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Business Strategy and Corporate Governance in the Chinese Consumer Electronics Sector
Hailan Yang (Author), Stephen Morgan (Author)
9781843346562, Elsevier Science
Hardback, published 18 October 2011
230 pages
23.3 x 15.6 x 2.1 cm, 0.5 kg
This book analyses how China’s firms in the consumer electronics (CE) sector have developed their business strategy and corporate governance during the reform process. The CE sector is one of China’s most important and dynamic manufacturing sectors. As one of the earliest market-oriented sectors after 1978, its experience illustrates the adoption of the Western model of management in China. This is the first book to analyse the link between business strategy, corporate governance and performance of firms, explicitly comparing state-, collective-, and privately-owned firms. This book argues that the competitive dynamics of the market are central to the survival of firms in contemporary China.
List of figures List of tables Abbreviations and acronyms Preface Chapter 1: Introduction to strategy, corporate governance and corporate reform Abstract: Overview Business strategy and the corporate governance of Chinese firms Objectives of the book Research methodology Structure of the book Chapter 2: Business strategy and corporate governance: theoretical and empirical perspectives Abstract: Introduction Institutional theory (IT) Business strategy (BS) Corporate governance (CG) Gaps in the literature Conclusion Chapter 3: The economic background in China Abstract: Introduction Economic reform in China The development stages of the Chinese consumer electronics sector The classification of firms by ownership in China The shareholding programme in China Background to the case firms Conclusion Chapter 4: Business strategies in the focal companies Abstract: Introduction The development of exploitation and exploration strategies in SOEs The development of exploitation and exploration strategies in COEs The development of exploitation and exploration strategies in DPOEs Results of the business strategies Conclusion Chapter 5: Ownership structure and the characteristics of the board in the focal companies Abstract: Introduction The ownership structure of the firms Characteristics of the boards of firms Conclusion Chapter 6: Links between institutions, business strategies and corporate governance Abstract: Introduction The model of institutional factors, business strategies and corporate governance in China’s transition context Factors influencing the development of firms in China’s transition context The trend of development of Chinese firms Contributions Limitations Conclusion Chapter 7: Conclusions Abstract: Summary Research and managerial implications Avenues for future research Bibliography Index
Subject Areas: Electronics & communications engineering [TJ], Corporate governance [KJR], Management of specific areas [KJMV], Business strategy [KJC]