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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Entrepreneurial and Small Business Operations

Singapore Management University

2022

China

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Is Guanxi Still Everything When Doing Business In China?, Singapore Management University Jun 2022

Is Guanxi Still Everything When Doing Business In China?, Singapore Management University

Perspectives@SMU

Research finds that traditional guanxi-style connection-building is no longer the main key to success when doing business in China, and a new generation of Chinese entrepreneurs form business ties based on reputation and capabilities


Under What Circumstances Are Chinese Entrepreneurs Reluctant To Go Public, Ting Huang Jun 2022

Under What Circumstances Are Chinese Entrepreneurs Reluctant To Go Public, Ting Huang

Dissertations and Theses Collection (Open Access)

As secondary stock markets often overestimate corporate value, many Chinese entrepreneurs seek to achieve their wealth targets by going public. However, some companies in China do not want to go public. This paper utilises multi-case research methods to develop theories about which factors lead to corporate reluctance to go public. Case studies show that compared with entrepreneurs with lower shareholdings, entrepreneurs with higher shareholdings have stronger long-term orientations and a greater desire for control and are more reluctant to go public. Industry characteristics affect entrepreneurs’ long-term orientation, desire for control, and early listing experience, thus influencing their listing decision-making. Empirical …