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Full-Text Articles in Business

A Community Of Practice For Chinese Ngos, Reza Hasmath, Jennifer Yj Hsu Jan 2020

A Community Of Practice For Chinese Ngos, Reza Hasmath, Jennifer Yj Hsu

Reza Hasmath

A community of practice represents an important resource for the sharing of sector-specific knowledge. It is a mechanism for Chinese NGOs to learn from each other, and collaborate. Drawing upon original data elicited from over 100 NGOs, this article examines the organizational capacity for Chinese NGOs to cultivate a mature community of practice. We find that there are inherent headwinds that Chinese NGOs will have to navigate to accomplish this goal. On the one hand, the majority of NGOs in our sample do not see themselves as part of a community of experts, which presents a huge challenge for the …


Covered Interest Rate Parity: The Usd And Cny, Kimberly D. Scott Nov 2015

Covered Interest Rate Parity: The Usd And Cny, Kimberly D. Scott

Kimberly D Scott

One of many tests of international finance is a test termed Covered Interest Rate Parity (CIRP). This theorem posits that exchange rate forward premiums (discounts) are offset by the respective interest rate differential between two currencies (Bhargava, Dania, & Malhotra, 2011). To briefly describe another theorem of interest rate parity is the Uncovered Interest Rate Parity (UIRP). This theorem posits that a return on an uncovered foreign currency deposit should be equal to the return on a similar domestic deposit despite the national market the foreign deposit is located.


A Historical Reading Of China’S Foreign Exchange Reform And 1993 Currency Devaluation, Era Qian Nov 2015

A Historical Reading Of China’S Foreign Exchange Reform And 1993 Currency Devaluation, Era Qian

McDonough Research Journal

This paper aims at assessing China’s foreign exchange reform and analyzing the driving factors behind its 1993 currency devaluation. It focuses on the sequencing of reforming efforts and clarifies the different concepts of currency convertibility. It also discussed the special circumstances that led to reform at the time. Our research results suggest that China’s economic progress and policy orientation had drawn a clear roadmap for its reforming effort. Meanwhile, its existing swap center network, export subsidy elimination process, domestic inflation and entry to GATT made 1993 a critical timing to unite its dual exchange rate. China’s need for capital inflow …


Chinese Approach To Exchange Rates And Impact On Trade, Kimberly D. Scott Nov 2015

Chinese Approach To Exchange Rates And Impact On Trade, Kimberly D. Scott

Kimberly D Scott

The United States and China have embarked on considerable deliberation in the United States trade and the value of the Chinese currency among academics and politicians alike. Over the years, research on the two topics has consistently addressed the subject by investigating the equilibrium real exchange rate between the yuan (CNY) and the dollar (USD), with results exposing the undervaluation in the yuan since the 1990’s.


Cny & Usd: Foreign Exchange Rates, Kimberly D. Scott Nov 2015

Cny & Usd: Foreign Exchange Rates, Kimberly D. Scott

Kimberly D Scott

A forward rate is related to a spot rate that is set to take place in the future (Bekaert & Hodrick, 2012). Interestingly, one issue that can be challenging when performing transactions is not knowing what the rate will yield in the future versus at present. Due to market pressures or even policy decisions, either a devaluation or revaluation of domestic currency to foreign currencies can transpire.


Chinese Yuan And The American Dollar, Kimberly D. Scott Nov 2015

Chinese Yuan And The American Dollar, Kimberly D. Scott

Kimberly D Scott

The economic relationship between China and the United States has been a hit and miss discussion over the years. One question, in particular, has stimulated more than speculation, but empirical research of whether we know that China's currency is undervalued is certainly a trigger to perform further research.


What Determines M&A Legal And Financial Advisors' Competitiveness In An International Financial Centre: Using China's Going Out Policy As A Natural Experiment, Bryane Michael Jan 2015

What Determines M&A Legal And Financial Advisors' Competitiveness In An International Financial Centre: Using China's Going Out Policy As A Natural Experiment, Bryane Michael

Bryane Michael (bryane.michael@stcatz.ox.ac.uk)

How can legal and financial advisors compete in the global market for M&A mandates? In this presentation, we review the arguments made in our paper.


China's New Energy Vehicles: Value And Innovation, Chris Kimble, Hua Wang Feb 2013

China's New Energy Vehicles: Value And Innovation, Chris Kimble, Hua Wang

Chris Kimble

The overarching theme of this article is the importance of innovations that are created within the emerging economies. More specifically, the article aims to focus on the development of various alternatives to vehicles powered by the internal combustion engine, new energy vehicles (NEVs), within China. The broad strategic approach of two sectors within the NEV sector in China, the pure electric vehicle (EV) and the low-speed electric vehicle (LSEV) sectors, are compared using recent data and conclusions are drawn. The EV sector is viewed by central government as a key sector for China's future industrial growth and is heavily supported. …


Can The Hong Kong Icac Help Reduce Corruption On The Mainland?, Bryane Michael Jan 2013

