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
When Africa's growth faces headwinds and when China's Belt and Road Initiative finds synergy with Africa's development agenda, it is imperative for Chinese enterprises to adjust their strategies and tradit...When Africa's growth faces headwinds and when China's Belt and Road Initiative finds synergy with Africa's development agenda, it is imperative for Chinese enterprises to adjust their strategies and traditional practices in order to deal with all kinds of risks. It is also urgent for the Chinese government to be fully prepared to help safeguard the legitimate interests of its nationals and enterprises in Africa when it is needed.展开更多
This article introduces the development background of the digital convergence,analyzes the challenges facing the convergence,and suggests that Chinese telecommunication enterprises should use the chance of the digital...This article introduces the development background of the digital convergence,analyzes the challenges facing the convergence,and suggests that Chinese telecommunication enterprises should use the chance of the digital convergence to become the mainstay of technological innovation. It thinks that the digital convergence brings a set of advantages such as reducing the cost for network construction and maintenance,and quickening the pace of the new service development. However,it points out that the convergence has to undergo profound network and technology transformation and improvement in order to be realized,which should be promoted together by the transmission network,bearer network,core service network,MAN and access network.展开更多
Entry into WTO means that Chinese enterprises, which were deeply influenced by planned economy, will scramble for profits with those world famous transnational companies of strong strength. Facing such competitive sit...Entry into WTO means that Chinese enterprises, which were deeply influenced by planned economy, will scramble for profits with those world famous transnational companies of strong strength. Facing such competitive situation, how can China cultivate more famous and strong Chinese transnational companies on the international market? This is a question for many economists and enterprisers to make serious research.展开更多
This is the fifth year since the first "Chinese Enterprises Competitiveness Annual Meeting" convened in 2003. During those five years,we have witnessed a period of remarkable performance by Chinese enterpris...This is the fifth year since the first "Chinese Enterprises Competitiveness Annual Meeting" convened in 2003. During those five years,we have witnessed a period of remarkable performance by Chinese enterprises. These last five years have seen a reaping of the fruits brought about by China's three-decade-long reform and opening, as evidenced by the increasing growth and maturity of Chinese enterprises and the rising competitiveness of publicly listed Chinese enterprises. Along with the development of globalization initiatives, Chinese enterprises are moving firmly and solidly towards internationalization and have begun to have a profound impact on the world economy. The roadmap of Chinese enterprises has now become a focus of global attention.展开更多
Institutional theory has proved the influence of institutional pressures on organization practices and structures. Meanwhile, with the soaring use of corporate social performance （CSP）, more researchers are focusing...Institutional theory has proved the influence of institutional pressures on organization practices and structures. Meanwhile, with the soaring use of corporate social performance （CSP）, more researchers are focusing on exploring the relationship between institution pressures and CSP which is still not completely understood yet. Against this background, the paper aims to fill the gap through generally hypothesizing that different types of institutional pressures individually and collectively affect CSP via the mediating effect of corporate environmental strategy. First, based on the previous and extensive literature review, the theoretical framework and research hypotheses are constructed. Next, canonical correlation analysis about the panel data of 51 Chinese large-scale power generation enterprises from 2004 to 2009 is made to test the relevant hypotheses. Finally, based on the data analysis results, the study draws some conclusions and policy implications for promoting the CSP of Chinese enterprises, including enhancing the steering function of government policies and industry regulations and emphasizing the intermediary role of media.展开更多
Enterprises are susceptible to national economic performance of each major economy.In the past the developing countries are where trade protectionism frequently happened.But in the last two years,abnormal tariff measu...Enterprises are susceptible to national economic performance of each major economy.In the past the developing countries are where trade protectionism frequently happened.But in the last two years,abnormal tariff measures have been used by de-展开更多
In this paper, we conduct analysis on the pathway of implementation of QDII and Chinese enterprises overseas investment riskfrom the perspective of capital market internationalization. From the perspective of enterpri...In this paper, we conduct analysis on the pathway of implementation of QDII and Chinese enterprises overseas investment riskfrom the perspective of capital market internationalization. From the perspective of enterprise development, the multi-level capital market is thesource of vitality. China’s economy went into a state of dual economy, on the one hand there are a number of large and medium-sized stateownedenterprises, on the other hand are the thriving entrepreneurial companies while individual demand for capital market is different, differententerprises listed on the threshold. In the world economy, international direct investment is the most can refl ect one of the economic operationsof the concept of economic globalization, and has inseparable relation with international trade. Along with the economic globalization process isaccelerated, overall, the international foreign direct investment and international trade interaction, promote each other, are dramatically increasingand expanding. This paper integrates the research on the related issues to propose the new suggestions that will be innovative and necessary.展开更多
