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Business Strategy and Corporate Governance in the Chinese Consumer Electronics Sector by Stephen Morgan, Hailan Yang

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6

Links between institutions, business strategies and corporate governance

Abstract:

Based on the analysis and discussion in the previous chapters, this chapter will explore the paths of development of Chinese firms in the transitional environment. It will propose a model to describe the interrelationship between the institutional environment, business strategies, competitive position and corporate governance of the firms in an emerging economy setting. The model helps to reveal three major findings. First, as China’s economic reforms have broadened, market transition and reduced government intervention have reshaped the competitive landscape of firms. Second, the decision-making of the managers of some firms has become more sensitive to market ...

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