TRUST AND ANTITRUST IN ASIAN BUSINESS ALLIANCES: HISTORICAL ROOTS AND CURRENT PRACTICES; ED. BY JOHN B. KIDD

This book explores cutting-edge models and practices that support cultural alliances over boundaries. It examines trends in Asia's modification of its economic and fiscal environment, strategies undertaken by multinational companies and governments in Asia in coping with divergent cultures, organizational restructuring to support alliance formation and maintenance and post-crisis strategies. The book illustrates the range of governance structures that are seen to be better (or worse) at supporting alliances and it offers an approach to ameliorating difficulties. Cover......Page 1 Contents......Page 6 List of Figures......Page 8 List of Tables......Page 9 Foreword......Page 10 Notes on the Contributors......Page 12 Part I The Nature of Trust......Page 18 1 Building Trust in Asian Business......Page 20 2 East Asian Economies: Westernization, Liberalization and New Regionalism......Page 49 Part II The Antecedents of Trust......Page 76 3 Is Wealth Creation Sustainable? Trust, Need and Greed in the Development Process......Page 78 4 Sustainable Governance for Sustainable Development......Page 101 5 The ‘Co-op–Comp’ Chinese Negotiation Strategy......Page 138 6 Tao Zhugong’s Chinese Business Principles (770–221 BC): A Convergence with Modern-day Construction and Real Estate Practices......Page 168 Part III Trust in Asian Governance and Commerce......Page 196 7 The Role of Trust in the Process of Alliance Evolution......Page 198 8 Business Linkages and Resilience of SMEs during the East Asian Crisis: The Role of Networks and Trust between TNCs and Local Suppliers......Page 213 9 How Sustainable are Benefits from Global Production Networks? Malaysia’s Upgrading Prospects in the Electronics Industry......Page 226 10 Asian Values, Malaysian Style: Imperatives for Building Cross-cultural Partnerships in Malaysia......Page 248 11 Focus on China: New Challenges for Japanese–German Strategic Business Alliances in a Dynamic Environment: A Theoretical View of Third-market Business Collaboration......Page 269 12 Trust and Antitrust in Cross-cultural Alliances: Cross-cultural Management Challenges in Japan......Page 290 13 Clusters as ‘ba’ for Knowledge Management......Page 307 14 A Cross-cultural Comparative Study of German and Singaporean Employees’ Trust Decisions Following a Takeover: Implications for Cross-border Mergers and Acquisitions......Page 331 15 Creating Trust in the Korean Chaebol......Page 347 Part IV Personal and Public Roles......Page 368 16 Developing Trust: Obstacles and Understanding......Page 370 C......Page 392 G......Page 393 K......Page 394 L......Page 395 P......Page 396 S......Page 397 W......Page 398 Z......Page 399 A......Page 400 B......Page 401 C......Page 403 D......Page 408 E......Page 409 F......Page 411 G......Page 412 H......Page 413 I......Page 414 J......Page 416 K......Page 417 L......Page 418 M......Page 420 N......Page 422 P......Page 423 R......Page 425 S......Page 427 T......Page 430 U......Page 433 W......Page 434 Z......Page 435 Foreword / Francis Fukuyama -- The Nature Of Trust -- Building Trust In Asian Business / John B. Kidd, Frank-jurgen Richter -- East Asian Economies: Westernization, Liberalization And New Regionalism / Ivan Tselichtchev -- The Antecedents Of Trust -- Is Wealth Creation Sustainable? Trust, Need And Greed In The Development Process / Hock-beng Cheah -- Sustainable Governance For Sustainable Development / Gill-chin Lim -- The 'co-op-comp' Chinese Negotiation Strategy / Tony Fang -- Tao Zhugong's Chinese Business Principles (770-221 Bc): A Convergence With Modern-day Construction And Real Estate Practices / Sui Pheng Low -- Trust In Asian Governance And Commerce -- The Role Of Trust In The Process Of Alliance Evolution / Anna Goussevskaia, John B. Kidd -- Business Linkages And Resilience Of Smes During The East Asian Crisis: The Role Of Networks And Trust Between Tncs And Local Suppliers / Philippe Regnier -- How Sustainable Are Benefits From Global Production Networks? Malaysia's Upgrading Prospects In The Electronics Industry / Deiter Ernst -- Asian Values, Malaysian Style: Imperatives For Building Cross-cultural Partnerships In Malaysia / David Wong, Michael Yeoh -- Focus On China: New Challenges For Japanese-german Strategic Business Alliances In A Dynamic Environment: A Theoretical View Of Third-market Business Collaboration / Rene Haak -- Trust And Antitrust In Cross-cultural Alliances: Cross-cultural Management Challenges In Japan / Pawel Komender -- Clusters As 'ba' For Knowledge Management / Yoko Ishikura. John Kidd And Frank-jürgen Richter. Includes Bibliographical References And Index. Résumé : This book is about relationships in global alliances in which we have to work with people from many regions of the world who each hold quite different views about their business relationships. As we are concentrating upon "Asian Business Alliances" we review the old Confucian foundations of behaviour which today still pervade businesses and interpersonal relationships in East Asia. Outsiders have to learn to interact with Confucianism, as well as other indigenous beliefs and religions. Naturally one facet of business relates to corruption which may be promoted by nepotism, cronyism and favouritism. If corruption and malpractice is rife we can't trust easily, and so we increase our transaction costs in ill-defined ways as we individually attempt to create insurances against losses. This book looks widely at business practices across Asia but concentrates on the larger economies of Japan, China, Malaysia and Singapore as they contrast in style, ethics, and business processes. The authors point out that there is scope for radical change to take place in the near future and note that it is in the Asian countries that necessary changes must take place, as their institutions are re-created to meet the modern world. Once this is achieved, Asian leaders will have the opportunity to facilitate and re-direct institutions in the developed world. The time for this is coming fast as China becomes the manufacturing powerhouse of the world, so altering the balances of power and trust in global partnerships This book is about relationships in global alliances in which we have to work with people from many regions of the world who each hold quite different views about their business relationships. As we are concentrating upon 'Asian business alliances' we review the old Confucian foundations of behaviour which today still pervade businesses and interpersonal relationships in East Asia. Outsiders have to learn to interact with Confucianism, as well as other indigenous beliefs and religions. Naturally one facet of business relates to corruption, which may be promoted by nepotism, cronyism and favouritism. If corruption and malpractice is rife we can't 'trust' easily, and so we increase our transaction costs in ill-defined ways as we individually attempt to create insurances against losses. This book looks widely at business practices across Asia but concentrates on the larger economies of Japan, China, Malaysia and Singapore as they contrast in style, ethics and business processes. The authors point out that there is scope for radical change to take place in the near future and note that it is in the Asian countries that necessary changes must take place, as their institutions are recreated to meet the modern world. Once this is achieved, Asian leaders will have the opportunity to facilitate and redirect institutions in the developed world. The time for this is fast coming as China becomes the manufacturing powerhouse of the world, so altering the balances of power and trust in global partnerships. This book reviews the deep historical roots of Asian business ethics and firmly places these into the modern context. From this analysis the various authors review the role of trust in alliances - in general, and in operational detail in several countries in South and East Asia: Malaysia, Japan, Singapore and Korea are featured. Finally we note the need to develop trust looking at the obstacles of understanding these aspects. From an analysis of the deep historical roots of Asian business ethics, placed into the modern context, the contributors to this volume review the role of trust in alliances in general and in operational detail in several countries in South and East Asia: Malaysia, Japan, Singapore and Korea