The Rule of Culture

The Rule of Culture

Author: Hong Hai

Publisher: Routledge

Published: 2019-10-28

Total Pages: 148

ISBN-13: 0429655215

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Culture has an abiding influence on the way countries and business corporations are governed. This book introduces the reader to the deep philosophies that drive corporations and governments in East Asia, from China through Japan and South Korea to Singapore. With sparkling clarity and spiced with anecdotes and case studies, it depicts how respect for cultures can lead to spectacular success, or the lack of it to failure. Confucian practices such as guanxi in Chinese society, the benevolent culture of entity firms in Japan, and patriarchal chaebols in South Korea are analyzed with examples like Esquel, Nissan, and Samsung. A delightful chapter on Daoism shows how it drives Jack Ma’s Alibaba.com. In the governance of nations, the author reinforces Burke’s dictum that systems of government must be consonant with traditional cultures, and he calls out misguided attempts by the West to foist liberal democracies on civilizations in the East where respect for authority and communitarian values come before individual interest. The author advances the novel concept of the meritocratic democracy in which leaders are chosen not by electoral popularity but by proven ability. In a thought-provoking concluding chapter, he evaluates prospective constitutional changes in China that would enshrine meritocratic democracy as an alternative to liberal democracies that have turned dysfunctional in many Western nations.


Changing Governance and Public Policy in East Asia

Changing Governance and Public Policy in East Asia

Author: Ka Ho Mok

Publisher: Routledge

Published: 2008-11-24

Total Pages: 434

ISBN-13: 1134118260

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The search for good governance has become an increasingly important element of public policy and public management and is high on the political agenda of East Asian countries. The need for robust governance structures and institutions was brought into sharp focus by the Asian Financial Crisis which adversely affected most East Asian societies. Since then they have begun to look for ways to restructure their public administration and political systems in order to develop new mechanisms and structures to promote good governance. This book focuses on how selected Asian states have responded to the growing impact of "liberalizing and marketizing trends" in public policy formulation and public management. To what extent is the "state-guided" regime in Asia still relevant to governing public policy / public management? What are the policy implications for a growing number of Asian states which are pursuing more pro-competition policy instruments? The book is a timely and important collection that offers critical analysis of the search for new governance in Asia and compares and contrasts experiences in selected Asian societies such as China, Japan, Hong Kong, Taiwan, South Korea, Singapore, and other parts of South East Asia. Chapters are written by leading scholars in the fields of comparative development, policy and governance studies from Hong Kong, Macau, Taiwan, China, Singapore, Japan and the United Kingdom.


Governing the Market

Governing the Market

Author: Robert Wade

Publisher: Princeton University Press

Published: 2004

Total Pages: 500

ISBN-13: 9780691117294

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"George Clooney and Mark Wahlberg lead a talented cast in this harrowing special-effects adventure intercutting the plight of seafarers struggling to reach safe harbor with the heroics of air/sea rescue crews"--Container.


East Asian Business in the New World

East Asian Business in the New World

Author: Shaomin Li

Publisher: Elsevier

Published: 2016-05-15

Total Pages: 320

ISBN-13: 9780081012833

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"East Asian Business in the New World" discusses how to conduct business in East Asia. The main objective of the book is to help American workers and American businesses gain competitive advantages in the global marketplace, in which the emerging Asian economies are rapidly becoming major players. The American economy appears to be on decline, especially relative to the rapidly rising economies such as China. To revitalize the American economy and those of the old world, we must pay close attention to the economies with which America competes. The objective of this book is two-fold: First, to focus opportunities and challenges of doing business in East Asia. The book will help readers understand Asian economies and business practices so that they can compete more successfully in Asia. Second, to discuss how the U.S. can learn from East Asia in revitalizing its own economy. This sets the book apart. It analyzes the social institutions in major Asian countries, including the political, economic, and cultural institutions, and compares them with the institutions in the U.S., identifying the strengths and weaknesses of the U.S. institutions, and providing strategic and policy recommendations that may help the U.S. economy and firms to compete in the global marketplace. Discuss how America and older economies can learn from AsiaProvides a theoretical framework of rule-based vs. relation-based governance to help readers understand the differences in doing business in Asia vs. doing business in mature economiesOffers business insights based on the author s business experience in AsiaApproaches the topic from a comparative perspective"


