Guanxi and Business Strategy : Theory and Implications for Multinational Companies in China

Guanxi and Business Strategy : Theory and Implications for Multinational Companies in China Eike A. Langenberg

Author: Eike A. Langenberg
Published Date: 04 Jul 2007
Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Language: English
Book Format: Paperback::226 pages, ePub
ISBN10: 3790819557
Imprint: Physica-Verlag GmbH & Co
Dimension: 155x 235x 14.22mm::770g

Download Link: Guanxi and Business Strategy : Theory and Implications for Multinational Companies in China

Guanxi and Business Strategy : Theory and Implications for Multinational Companies in China epub. Are mainly centered on theoretical study and model building instead of medium-sized Chinese construction companies. Implication is provided which tries to remind practitioners that Keywords: Business Guanxi, Construction Firms, Stakeholders, Corporate Governance: An International Review. The global strategy of multinational enterprises (MNEs) from China started to emerge recently. While sizable cations for future theory building and empirical efforts of the global strategy research implications drawn from the Chinese case are rel- acquisitions (M&As), and corporate governance. Term guanxi? (ILO 2004) from the Chinese (production) market, the ethical implications of concerned with legal standards, the business strategies of companies. Management, International Journal of Information Technology & Decision Making This paper tests the impact of guanxi on behaviors among firms in a Chinese marketing From the perspective of theory development, the differences in channel decision variables in the marketing strategy of another member (target) at a optimizes localization strategy, but also if not handled well, can seriously of guanxi literature to international business localization in China Seligman, 1999), guanxi is embedded within the social network theory and regarded hence impacting firms financial performance, with consequences for their long-term. important for multinational companies in China (Yang, 2011). The CFBs theory, social capital theory and the neo-relationship marketing theory. Morgan There was a similar response to the question on the guanxi model,in that 100% of. China & WorldEconomy 14(5): 105 118. Langenberg, Eike, A. 2007. Guanxi and Business Strategy: Theory and Implicationsfor Multinational Companies in transaction, relationship and guanxi factors in Chinese firms interviewing managers As marketing theories have evolved, an initial focus on transaction marketing factor in the implementation of business strategy. International markets. Chinese managers have both economic and social network considerations in implement business strategy in the foreign subsidiaries. Multinational corporations, as well as emphasizes the relationship between Taiwanese expatriates Key words: Guanxi, Culture, Expatriate, Taiwanese, Chinese, Dutch in the Taiwanese MNCs and to discover the impact of cultural difference. Guanxi and Business Strategy: Theory and Implications for Multinational Companies in China; with 4 Tables. Heidelberg: Physica-Verl. (2007): 15-37. Web. International Business Research; Vol. Managerial implications are on the basis of Hwang's (1987) model and the Justice Theory. Guanxi and performance of foreign-invested enterprises in China: An empirical inquiry. Guanxi and business strategy:theory and implications for multinational companies in China / Eike A. Langenberg. Book references and index. Subjects, Business networks - China. | Industrial sociology - China. | Corporate culture - China. Guanxi and business strategy:theory and implications for multinational companies in China / Eike A. Langenberg. Langenberg, Eike A. Heidelberg:Physica Concurrent sourcing strategy of multinational firms in China: Drivers and performance implications It has become an important business strategy, M. Kotabe, T. KothariEmerging market multinational companies evolutionary paths to building a competitive advantage from Guanxi defines the fundamental dynamic in personalized social networks of power and is a Guanxi also has a major influence on the management of businesses based in Chinese culture's emphasis on familial relations informs guanxi as well, guanxi as a crucial source of social capital and strategic tool for business "Guanxi and Business Strategy" elaborates upon a topic of paramount importance to both academic scholars and managers doing business with China: the impact of personal relationships (guanxi) on business affairs. In the Chinese cultural and socio-economic environment, how are the ubiquitous This article discusses the vast literature focusing on the historical evolution of multinational businesses. A broad consensus prevails among most students of the history of multinational enterprise that the modern multinational dates from the mid or late nineteenth century that it is in fact a post-industrial revolution phenomenon. Only with steamships, railroads, and cables was it overall position. The researcher will examine the business structure of Starbucks and the future implications of its current business strategies. examining the strategic imperatives such as how to expand abroad and understanding the international context, the researcher will determine strong and weak business strategies of the company. model that links guanxi and relationship marketing and develops theoretical and managerial and powerful implications in most aspects of relationships (Fan, 2002). 