Business Commons^™

A Strategic Management Approach To Guanxi In China, Xiaowen Tian, Moxi Song, Ran Tian

Xiaowen Tian

This article adopts a strategic management approach to addressing the issue of how to achieve both corporate profitability and corporate social responsibility in dealing with Guanxi in the Chinese business context. It argues that environment scanning, strategy formulation, strategy implementation and strategy evaluation and control should be the key components of strategic management of Guanxi. The article proposes a practical framework for managing Guanxi strategically in the emerging China market, and illustrates the framework with cases in the real world.

International Business Research Amid Accelerated Globalisation: An Editorial, Xiaowen Tian

Xiaowen Tian

Extract

The landscape of global business has changed dramatically since the 1980’s and the market competition has now become truly global with the rise of emerging market countries such as Brazil, Russia, India and China. Competing in the rapidly changing global business environment, companies face new challenges and have to deal with a wide range of emerging issues that they either have not experienced or have not paid attention to before.

The special issue of the Journal for International Business and Entrepreneurship Development includes six papers that discuss the issues faced by companies in accelerated globalisation today. In the editorial, …

Socially Responsible Foreign Direct Investment: A Challenge To Tncs In Emerging Markets, Xiaowen Tian, Moxi Song, Ran Tian

Xiaowen Tian

A widening gap between the rich and the poor is found in most, if not all, emerging market countries that have recently opened up to FDI and is threatening the sustainability of economic progress in these countries. The study finds strong evidence that FDI contributes to the widening gap between rich and poor regions through negative productivity spillovers in the largest emerging market of China, and provides some theoretical explanations. The study discusses implications of the findings for transnational corporations in making socially responsible investment and for emerging market countries in attracting foreign investors to poor regions.