ETHIOPIA is one of the least-developed countries in the world, with a population of 100 million–80 percent of which are farmers, and a GDP of less than US $800 per capita in 2017. Situated 30 kilometers to Bole Inter...ETHIOPIA is one of the least-developed countries in the world, with a population of 100 million–80 percent of which are farmers, and a GDP of less than US $800 per capita in 2017. Situated 30 kilometers to Bole International Airport in Addis Ababa, the capital of the country, Huajian Group–aleading women＇s footwear manufacturer–is in a burgeoning Oriental Industrial Park.展开更多
On November 28th and 29th, the Annual Meeting onEnterprise Competitiveness sponsored by China BusinessJournal was held with the theme "corporate profitability,going global and social responsibility."Seemingl...On November 28th and 29th, the Annual Meeting onEnterprise Competitiveness sponsored by China BusinessJournal was held with the theme "corporate profitability,going global and social responsibility."Seeminglyunconnected, these three issues, which would展开更多
With the trend of world economic globalization, the enterprises must be influeced by the economic globalization. At the same time, Chinese economy has developed fast and entered WTO. There are opportunities as wetl as...With the trend of world economic globalization, the enterprises must be influeced by the economic globalization. At the same time, Chinese economy has developed fast and entered WTO. There are opportunities as wetl as challenges for Chine.re enterprises; internationalization is the trend for Chinese enterprises to get more chances to develop. How Chlne.re enterprises take the multinational operatian is a hot topic for both Chinese enterprise sector and academe sector, as well as far the government saul all the Chinese people. This paper firstly reviews the multinational operation theories and thoughts of scholars from home and abroad, and describes the necessity for Chinese enterprises to take internation-alization road. Combined with the status quo and characteristics of Chinese enterprises＇ internationalization, it concludes four mades available for Chinese enterprises： low-cost expansion, mergers and acquisitions, OBM and OEM. and analyzes faur modes. Finally, it proposes same suggestions and eountermeasures from the aspects of enterprises and government according to the problems in the process of Chinese enterprises＇ internationalization.展开更多
This year’s B20 meeting has produced 20 policy recommendations.My involvement in the SME working group has given me more insight into the increasing discourse power of Chinese entrepreneurs.We are facing a time of di...This year’s B20 meeting has produced 20 policy recommendations.My involvement in the SME working group has given me more insight into the increasing discourse power of Chinese entrepreneurs.We are facing a time of digital globalization.As one of the first explor-展开更多
The manufacturing industry is an important pillar of the national economy.It is of vital importance to develop statistical modellings in order to quantify the relationship between potential internal drivers and the tr...The manufacturing industry is an important pillar of the national economy.It is of vital importance to develop statistical modellings in order to quantify the relationship between potential internal drivers and the trend of output values in the manufacturing industry.However,only a few statistical modellings have been established to investigate such associations.This study developed the correlation coefficient model and generalized linear model(GLM)to measure the single and interactive effects of the internal drivers on the changes of the output values.For the GLM,different predictive variables were developed to fit into the dataset,and the performance of the models were compared using fitness parameters.Furthermore,an industry survey dataset for 1,180 manufacturing enterprises in 2020 was used to validate the models.The use of the GLM combining land area,number of employees,scientific research input,and labor productivity may have a great potential to bolster capacity in monitoring and predicting the trend of output values in the manufacture industry.展开更多
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When Africa's growth faces headwinds and when China's Belt and Road Initiative finds synergy with Africa's development agenda, it is imperative for Chinese enterprises to adjust their strategies and traditional practices in order to deal with all kinds of risks. It is also urgent for the Chinese government to be fully prepared to help safeguard the legitimate interests of its nationals and enterprises in Africa when it is needed.
文摘This article introduces the development background of the digital convergence,analyzes the challenges facing the convergence,and suggests that Chinese telecommunication enterprises should use the chance of the digital convergence to become the mainstay of technological innovation. It thinks that the digital convergence brings a set of advantages such as reducing the cost for network construction and maintenance,and quickening the pace of the new service development. However,it points out that the convergence has to undergo profound network and technology transformation and improvement in order to be realized,which should be promoted together by the transmission network,bearer network,core service network,MAN and access network.
文摘Entry into WTO means that Chinese enterprises, which were deeply influenced by planned economy, will scramble for profits with those world famous transnational companies of strong strength. Facing such competitive situation, how can China cultivate more famous and strong Chinese transnational companies on the international market? This is a question for many economists and enterprisers to make serious research.