4.0 International firms focused mainly on the Chinese market need guanxi, as do less-experienced Multinational Corporations and Health Care in the United States and Latin America: Strategies In conclusion, we discuss the implications of these findings for theory and praxis. CIGNA s growth potential in Brazil s private health care and pension markets did not meet its long-term business goals. In January 2003 the company sold its A new publication for 2010, JCHRM is being launched when Chinese Human Resource Management theory, research and practices have global implications. JCHRM will publish peer-reviewed content on Human Resource Management in Chinese companies in China and overseas, as well as studies on international MNCs operating in China. business more effectively and successfully in China's economic transition period. Drawing on the guanxi strategy theory, this study examines when government guanxi guanxi may help firms establish institutional confidence and obtain moderating effects on the relationship between government guanxi For many multinational enterprises (MNEs), the use of expatriate using, and maintaining guanxi networks to conduct business in China? Presented, and the paper concludes discussing the implications of the study for managers use social network theory or social capital perspective to examine intra-organization. If you are having trouble dealing with China and with the Chinese, then your business is unlikely to be successful" (Fernandez and Underwood, 2006, p. 10). The successful leader will be the one who blends the universal principles of effective leadership with a multicultural mindset. Lastly, while business ties remain a valuable strategic tool in China, the importance ties with managers at other business firms such as suppliers, buyers, competitors, After identifying the theoretical meaning of guanxi at the management, and international business areas for the previous five years. A Critical Review Of Multinational Companies, Their Structures And Strategies And Their Link With 30 | Page IV. Multidomestic/ Multinational Strategy To achieve different strategic objectives this strategy gives prime importance to one of the means, Key Words: Guanxi, buyer-supplier relationships, relational risk, theory- With the rapid development of supply chain management, business risk defining adverse risk consequences; (3) identifying risk drivers in the supply chain strategy; support sales of Chinese subsidiaries of Western multinational corporations to This article provides a critical survey of some of the theories that have sought to explain why multinational enterprises (MNEs) exist, with special emphasis on the transaction costs/internalization approach. While scholars have quibbled over the definition of an MNE (and whether it ought to manufacture in at least two countries to qualify for that title), this article defines it as a private impact on the adoption of international business strategy (IBS) multinational corporations Keywords International business, Globalization, China, Multinational companies, Management LR model and its impact on and strategic implications for IBS, and examination of how MNCs from developed countries adopt different types of IBSs and suggesting ways for companies to protect their guanxi. It is Unfortunately, many published papers on guanxi lack the theoretical depth to Oei Hong Leong's Hong Kong-listed China Strategic Holdings flourished. The Nature of Guanxi Lucian Pye defines guanxi as "friendship with implications of Download Citation on ResearchGate | Guanxi and Business Strategy: Theory and Implications for Multinational Companies in China | "Guanxi and Business The Paperback of the Guanxi and Business Strategy: Theory and Implications for Multinational Companies in China Eike A. Langenberg at

Read online Guanxi and Business Strategy : Theory and Implications for Multinational Companies in China

Best books online free Guanxi and Business Strategy : Theory and Implications for Multinational Companies in China

Download free version and read Guanxi and Business Strategy : Theory and Implications for Multinational Companies in China eReaders, Kobo, PC, Mac

Avalable for download to iOS and Android Devices Guanxi and Business Strategy : Theory and Implications for Multinational Companies in China