Can The Hong Kong Icac Help Reduce Corruption On The Mainland?, Bryane Michael

Bryane Michael (bryane.michael@stcatz.ox.ac.uk)

Hong Kong’s Independent Commission Against Corruption (ICAC) serves as the example par excellence of a successful anti-corruption agency. Yet, the Agency works in one of the more corrupt jurisdictions world-wide (the People’s Republic of China). To what extent can the ICAC – and the Prevention of Bribery Ordinance (POBO) which regulates its work – contribute to reductions in corruption on the Mainland? In this paper, we look at the ways in which the ICAC – technically a Chinese agency (albeit operating in a legally independent jurisdiction) – can help to reduce and prevent corruption on the Mainland. We find that …


Chinese Investment In Africa: China’S Empathetic Support Of Poor And Despotic Regimes, And The Competition Western Companies Face, Richard W. Gove May 2012

Chinese Investment In Africa: China’S Empathetic Support Of Poor And Despotic Regimes, And The Competition Western Companies Face, Richard W. Gove

Richard W Gove

This paper discusses the recent economic parallels and interconnections between China and the different nations in Africa, especially sub-Saharan Africa. In 2009, China surpassed the United States to become Africa’s largest trade partner, and China has committed to establishing stronger connections with African economies. Much of the increase in trade is a result of China’s thirst for oil and Africa’s desperate need for foreign investment. However, many legal issues surround Chinese involvement in Africa, especially public corruption, and the instability of African regimes has created political risk that leaves China with little competition and Africa with few alternatives. The main …


Ethical Dilemma Of Foreign Aid And China's One-Child Policy, Kip Klingman Apr 2012

Ethical Dilemma Of Foreign Aid And China's One-Child Policy, Kip Klingman

Kip Klingman

Discussion: whether to or not to provide funds for a group in China, which provides family health clinics in the most poverty-stricken regions in China.


Overview Of The Evolution Of China's Central Bank And Monetary Policy: Correlation To The European Union, Alida S. Skold Jul 2011

Overview Of The Evolution Of China's Central Bank And Monetary Policy: Correlation To The European Union, Alida S. Skold

Alida S. Skold

As an innovator in the financial system, China was the first to use paper currency. Eventually the form of currency was held responsible for devastating inflation and was abandoned during the Ming Dynasty. Going forward in time, uprisings and discontent have emphasized the importance of controlling inflation. The central bank is pivotal in issuing monetary policy to control inflation and to maintain financial stability as the government transforms itself from a planned economy to a mixed market economy. The transforming economy is moving toward a free market system through series of economic reforms. The correlation between China’s structure and the …


Building The “Alloy” Company Culture As The Core Measure, Yan Liang May 2011

Building The “Alloy” Company Culture As The Core Measure, Yan Liang

Yan LIANG

It is almost every Multinational Enterprise’s necessary heavy task to build the “alloy” company culture in the local subsidiary, which needs a relative long time period to finish, so how to understand the term here?


It Is Necessary And Important To Do The Cross-Cultural Training, Yan Liang Feb 2011

It Is Necessary And Important To Do The Cross-Cultural Training, Yan Liang

Yan LIANG

It is not enough to just make frequent communications among staff in the cross-cultural environment, the training especially before being on the post is still necessary for the staff to do their job effectively and efficiently. I will make my discussion from the following two respects:


Forming A Right Recognition On The Cultural Divergence And Conflict By Taking Japanese-Invested Companies In China As The Example, Yan Liang Jul 2010

Forming A Right Recognition On The Cultural Divergence And Conflict By Taking Japanese-Invested Companies In China As The Example, Yan Liang

Yan LIANG

It is widely accepted that each culture is unique and should be admired as long as it has existed and developed for a long time, however, it seems not so easy to let one person especially one adult man with obtained comparatively mature view towards the life and the world admit accept and finally like one totally strange culture on the other end of the earth, let alone working with the colleagues with the strange culture.


Nuevamente Europa.... Y China, Wenceslao Gimenez Bonet Jun 2010

Nuevamente Europa.... Y China, Wenceslao Gimenez Bonet

Wenceslao Gimenez Bonet

El escenario monetario internacional está sumido en la penumbra y en la duda. Por un lado, Europa no sale de la crisis de algún país en particular y, por otro, EE.UU. y China presentan síntomas poco claros.


Brief Instruction Of Cross-Culture Hr Management, Yan Liang Nov 2009

Brief Instruction Of Cross-Culture Hr Management, Yan Liang

Yan LIANG

With the speed of the integration of the world economy becoming quicker and quicker, more and more multinational enterprises have gradually devoted more and more their attention to China, the largest developing country in the East where a lot of attractive opportunities are waiting eagerly for their attendance, meanwhile which is accompanied with many new appearing problems to solve. Under such kind of economic environment, the efficient cross-culture HR management is becoming necessary and urgent.