Guanxi and Business (Asia-Pacific Business Series)

Five Stars Perfect

It has advanced our intellectual understanding of guanxi by linking it with a number of theoretical bases such as transaction cost theory, organizational networks theory, and resource-based strategy theory. -- The China Journal "The China Journal" . It contains a wealth of illustrative stories and has useful summary diagrams of the main ideas. -- Asia Pacific Journal of Management "Asia Pacific Journal of Management"As a guide to current practice, this book is good value. This book is a timely contribution to this important subject. -- Journal of Asian Business "Journal of Asian Business"It is a timely b

No company can go far unless it has extensive guanxi in this setting. In China's new, fast-paced business environment, guanxi has been more entrenched than ever, heavily influencing Chinese social behavior and business practice.Despite the current academic and practical interest in guanxi, there is no book-length treatment systematically and vigorously exploring the concept and practice from the business perspective. Guanxi (interpersonal relationship) is one of the major dynamics of Chinese society. It binds literally millions of Chinese firms into a social and business web. It has been a pervasive part of the Chinese business world for the last few centuries. It is widely recognized to be a key determinant of business performance, because the life-blood of the macro economy and micro business c