Foreign Investment and Corporate Governance in China

Cover......Page 1
Contents......Page 6
List of Figures......Page 10
List of Tables......Page 11
Preface......Page 12
Acknowledgements......Page 15
List of Abbreviations......Page 18
Part I Foreign Investment in Transitional Economies......Page 20
Outlook of the transitional economies......Page 22
Strategic profile of foreign investment......Page 24
Socio-cultural profile of foreign investment......Page 26
Foreign investment in the industrial sector......Page 28
Geographical distribution of foreign investment......Page 29
Overview of the Chinese domestic investment profile......Page 30
Market entry modes of foreign investment......Page 32
Principal issues identified......Page 39
Plan of the book......Page 41
Summary......Page 44
The theory of foreign direct investment......Page 45
Foreign investment and economic liberalization......Page 53
The implications of opening Chinese markets......Page 58
Summary......Page 62
Part II Building Blocks for Corporate Governance......Page 70
Introduction......Page 72
Reform of national financing......Page 73
Reform of political institutions......Page 77
Reform of national taxation......Page 84
Encouraging foreign investment firms......Page 88
Summary......Page 92
Theoretical perspectives on corporate governance......Page 93
Corporate governance at the national level......Page 96
Corporate governance at the organizational level......Page 103
Summary......Page 113
The formation model......Page 114
The ownership investment model......Page 116
The corporate governance model......Page 117
The corporate culture model......Page 119
Research measure construction......Page 120
Pilot study......Page 123
Interview procedure......Page 124
Sampling......Page 127
Choices of industrial sectors......Page 128
Data collection......Page 129
Coding......Page 131
Summary......Page 133
Part III Managing an International Strategic Alliance......Page 136
Ownership determinants: resource-based theory......Page 138
Ownership leverage: resource dependence theory......Page 140
Ownership, localization and internalization theory......Page 142
Developing a checklist for forming a strategic alliance......Page 145
Strategic motives......Page 148
The feasibility study......Page 150
Summary......Page 157
Ownership configuration......Page 161
International technology......Page 169
Motivation for technology transfer......Page 172
Process of technology transfer......Page 174
Absorptive capacity and technology transfer......Page 177
Technology transfer performance......Page 179
Summary......Page 181
Strategic role of the board of directors......Page 182
The strategic alliance\'s management......Page 194
Summary......Page 203
National cultural model......Page 204
Management of corporate culture......Page 208
Summary......Page 227
Learning conceptualization......Page 228
Achieving learning advantages......Page 229
Dynamic organizational learning......Page 235
Determinants of organizational learning......Page 239
Learning achieved throughout an alliance\'s hierarchies......Page 243
Summary......Page 248
Part IV Implications for Research and Practice......Page 250
Performance conceptualization......Page 252
Objective versus subjective performance measures......Page 256
Strategic alliance formation......Page 259
Ownership investments......Page 261
Corporate governance......Page 263
Corporate culture......Page 264
Organizational learning......Page 265
Building main themes for foreign investment and corporate governance......Page 268
Summary......Page 271
Appendix I: Major Tax Payments for Foreign Firms in China......Page 273
Appendix II: Interview Questionnaire for Forming an International Strategic Alliance......Page 279
References......Page 288
C......Page 295
E......Page 296
G......Page 297
I......Page 298
N......Page 299
R......Page 300
S......Page 301
Y......Page 302