On the role of personal relationships for doing business in the Greater Pearl River Delta, China

Datos Bibliográficos

ID12918019
AutoresFrank Bickenbach (Kiel Institute for the World Economy, autor de correspondencia), Wan‐Hsin Liu (0000-0002-5025-7213, Kiel Institute for the World Economy)
Año2010
Volumen3
Número3
Páginas281-306
Fecha de publicación2010-11-01
Open AccessNo
TipoARTICLE
RevistaChina Economic Journal (JOURNAL)
Identificadores de la revistaISSN: 1753-8963 • E-ISSN: 1753-8971
EditorialRoutledge (PUBLISHER • GB)
DOI10.1080/17538963.2010.562043
OpenAlexW2056163195
IdiomaEN
Referencias citadas34

This article investigates the role of personal relationships for doing business in the Greater Pearl River Delta, China (GPRD). First, it discusses the interplay of formal and informal (relationship-based) institutions based on institutional economics. Second, it describes the institutional environment for doing business in China, and in the GPRD in particular. Third, it uses data obtained from a survey among executives of Hong Kong electronics SMEs with business operations in the Pearl River Delta (PRD) to gain insights into their perceptions of the importance and the motives of using personal relationships for business in PRD in general, and on the impact of personal relationships on location and partner decisions for companies' production as well as innovation activities, in particular. The results confirm the importance of personal relationships for doing business in the GPRD and suggest that companies rely on personal relationships for business not only for cultural reasons but also to cope with deficient legal and political institutions

Business · China · Geography · Pearl · Perception · Political science · Politics · Survey data collection · Corporate Finance and Governance · Family Business Performance and Succession · Law · Psychology · Marketing

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