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A Strategic Management Approach To Guanxi In China, Xiaowen Tian, Moxi Song, Ran Tian
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.
Socially Responsible Foreign Direct Investment: A Challenge To Tncs In Emerging Markets, Xiaowen Tian, Moxi Song, Ran Tian
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.