文摘This is the fifth year since the first "Chinese Enterprises Competitiveness Annual Meeting" convened in 2003. During those five years,we have witnessed a period of remarkable performance by Chinese enterprises. These last five years have seen a reaping of the fruits brought about by China's three-decade-long reform and opening, as evidenced by the increasing growth and maturity of Chinese enterprises and the rising competitiveness of publicly listed Chinese enterprises. Along with the development of globalization initiatives, Chinese enterprises are moving firmly and solidly towards internationalization and have begun to have a profound impact on the world economy. The roadmap of Chinese enterprises has now become a focus of global attention.
文摘Institutional theory has proved the influence of institutional pressures on organization practices and structures. Meanwhile, with the soaring use of corporate social performance （CSP）, more researchers are focusing on exploring the relationship between institution pressures and CSP which is still not completely understood yet. Against this background, the paper aims to fill the gap through generally hypothesizing that different types of institutional pressures individually and collectively affect CSP via the mediating effect of corporate environmental strategy. First, based on the previous and extensive literature review, the theoretical framework and research hypotheses are constructed. Next, canonical correlation analysis about the panel data of 51 Chinese large-scale power generation enterprises from 2004 to 2009 is made to test the relevant hypotheses. Finally, based on the data analysis results, the study draws some conclusions and policy implications for promoting the CSP of Chinese enterprises, including enhancing the steering function of government policies and industry regulations and emphasizing the intermediary role of media.
文摘Enterprises are susceptible to national economic performance of each major economy.In the past the developing countries are where trade protectionism frequently happened.But in the last two years,abnormal tariff measures have been used by de-
文摘In this paper, we conduct analysis on the pathway of implementation of QDII and Chinese enterprises overseas investment riskfrom the perspective of capital market internationalization. From the perspective of enterprise development, the multi-level capital market is thesource of vitality. China’s economy went into a state of dual economy, on the one hand there are a number of large and medium-sized stateownedenterprises, on the other hand are the thriving entrepreneurial companies while individual demand for capital market is different, differententerprises listed on the threshold. In the world economy, international direct investment is the most can refl ect one of the economic operationsof the concept of economic globalization, and has inseparable relation with international trade. Along with the economic globalization process isaccelerated, overall, the international foreign direct investment and international trade interaction, promote each other, are dramatically increasingand expanding. This paper integrates the research on the related issues to propose the new suggestions that will be innovative and necessary.
文摘ETHIOPIA is one of the least-developed countries in the world, with a population of 100 million–80 percent of which are farmers, and a GDP of less than US $800 per capita in 2017. Situated 30 kilometers to Bole International Airport in Addis Ababa, the capital of the country, Huajian Group–aleading women＇s footwear manufacturer–is in a burgeoning Oriental Industrial Park.
文摘On November 28th and 29th, the Annual Meeting onEnterprise Competitiveness sponsored by China BusinessJournal was held with the theme "corporate profitability,going global and social responsibility."Seeminglyunconnected, these three issues, which would
文摘With the trend of world economic globalization, the enterprises must be influeced by the economic globalization. At the same time, Chinese economy has developed fast and entered WTO. There are opportunities as wetl as challenges for Chine.re enterprises; internationalization is the trend for Chinese enterprises to get more chances to develop. How Chlne.re enterprises take the multinational operatian is a hot topic for both Chinese enterprise sector and academe sector, as well as far the government saul all the Chinese people. This paper firstly reviews the multinational operation theories and thoughts of scholars from home and abroad, and describes the necessity for Chinese enterprises to take internation-alization road. Combined with the status quo and characteristics of Chinese enterprises＇ internationalization, it concludes four mades available for Chinese enterprises： low-cost expansion, mergers and acquisitions, OBM and OEM. and analyzes faur modes. Finally, it proposes same suggestions and eountermeasures from the aspects of enterprises and government according to the problems in the process of Chinese enterprises＇ internationalization.
文摘This year’s B20 meeting has produced 20 policy recommendations.My involvement in the SME working group has given me more insight into the increasing discourse power of Chinese entrepreneurs.We are facing a time of digital globalization.As one of the first explor-
文摘The manufacturing industry is an important pillar of the national economy.It is of vital importance to develop statistical modellings in order to quantify the relationship between potential internal drivers and the trend of output values in the manufacturing industry.However,only a few statistical modellings have been established to investigate such associations.This study developed the correlation coefficient model and generalized linear model(GLM)to measure the single and interactive effects of the internal drivers on the changes of the output values.For the GLM,different predictive variables were developed to fit into the dataset,and the performance of the models were compared using fitness parameters.Furthermore,an industry survey dataset for 1,180 manufacturing enterprises in 2020 was used to validate the models.The use of the GLM combining land area,number of employees,scientific research input,and labor productivity may have a great potential to bolster capacity in monitoring and predicting the trend of output values in the manufacture industry.