Governing Finance

Governing Finance

Author: Andrew Walter

Publisher: Cornell University Press

Published: 2011-03-15

Total Pages: 255

ISBN-13: 0801458153

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The international financial community blamed the Asian crisis of 1997–1998 on deep failures of domestic financial governance. To avoid similar crises in the future, this community adopted and promoted a set of international "best practice" standards of financial governance. The G7 asked specialized public and private sector bodies to set international standards, and tasked the International Monetary Fund and the World Bank with their global dissemination. Non-Western countries were thereby encouraged to emulate Western practices in banking and securities supervision, corporate governance, financial disclosure, and policy transparency. In Governing Finance, Andrew Walter explains why Indonesia, Malaysia, South Korea, and Thailand—key targets and test cases of this international standards project—were placed under intense pressure to transform their domestic financial governance. Walter finds that the depth of the economic crisis, and more enduring aspects of Asian capitalism, such as family ownership of firms, made substantive compliance with international standards very costly for the private sector and politically difficult for governments to achieve. In spite of international compliance pressure, the result was varying degrees of cosmetic or "mock" compliance. In a book containing lessons for any agency or country attempting to implement lasting change in financial governance, Walter emphasizes the limits of global regulatory convergence in the absence of support from domestic politicians, institutions, and firms.


The Routledge Companion to Asian Family Business

The Routledge Companion to Asian Family Business

Author: Ho-Don Yan

Publisher: Routledge

Published: 2021-04-27

Total Pages: 490

ISBN-13: 1000374645

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This companion provides broad and in-depth insights into family business in Asia and how Asian family firms navigate in the digital economy. The first part of the book looks at key concepts of family business while the second part presents Asian family firms’ cases from Japan, South Korea, China, Taiwan, Hong Kong, Thailand, Malaysia and other Asian economies. This comprehensive reference will help readers understand how family firms in Asia compete and survive in the world market especially in the digital age and why and how Asian economies can emerge as one of the most dynamic regions in the world.


Business Groups in East Asia

Business Groups in East Asia

Author: Se-jin Chang

Publisher: Oxford University Press, USA

Published: 2006-03-02

Total Pages: 279

ISBN-13: 0199287341

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'Business Groups in East Asia' examines some East Asian business groups and their subsequent restructuring following the Asian Crisis of 1997. This crisis affected the inter-relationships among the socio-cultural environment, the state and the market of each country quite differently.


Business Networks in East Asian Capitalisms

Business Networks in East Asian Capitalisms

Author: Jane Nolan

Publisher: Chandos Publishing

Published: 2016-09-16

Total Pages: 384

ISBN-13: 0081006551

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Business Networks in East Asian Capitalisms: Enduring Trends, Emerging Patterns builds on the foundational studies conducted in the 1990s by gathering contemporary empirical and theoretical chapters which explore these themes in a comparative perspective. The book includes contributions from authors working on the relationship between personal and business networks in countries including China, Singapore, Malaysia, Taiwan, Japan, South Korea, Vietnam, Laos, Cambodia, and Thailand. Authors emphasize enduring trends in social and business networks and/or track new emerging patterns, both within East Asian nations or between East Asia and other regions such as Europe, Africa, and the Americas. - Provides contemporary, up-to-date empirical material and theoretical interpretation, charting the influence of more recent globalizing trends and institutional change in the region - Includes studies of networks within PRC, between PRC and other regions, and in Chinese communities - Offers studies centered on Korean, Japanese, and South East Asian Networks - Includes a geographical scope that will be broader than other books, aiming to include studies of newly developing economies in South East Asia that share a common cultural heritage (e.g Vietnam)


The Governance of East Asian Corporations

The Governance of East Asian Corporations

Author: F. Gul

Publisher: Springer

Published: 2004-10-31

Total Pages: 269

ISBN-13: 0230523277

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This book examines government/regulatory responses to the Asian Financial Crisis which brought unprecedented financial turmoil for most East Asian countries. It provides thought-provoking insights on fundamental differences in the institutional and regulatory framework of 10 East Asian countries, including an assessment of the various corporate governance reforms after the crisis.