The Globalisation of Chinese Business Firms

List of Tables 1.1 Leading Chinese business firms among the top 50 TNCs from emerging markets, ranked by foreign assets, 1995 1.2 Major ethnic Chinese transnational corporations from East and Southeast Asia 1.3 Distribution of ethnic Chinese outside China 1.4 Ethnic Chinese in East and Southeast Asia, 1995 1.5 Financial statistics of the 500 largest public companies in Asia controlled by ethnic Chinese, 1994 1.6 Multi-disciplinary research into 'overseas Chinese' business 4.1 Sources of foreign capital in China, 1979-93 4.2 Listed members of the Charoen Pokphand Group, Thailand 4.3 World-class hotels owned and controlled by Chinese business firms from Hong Kong 4.4 Characteristics of Chinese business firms in their globalization process 8.1 Chinese occupational patterns in Los Angeles County 8.2 Chinese-owned financial institutions headquartered in Los Angeles County 10.1 Estimated overseas Chinese population of Hainan origin, by country 10.2 Singapore's contracted FDI value and number of projects approved in Hainan (in US$million) 10.3 Hainan's realized foreign investment from Asian countries (in US$million) 10.4 Investment strategies of Singaporean firms in Hainan 11.1 Provincial distribution of foreign capital in PRC (1996) viii List of Figures 1.1 World map 2.1 Business dealings between the major ethnic Chinese in Asia, 1990-4 4.1 A network spectrum of different forms of organizing international production 6.1 Impact of networks on the internationalization of the firm 6.2 Investment scenarios of Chinese-owned multinational enterprises from a network perspective 9.1 Pacific Place on the former Expo '86 site (North Shore/False Creek) 10.1 Location of Singaporean investments in China 10.2 Modes of entry of Singaporean investments in Hainan 10.3 Hainan Zilong Group Co. 11.1 Number of failures per 10 000 firms Globalization Of Chinese Business Firms Examines The Management Of Ethnic Chinese Transnational Corporations And Offers Theoretical Perspectives On The Globalization Of Chinese Firms. It Also Presents Case Studies Of Specific Chinese Business Firms With Transnational Activities, Highlighting Numerous Implications For International Managers And Executives. Bringing Together Experience From North America, Western Europe And Asia, The Book Draws On Insights From International Business, Organizational Sociology, International Political Economy And Economic Geography To Develop An Integrated And Interdisciplinary Approach To The Understanding Of Chinese Business Firms And Their Overseas Activities.--jacket. What Is Chinese About Chinese Family Business? And How Much Is Family And How Much Is Business? / Gordon Redding -- Reciprocity And Control: The Organization Of Chinese Family-owned Conglomerates / Gary G. Hamilton -- The Dynamics Of The Globalization Of Chinese Business Firms / Henry Wai-chung Yeung -- Globalization, Institutionalization And The Social Foundation Of Chinese Business Networks / Hong Liu -- Internationalization Of Ethnic Chinese-owned Enterprises: A Network Approach / Haiyan Zhang And Daniel Van Den Bulcke -- Transplanting Enterprises In Hong Kong / Siu-lun Wong -- Bridging The Continents: The Roles Of Los Angeles Chinese Producer Services In The Globalization Of Chinese Business / Yu Zhou -- Chinese Business Networks And The Globalization Of Property Markets In The Pacific Rim / Katharyne Mitchell And Kris Olds -- The Internationalization Of Singaporean Firms Into China: Entry Modes And Investment Strategies / Chia-zhi Tan And Henry Wai-chung Yeung -- Failures And Strategies Of Hong Kong Firms In China: An Ethnographic Perspective / Alan Smart And Josephine Smart. Edited By Henry Wai-chung Yeung And Kris Olds. Includes Bibliographical References (p. 279-308) And Indexes. Front Matter....Pages i-xiv Globalizing Chinese Business Firms: Where are They Coming From, Where are They Heading?....Pages 1-28 Front Matter....Pages 29-29 What is Chinese about Chinese Family Business? And How Much is Family and How Much is Business?....Pages 31-54 Reciprocity and Control: The Organization of Chinese Family-Owned Conglomerates....Pages 55-74 The Dynamics of the Globalization of Chinese Business Firms....Pages 75-104 Globalization, Institutionalization and the Social Foundation of Chinese Business Networks....Pages 105-125 Internationalization of Ethnic Chinese-Owned Enterprises: A Network Approach....Pages 126-149 Front Matter....Pages 151-151 Transplanting Enterprises in Hong Kong....Pages 153-166 Bridging the Continents: The Roles of Los Angeles Chinese Producer Services in the Globalization of Chinese Business....Pages 167-194 Chinese Business Networks and the Globalization of Property Markets in the Pacific Rim....Pages 195-219 The Internationalization of Singaporean Firms into China: Entry Modes and Investment Strategies....Pages 220-243 Failures and Strategies of Hong Kong Firms in China: An Ethnographic Perspective....Pages 244-271 Front Matter....Pages 273-273 Epilogue....Pages 275-278 Back Matter....Pages 279-326 Yeung and Olds (both professors of geography, National U. of Singapore) 12 papers which take recent trends as a starting point and examine various aspects of the globalization of Chinese business forms. In particular the contributors focus on two major issues: theoretical perspectives on globalization: and the management and strategic practices of ethnic Chinese transnational corporations. The interdisciplinary approach of the papers draw on insights from international business, organizational sociology, international political economy, and economic geography. Chinese business firms and their networks of personal and business relationships, are becoming increasingly important players in the global economy. This book examines the global and regional operations of Chinese business firms and considers their implications for the management and organisation of these firms, aided by specific case studies. Written by leading researchers in this field, The Globalisation of Chinese Business Firms is a valuable and timely contribution to the study of Asian business systems. Chinese business firms and their networks of personal and business relationships, are becoming increasingly important players in the global economy. This book examines the global and regional operations of Chinese business firms and considers their implications for the management and organization of these firms, aided by specific case studies. Written by leading researchers in this field, Globalizing Chinese Business Firms is a valuable and timely contribution to the study of Asian business systems.