88,254 research outputs found

    The Changing View of Information Systems In Chinese State-Owned Businesses

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    China is rapidly rolling out its reforms and has undergone many changes in recent years. One area of interest to many researchers and business people is the role that Information Systems/Information Technology (IS/IT) plays in aidingChinese businesses to make the transition from a planned to a free-market economy. The present reform leadership in China has identified the importance of Information Systems/Information Technology in achieving its goals of modernization and technology sophistication through scientific instead of ideologic means (Tate and Maier, 1987). In 1991, Franz, Wynne and Fu (1991) conducted a study of five state-owned businesses in Nanjing, China. They found that IS/IT primarily supported the business objective of reporting on how the company met monthly production and sales quotas passed down by the state planning centers. IS was not found to support strategic decision-making in the organizations. Emphasis was placed instead on accounting for material costs, rejects, production quantity, and efficiency. The IS/IT manager mainly focused on the technical issues of managing data resources for IS/IT applications. The present study revisits the IS/IT situation in Chinese businesses after four more years of economic reform. Four state-owned companies were selected for this study. All are in Beijing, the capital and political, industrial, technological, and cultural center of China. The goal was to study the changing role (situation in 1995 compared to 1991) of IS/IT in Chinese state-owned businesses, focusing on three aspects: the business objective of these companies and the evidence of IS/IT to support it, the role of the IS/IT manager, and the evidence of technological advances in these companies. It was hypothesized that with four more years into economic reform, this study would find advances in IS/IT\u27s presence especially in decision support areas, and that the IS manager role would grow beyond its technology manager base, and that more advanced technology would bein place, especially as this study considers larger companies in a larger city. The results of the study of the four companies yielded the following: two companies, although still state-owned, have begun to realize the importance of IS/IT in order to grow in an evolving market-based economy. Competition from private companies that have appeared in the past few years, most with strategic alliances with western multinational corporations, have forced the top management of these companies to address the importance of IS/IT to support critical decision making areas for strategy planning. The role of the IS/IT manager is not really changing. While at least one manager in this study sits on the company\u27s strategy planning committee, not one manager was found tomake any real impact at the top decision-making level. Generally, these companies have begun to implement much more advanced information systems and technology to achieve their business objectives. Networked systems, integrated database plans, and decision support systems are among the many technological advances that these companies are implementing today. This study\u27s contribution is the documented picture it draws of the little reported IS/IT area in an emerging market economy. In addition, because the cases studied are among the top organizations in their industry in all China, it provides extraordinary insight into this once hidden world

    Public sector reforms, privatisation and regimes of control in a Chinese enterprise

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    The Chinese economic reform has recently become a major focus of attention around the world. The underlying rationale for the Chinese government's privatisation and public sector reforms is the view that reformed state enterprises and privately managed firms will demonstrate superior management control and better performance, and hence encourage economic growth and employment. There are very few intensive case studies published in English journals studying whether firms privatised in China have reversed previous losses and introduced better management controls, leading to increased investment, productivity, and overall organizational effectiveness and efficiency. The researchers do not seek to deny the control problems of Chinese SOEs, but question the consequences of the new controls installed during the post-privatisation period. The paper also reveals a declining tendency in employment; altered distributions of wealth ? especially to the state ? and labour, and a lack of improvements in the accountability of privatised companies. Overall, the paper argues, the aims of reform policies in China, including better control, increased profitability and an improved working life for Chinese people, have not materialized. The paper calls for more research on the above issues in the Chinese context

    Chinese Enterprise Reform as a Market Process

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    The reform of China's enterprise system increasingly reflects the outcome of China's emerging property rights market. We distinguish between a centrally-directed reform strategy, with characteristics similar to those of a Pigouvian tax, and a market-driven reform process, which captures the essential features of a Coasian approach to social cost. The Coase Theorem postulates that eliminating transaction costs and attaching well specified property rights to public goods that generate externalities will allow uncoordinated economic agents to negotiate institutional arrangements that produce socially efficient allocation of resources. Extending Coase's reasoning to the case of socialist transition ' we argue that reforms that expand competition, move toward well-specified assignment of ownership rights to public enterprises, and reduce transaction costs will motivate the "ultimate" owners, including officials of national and sub-national government agencies, to reconfigure their assets or to combine their assets with those of other jurisdictions and/or private investors to create more efficient ownership arrangements. We review the extent to which China's reforms have established the conditions for an effective market in ownership rights to industrial property. We tabulate progress from 1 980 to present along the three major analytic dimensions inherent in Coase's analysis: competition, property rights, and transaction costs. We conclude that the sheer size and diversity of China's industrial economy will motivate a continuation of decentralized reform initiatives. To support this Coasian reform process, central and provincial governments need to expand initiatives to clarify property rights, particularly the right of alienation, reduce impediments to competition, and facilitate the reduction of transaction costs.http://deepblue.lib.umich.edu/bitstream/2027.42/39466/3/wp76.pd

