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Full-Text Articles in Social and Behavioral Sciences
Models Of Trust-Sharing In Chinese Private Enterprises, Zhong Qin, Guibin Zhang
Models Of Trust-Sharing In Chinese Private Enterprises, Zhong Qin, Guibin Zhang
Faculty of Commerce - Papers (Archive)
This paper presents two related models of development patterns of Chinese private enterprises. They illustrate incentive-based reasons for ownership arrangements of private enterprises, and highlight how institutional foundations of trust, particularly government and family-based cultural values, play an important role in influencing the development of private enterprises. These models attempt to explain why government and family-based culture are crucial for the ownership structure and management of private enterprises. The main argument in the models is that the structure of family businesses can be viewed, in essence, as a form of trust-sharing (Guanxi-sharing) arrangement within the firm. Furthermore, the increase in …
Government And Family Guanxi In Chinese Private Enterprises, Guibin Zhang, Zhong Qin
Government And Family Guanxi In Chinese Private Enterprises, Guibin Zhang, Zhong Qin
Faculty of Commerce - Papers (Archive)
Domestic private enterprises have dramatically re-emerged in China's unique transition from a planned to a market-oriented economy, where the private sector plays an increasingly important role. Over the last quarter of a century, there has been a decline in 'red-hat' enterprises and an increased dominance of family businesses among private enterprises.This paper employs the concept of trust, which stems from traditional culture and comprises two important components (government and family), to investigate the changing patterns of corporate governance. The core argument of this paper is that family trust is replacing government trust within Chinese private enterprises. The study of the …
Competitiveness Strategies Of Small And Medium Enterprises In Transitional Economies, Charles Harvie, Cong Luyen Viet Le, Elias Sanidas
Competitiveness Strategies Of Small And Medium Enterprises In Transitional Economies, Charles Harvie, Cong Luyen Viet Le, Elias Sanidas
Faculty of Commerce - Papers (Archive)
This paper looks at the participation of SMEs in the global market with a focus on SMEs in transitional economies. We identify a number of barriers that SMEs have to face in international markets due to their smallness. We then discuss several competitive strategies that are relevant to SMEs in transitional economies. They include subcontracting, participating in value chains, developing niche market and networking. By presenting the case of Vietnamese SMEs exports we show that there is a lot to be done for them to participate further in international markets. Finally, we offer some practical policy recommendations.