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Business Strategy and Corporate Governance in the Chinese Consumer Electronics Sector

Book Description

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.

  • Focuses on the state, collective and private Chinese firms in the consumer electronics sector
  • Provides insights into the interactions among political, economic and corporate factors in the China business environment that influence the strategies and performance of these firms
  • Compares the corporate governance of these Chinese firms across different ownership forms

Table of Contents

  1. Cover image
  2. Title page
  3. Table of Contents
  4. Copyright
  5. List of figures
  6. List of tables
  7. Abbreviations and acronyms
  8. Preface
  9. Chapter 1: Introduction to strategy, corporate governance and corporate reform
    1. Abstract:
    2. Overview
    3. Business strategy and the corporate governance of Chinese firms
    4. Objectives of the book
    5. Research methodology
    6. Structure of the book
  10. Chapter 2: Business strategy and corporate governance: theoretical and empirical perspectives
    1. Abstract:
    2. Introduction
    3. Institutional theory (IT)
    4. Business strategy (BS)
    5. Corporate governance (CG)
    6. Gaps in the literature
    7. Conclusion
  11. Chapter 3: The economic background in China
    1. Abstract:
    2. Introduction
    3. Economic reform in China
    4. The development stages of the Chinese consumer electronics sector
    5. The classification of firms by ownership in China
    6. The shareholding programme in China
    7. Background to the case firms
    8. Conclusion
  12. Chapter 4: Business strategies in the focal companies
    1. Abstract:
    2. Introduction
    3. The development of exploitation and exploration strategies in SOEs
    4. The development of exploitation and exploration strategies in COEs
    5. The development of exploitation and exploration strategies in DPOEs
    6. Results of the business strategies
    7. Conclusion
  13. Chapter 5: Ownership structure and the characteristics of the board in the focal companies
    1. Abstract:
    2. Introduction
    3. The ownership structure of the firms
    4. Characteristics of the boards of firms
    5. Conclusion
  14. Chapter 6: Links between institutions, business strategies and corporate governance
    1. Abstract:
    2. Introduction
    3. The model of institutional factors, business strategies and corporate governance in China’s transition context
    4. Factors influencing the development of firms in China’s transition context
    5. The trend of development of Chinese firms
    6. Contributions
    7. Limitations
    8. Conclusion
  15. Chapter 7: Conclusions
    1. Abstract:
    2. Summary
    3. Research and managerial implications
    4. Avenues for future research
  16. Bibliography
  17. Index