    Charity and Philanthropy in Russia, China, India, and Brazil

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    This report, authored by Joan Spero and published in collaboration with WINGS builds greater awareness and understanding of the diversity and challenges of civil society in the so-called BRIC countries. In the absence of comprehensive data on philanthropy in these emerging market economies, the report identifies the cultural, economic, social, and political forces shaping giving in the BRIC countries and describes the growth and nature of their philanthropic activities. This report is an important first step in a broader conversation about the development of better systems for documenting and sharing the story of philanthropy in all its forms around the world

    Creativity, innovation and the ‘New’ MBA : China and the 21st century knowledge economy

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    This paper discusses the development of new models of business education in contemporary China. It describes the rise of the Masters of Business Administration (MBA) degree in the context of the growth of a new professional-managerial class in China, as a corollary of modernisation and economic reform. While the Masters of Business Administration (MBA) has its origins in the United States, it has grown into a globally recognized qualification for business status, particularly when acquired from ‘elite’ institutions in a highly competitive and extensively ranked global system. Its growth in Asia is reflective of the significant shortages of managerial expertise as economic success throws traditional family-based or state capitalist models of business organization into question. In China, the rise of the MBA has been more recent, although the original idea was introduced in the late 1970s, not long after the directive of Deng Xiaoping to modernise the economy. We consider the role played by new MBA programs, such as the Executive MBA (EMBA) and the International MBA (IMBA) as new educational products designed, not so much for the re-engineering of management practices in SOEs along more effective commercial lines, but rather upon developing an internationally networked business elite better able to engage with the new challenges of the global knowledge economy

    Chinese Enterprise Reform as a Market Process

    Get PDF
    The reform of China's enterprise system increasingly reflects the outcome of China's emerging property rights market. We distinguish between a centrally-directed reform strategy, with characteristics similar to those of a Pigouvian tax, and a market-driven reform process, which captures the essential features of a Coasian approach to social cost. The Coase Theorem postulates that eliminating transaction costs and attaching well specified property rights to public goods that generate externalities will allow uncoordinated economic agents to negotiate institutional arrangements that produce socially efficient allocation of resources. Extending Coase's reasoning to the case of socialist transition ' we argue that reforms that expand competition, move toward well-specified assignment of ownership rights to public enterprises, and reduce transaction costs will motivate the "ultimate" owners, including officials of national and sub-national government agencies, to reconfigure their assets or to combine their assets with those of other jurisdictions and/or private investors to create more efficient ownership arrangements. We review the extent to which China's reforms have established the conditions for an effective market in ownership rights to industrial property. We tabulate progress from 1 980 to present along the three major analytic dimensions inherent in Coase's analysis: competition, property rights, and transaction costs. We conclude that the sheer size and diversity of China's industrial economy will motivate a continuation of decentralized reform initiatives. To support this Coasian reform process, central and provincial governments need to expand initiatives to clarify property rights, particularly the right of alienation, reduce impediments to competition, and facilitate the reduction of transaction costs.China, ownership, property rights, Coarse theorem, transition, merger, transaction costs

    Trust, Organizational Controls, Knowledge Acquisition from the Foreign Parents, and Performance in Vietnamese International Joint Ventures

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    Successful adaptation in strategic alliances "calls for a delicate balance between the twin virtues of reliability and flexibility" [Parkhe 1998]. On one hand, the joint venture must be flexible enough to respond to the uncertainties of competitive business environments because it is not feasible to plan for every possible contingency. Yet, on the other hand, unfettered flexibility invites dysfunctional behavior, such as opportunism and complacency. This delicate balance accompanies a parallel balance between trust and control of the joint venture. The primary goal of this study is to empirically examine this relationship in the context of Vietnamese international joint ventures (IJVs) by building on the model of knowledge acquisition and performance in IJVs established by Lyles and Salk [1996]. This study makes three major contributions to the literature. First it confirms several findings of the original Lyles and Salk study [1996]. Second, we strengthen Lyles and Salk's original model by incorporating multiple measures of both interorganizational trust and control as independent variables. Finally, this study represents one of the first in-depth examinations of business in the emerging Vietnamese economy.http://deepblue.lib.umich.edu/bitstream/2027.42/39713/3/wp329.pd

    Management innovation made in China: Haier’s Rendanheyi

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    This article shows how emerging market companies like China’s Haier Group create management innovations that are appropriate for an environment characterized by increased volatility, uncertainty, complexity, and ambiguity (VUCA). Dealing with VUCA effectively requires practices favoring nimble and decentralized responses; the Haier Group developed a platform of management practices under the label Rendanheyi (in Chinese: 人单合一) to transform itself from a conventional hierarchical manufacturing firm into a highly responsive online-based entrepreneurial company with “zero distance to the customer”. We demonstrate how the organizational, competitive, institutional, and technological contexts mattered for the development of Rendanheyi. Our study contributes several insights for practitioners and academics. First, we showcase how context dependent management innovations are created to allow emerging market firms like Haier to deal with a high VUCA world. Second, we draw lessons from Haier’s experimentation process for other firms. Finally, we create an extended process model of management innovation that managers, in both emerging and developed countries, can readily apply
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