China's aerospace enterprises carry on the multinational operation and participate in the international competition and the international division of labor and cooperation positively. This article first analyzs China...China's aerospace enterprises carry on the multinational operation and participate in the international competition and the international division of labor and cooperation positively. This article first analyzs China aerospace enterprises' binary multinational business control objective and constructes its model. Then the article analyzes the tangible and intangible control mechanism of China aerospace enterprises' binary multinational operation respectively. Finally, the article constructs the model of China aerospace enterprises' binary multinational operation mechanisms.展开更多
This paper examines the organisational hierarchies and decision making processes of two Chinese multinational enterprises operating in Vietnam—hina Luoyang Floating Glass Corp. (CLFG) and China TCL Holdings Co. Lt...This paper examines the organisational hierarchies and decision making processes of two Chinese multinational enterprises operating in Vietnam—hina Luoyang Floating Glass Corp. (CLFG) and China TCL Holdings Co. Ltd. (TCL). For this study, research data were obtained from in-depth interviews of more than 20 government officials in E R. China and Vietnam, and managers and staff of those two enterprises. Results indicate that the organisational structures of the two enterprises are still vertical but complex, although moderate changes made to them post the nationwide economic reform of China. Consequently, decision making process follows a "top-down" model, sometimes, with insufficient grassroots information. Findings are discussed in the light of political, social and cultural milieu, and implications are drawn for the management of Chinese multinational enterprises operating in overseas markets. Both CLFG and China TCL are structured on task specialisations. However, departmentalisation in TCL's overseas division in head office is not only based on products, but also on geographical regions of markets. The organisational structure of TCL in Vietnam is less complex than the international division, but it is more centralised. Decision making at TCL combines more traditional Chinese business philosophy with modern western organisational characteristics. TCL has a strong western influence in its management style. However, some traditional characteristics such as "hero" leadership influence and political influence are involved with decision making at TCL. Amongst others, the transitional economy, social culture, poor management system and political sensitivity have been major elements influencing decision making. In the case of CLFG. some decisions have been made before proper information has been gathered and analysed.展开更多
Past research has suggested that diplomacy can play a significant role as a mechanism to pave the way for multinational enterprises(MNEs)in foreign countries.Drawing on the international political economy perspective,...Past research has suggested that diplomacy can play a significant role as a mechanism to pave the way for multinational enterprises(MNEs)in foreign countries.Drawing on the international political economy perspective,this article analyzes the influence of the diplomatic activities of the Chinese government on the location of Chinese MNEs.It develops several hypotheses regarding the influence of three essential tools in the Chinese government's current diplomatic agenda:high-level visits by the Chinese President,the establishment of Confucius Institutes,and the Belt and Road Initiative(BRI).The empirical analysis is based on a sample of 972 country-year observations from 2013 to 2021.The results show that high-level government visits and Confucius Institutes positively impacted the location of China's outward foreign direct investments,with the effect being lower in BRI countries.The impact of Confucius Institutes was higher for state-owned enterprises.展开更多
Ⅰ.IntroductionDuring the past two decades,many multinationalenterprises(MNEs)have made substantial investmentsin emerging markets.Two factors dominate thereasoning in favor of such an investment strategy:lowlabor cos...Ⅰ.IntroductionDuring the past two decades,many multinationalenterprises(MNEs)have made substantial investmentsin emerging markets.Two factors dominate thereasoning in favor of such an investment strategy:lowlabor costs and the large size of the markets in the hostcountries.While these two economic factors seem quite展开更多
文摘China's aerospace enterprises carry on the multinational operation and participate in the international competition and the international division of labor and cooperation positively. This article first analyzs China aerospace enterprises' binary multinational business control objective and constructes its model. Then the article analyzes the tangible and intangible control mechanism of China aerospace enterprises' binary multinational operation respectively. Finally, the article constructs the model of China aerospace enterprises' binary multinational operation mechanisms.
文摘This paper examines the organisational hierarchies and decision making processes of two Chinese multinational enterprises operating in Vietnam—hina Luoyang Floating Glass Corp. (CLFG) and China TCL Holdings Co. Ltd. (TCL). For this study, research data were obtained from in-depth interviews of more than 20 government officials in E R. China and Vietnam, and managers and staff of those two enterprises. Results indicate that the organisational structures of the two enterprises are still vertical but complex, although moderate changes made to them post the nationwide economic reform of China. Consequently, decision making process follows a "top-down" model, sometimes, with insufficient grassroots information. Findings are discussed in the light of political, social and cultural milieu, and implications are drawn for the management of Chinese multinational enterprises operating in overseas markets. Both CLFG and China TCL are structured on task specialisations. However, departmentalisation in TCL's overseas division in head office is not only based on products, but also on geographical regions of markets. The organisational structure of TCL in Vietnam is less complex than the international division, but it is more centralised. Decision making at TCL combines more traditional Chinese business philosophy with modern western organisational characteristics. TCL has a strong western influence in its management style. However, some traditional characteristics such as "hero" leadership influence and political influence are involved with decision making at TCL. Amongst others, the transitional economy, social culture, poor management system and political sensitivity have been major elements influencing decision making. In the case of CLFG. some decisions have been made before proper information has been gathered and analysed.
文摘Past research has suggested that diplomacy can play a significant role as a mechanism to pave the way for multinational enterprises(MNEs)in foreign countries.Drawing on the international political economy perspective,this article analyzes the influence of the diplomatic activities of the Chinese government on the location of Chinese MNEs.It develops several hypotheses regarding the influence of three essential tools in the Chinese government's current diplomatic agenda:high-level visits by the Chinese President,the establishment of Confucius Institutes,and the Belt and Road Initiative(BRI).The empirical analysis is based on a sample of 972 country-year observations from 2013 to 2021.The results show that high-level government visits and Confucius Institutes positively impacted the location of China's outward foreign direct investments,with the effect being lower in BRI countries.The impact of Confucius Institutes was higher for state-owned enterprises.
文摘Ⅰ.IntroductionDuring the past two decades,many multinationalenterprises(MNEs)have made substantial investmentsin emerging markets.Two factors dominate thereasoning in favor of such an investment strategy:lowlabor costs and the large size of the markets in the hostcountries.While these two economic factors seem quite