What do Chinese managers do? What do they do differently from Western managers? This paper is based on an empirical study in Chinese organizations in Singapore that analyzes differences in managerial work and behavior. The paper deals with the managerial work of Chinese organizations, and the managerial roles in Chinese organizations. A comparison between these research findings and Mintzberg's study is also presented. Implications are drawn for Chinese managers, management educators, and organization theorists.
With 175 family businesses on the Fortune 500 list, from DuPont and Motorola to IBM, there is no doubt that family-run enterprises play an important role in global economic development. Their role is no less significant in China where, in keeping with the country's rapid economic growth, family businesses are emerging in increasing numbers.
Unique characteristics, such as succession, management, staffing, family affairs, strategy planning and governance structure, set family businesses apart from other business types. As a result, they face particular challenges in survival and sustainability.
In this book, three modern Chinese family businesses, including food and beverage company Yeo Hiap Seng, are studied to analyze the problems that family enterprises face. Other case studies include long-standing family businesses in Europe, America and Asia, such as Ford, Kikkoman and Samsung. This book also discusses the changing characteristics of Chinese family businesses, the pitfalls that such enterprises are likely to face, and how they can overcome these pitfalls and achieve sustainable development.
We propose that relationship-specific investment induces accounting conservatism and find that at both industry and firm levels a firm's accounting conservatism is positively associated with relationship-specific investment of its customers/suppliers. Further, this association is weaker when vertical integration or extended relationship exists between the firm and its customers/suppliers. These results are qualitatively invariant to alteration of proxies for relationship-specific investment, conservatism or control for endogeneity.
Academy of Management Annual Meeting Proceedings
This study examines three types of parent control in IJVs and their relationships with local parent goal achievement. Our findings, based on a survey of 194 IJVs in China, suggest positive impacts of local parent controls and mixed impacts of foreign parent controls.