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OverviewMost executives and business students are familiar with how the rule-based system functions; few understand how relation-based system works (which accounts for the majority of the countries in the world). Many dismiss it as backwards and attribute it to cultural traditions and norms (such as the Chinese guanxi tradition). This book dispels these myths and shows that people rely on the relation-based system not owing to specific cultural factors, but because of the stage of development in these countries. When the market is limited in scale and informal networks are thick, the relation-based system can be quite effective and efficient. The author applies this line of thinking to explain why business practices differ and how business people should interact across the two governance systems. Full Product DetailsAuthor: Li ShaominPublisher: Business Expert Press Imprint: Business Expert Press Dimensions: Width: 15.30cm , Height: 0.90cm , Length: 23.10cm Weight: 0.240kg ISBN: 9781606490846ISBN 10: 1606490842 Pages: 200 Publication Date: 16 February 2010 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: No Longer Our Product Availability: Out of print, replaced by POD We will order this item for you from a manufatured on demand supplier. Table of ContentsReviewsAuthor InformationShaomin Li is the Haislip-Rorrer Fellow and Professor of International Business at Old Dominion University, Norfolk, Virginia, and Associate Editor for Corporate Governance: An International Review. Tab Content 6Author Website:Countries AvailableAll regions |