While existing studies often use sector-level data to explain the phenomenal growth of the Chinese private sector, this paper complements the literature by using firm-level data to conduct a comparative study of performance between family-owned and state-owned firms in China. Taking a population comprising listed firms for the period 1999-2004, the authors analyze financial and operating performance with reference to five measures: 1. revenue per employee, 2. revenue per unit of cost, 3. net profit per employee, 4. turn on assets, and 5. market-to-book ratio. Having controlled for other firm characteristics, such as size, leverage, firm age, sales volatility, innovation and marketing, institutional environment and industry, their results confirm that family-owned firms achieve significa...
...-ethnics, in contrast to the indigenous population. Thus Israel followed Weizmann's dictum to make Pa...Two million Korean speaking people live in China, and have in the past been limited to relations to...
This study investigates how capability exploitation and capability upgrading are associated with IJVs' financial and competitive outcomes in an emerging market, and how environmental dynamism and interpartner cooperation moderate the effect of capability exploitation and upgrading on IJV performance. Results suggest that IJVs in a foreign emerging market tend to perform better in both financial and competitive terms when they possess greater abilities to exploit current resources contributed by foreign and local partners and to continuously upgrade and develop new capabilities. The contribution of capability exploitation and upgrading to IJV performance is stronger when IJVs operate in a more dynamic environment. When interpartner cooperation is superior, capability exploitation plays a...
...This study uses China as an empirical context to verify our propositions... number of employees with those of the population nationwide, using information from the China Stati...
Peter F. Drucker, who was often called the world's most influential business scholar and whose thinking transformed corporate management in the latter half of the 20th century, died Nov 11 at his home in Claremont, California. Drucker was born in Vienna on Nov 19, 1909. He started his career in Economics by working for several German banks and export companies, and, at the same time, as economic journalist for Austrian and German newspapers and international banks in London. Drucker pioneered the idea of privatization and the corporation as a social institution. He coined the terms "knowledge workers" and "management by objectives". Although he was not always right with his visions, in the world of management gurus, there is no debate. An interview taken with Drucker in 1997 when he was...
...The center of gravity of the working population is rapidly shifting from people who work with thei... last ten or fifteen years has been Mainland China. And yet, one has to be very careful about going i...
This paper provides a comprehensive analysis of foreign investors' ownership strategies in the land-locked transition economy of Mongolia. Drawing on a sample of 1.033 affiliates of foreign investors with varying levels of foreign ownership, the paper examines the choice between a wholly owned subsidiary (WOS) and a joint venture (JV). The results show that the main determinants of foreign equity ownership found in previous research also influence the ownership structure of foreign affiliates in Mongolia. The extent of FDI concentration, natural resource intensity of target industry and location of the affiliate have the expected impact on the foreign investor's choice between a JV and a WOS. However, no support has been found for the impact of capital size of affiliate on the level of ...
... the two big emerging markets (BEMs) of China and the Russian Federation (Gartner 1997). Comprissing half of the world's population, the BEMs could double their share of world import...
... to the World Trade Organization (WTO), China signing in late 2001. This step has made it easier..., due to a marked rise in working-age population and rising trade openness, while South Asia and th...
... U.S., Western and Eastern Europe, India, China, Latin America and other regions. Data on the firm... strictly representative of the total population. Although it does include providers of all sizes a...
This article analyzes the competitive advantage of German renewable energy firms in Russia. Based on Porter's diamond model of competitiveness, we examine the demand for renewable energy in Russia and German firms' ability to meet this demand. While the overall demand for renewable energy in Russia is still low, the study reveals formidable opportunities in the fields of biomass, solar and wind energy. Our findings are meant to address managers in the renewable energy industry and to aid policy makers in environmental support and action.
..., Russia ranks fourth behind the US, China, and India, and has some of the largest reserves i... by using the percentage of the population with higher education degrees in the domestic mark...
Although the population in Central and Eastern European Countries (CEEC) is still younger, on average, than in Western Europe, the CEEC also have to cope with challenges caused by the demographic shift towards an ageing, shrinking population. Some countries are ageing even faster than Western Europe. Apart from ageing, the CEEC also have to face problems caused by the economic transition. Based on neo-institutional organisation theory this paper looks at the management implications of these developments and points out strategies for Human Resources Management and Marketing in how to cope with upcoming challenges.
... compared to countries like India and China (UNCTAD (ed.) 2005). The competition to attract to...
... "approximately 75% of the world's population lives in emerging economies.. [and] the population... as a strategy by entrepreneurs in India, China and other emerging markets to sell products such a...
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