiency-driven one. The work discusses both internal and external impediments that lead to lack of great companies in China and suggests institutional conditions which foster the rise of great companies in China, including, reversing the government’s obsession with GDP, reforming the financial system, and promoting entrepreneurship. Policy makers, investors, corporate executives, and MBA students and scholars will appreciate case studies of Huawei, Alibaba, Xiaomi, and Lenovo, among others, that illustrate the endeavors made by Chinese entrepreneurs at the grassroots level and highlight what makes successful companies in China.
Download or read book Chinese Economic Familism and the Diversification of Economic Organizations written by Holin Lin and published by . This book was released on 1991 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Family Business in China Volume 2 written by Ling Chen and published by Palgrave Macmillan. This book was released on 2021-09-05 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlike other economies, family businesses in China are greatly affected by the derived Confucian culture, excessive marketization, as well as the seemingly endless institutional supervision by a transitional Chinese government. China has a strong historical legacy, devoted to patriarchal values and strong family-centered traditions. This volume discusses the current status, upcoming challenges, and future prospects for family businesses in China. It explores unique organizational characteristics that are associated with Chinese family firms, such as being entrepreneurial, having concentrated power in the hands of the family business owners, and extensive family and semi-family involvement in the business. It also discusses shared features of strategic actions among Chinese family firms that include technology innovations, diversification, and internationalization, as well as the political connections that Chinese family firms often have. This book offers researchers a comprehensive overview of small family firms that are likely to be home-based microenterprises as well as large publicly traded business groups that are frequently owned by business families.
Download or read book Live or Die written by Li Min and published by Paths International Ltd. This book was released on 2013-10-30 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This casebook focuses on how to prolong the life of an enterprise in China, supplying more than 100 practical examples for instant implementation. Using the concept of 'keep healthy', it analyses the position of Chinese enterprises on the international scene, interprets the current situation for business longevity, reveals the common root problems, and provides an expert summary of the key principles that determine how long the lifespan of a company in China. Currently, a commercial enterprise in China exists for 4.2 years on average - this practical book shows how to extent this using a user-friendly 'theoretical explanation + examples' format. Part of the practical new Cases in Modern Chinese Business series which offer revealing insights and analysis on how business is done in China. They offer case studies on how companies in China get started and how they succeed and fail. Clear and practical, each book explores how Chinese companies are expanding and thriving in the international market. All titles were written in China and give the real flavour of the Chinese business arena and some of the key players. To understand the economic and financial success of modern China it helps to get to know the business environment and some of the leading protagonists. These revealing new books show you how.
Download or read book The Diversification of China s Foreign Companies written by Tuan Yuen Kong and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Internationalization Diversification and Entrepreneurship of Chinese Firms written by Sunny Li Sun and published by . This book was released on 2000 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Chinese Business and the Asian Crisis written by David Fu-Keung Ip and published by Routledge. This book was released on 2020-08-26 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000: The Asian financial crisis and its aftermath provide a crucible in which Chinese diaspora capitalism has been tested, and a prism through which its strengths and weaknesses may be seen in a different light. The papers collected in this volume are in many ways still tentative. Some represent work-in-progress reports on as yet uncompleted research. In other cases, outcomes explored are still unclear or have not even yet fully unfolded. The aim is to focus on the consquences for diaspora Chinese capitalists and to start trying to identify losers and winners in the new landscape, re-evaluating their business culture, strategies and modes of operation, and their likely future direction and potential. The book begins by setting the scene for the Asian crisis and the achievements of the "Asian miracle". It then goes on to examine the causes of the financial crash, the firms that were able to ride the crisis, the Taiwanese economy as a whole, the fortunes of diaspora ventures in China, the small and medium enterprises at the heart of Chinese diaspora capitalism, the impact of the crisis on large Chinese business groups, and finally, the book debunks the theory that the rise of East Asia was initiated by Japan.
Download or read book Chinese Investment in the United States written by Iacob Koch-Weser and published by CreateSpace. This book was released on 2015-03-22 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 2011 and 2013, the value of China's mergers and acquisitions (M&A) in the United States exceeded the value of U.S. M&A deals in China. While it is too early to call this a permanent turning point, Chinese companies are poised to deepen their presence in the United States. Despite a recent economic slowdown, China remains a dominant goods exporter and is growing at a faster clip than the rest of the world. China's central bank holds some $4 trillion in foreign exchange reserves, and Chinese companies and wealthy individuals are eager to diversify their assets overseas. This report examines recent trends in Chinese investment in the United States, drawing on interviews with state officials. It begins with a general review of Chinese outbound investment patterns, and then looks in more detail at U.S. real estate, industry, and investment promotion. The paper identifies important implications for the United States, including the potential to strengthen regulation of the EB-5 visa program and improve federal support of state efforts.
