The rule of culture : corporate and state governance in China and East Asia / Hong Hai.

Author/creator Hong, Hai, 1943- author.
Format Electronic
PublicationAbingdon, Oxon ; New York, NY : Routledge, 2020.
Copyright Date©2020
Description1 online resource.
Supplemental ContentEbook Central
Subjects

SeriesRoutledge contemporary corporate governance
Routledge contemporary corporate governance. ^A1142777
Abstract "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 analysed with examples like Esquel, Nissan, and Samsung. A delightful chapter on Taoism 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 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"-- Provided by publisher.
Bibliography noteIncludes bibliographical references and index.
Biographical noteHong Hai was Professor and Dean of the College of Business at Nanyang Technological University, where he is now Adjunct Professor. He has been a Member of the Singapore Parliament and chief executive of Haw Par Corporation, and published in economics, philosophy, and Chinese history.
Source of descriptionDescription based on online resource; title from digital title page (viewed on January 24, 2020).
Genre/formElectronic books.
LCCN 2019035538
ISBN9780429655210 electronic book
ISBN0429655215 electronic book
ISBN9780429657658 electronic book
ISBN042965765X electronic book
ISBN9780429652776 electronic book
ISBN0429652771 electronic book
ISBN9780429025730 electronic book
ISBN0429025734 electronic book
ISBNhardcover
ISBNpaperback
Stock number9780429025730 Taylor & Francis

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