Revisiting Hanyeping Company (1889–1908)

This paper examines China's first modern industrial cartel, the Hanyeping Company, to understand China's early industrialisation and corporate history. From a firm-specific perspective, this pioneer trial by the Chinese scholar-bureaucrat elites turned out a failure largely because the firm failed to establish effective corporate governance. The archival evidence indicates that its institutional deficiency was also closely correlated with the over-stressing of the role of elites. The state-led pattern and top-down approach taken by those elites can also help explain its evolution. The lessons from this case study are useful for China's ongoing transitions today

Cartel · China · Corporate governance · Economic history · Economic system · Economics · Economy · Incentive · Industrialisation · Management · Market economy · Perspective (graphical · Political economy · Political science · State (computer science · Corporate Finance and Governance · Culture, Economy, and Development Studies · Historical Economic and Social Studies · Law

• Spatiotemporal Evolution and Influencing Factors of Urban Industry in Modern China (1840–1949)

  Open Access•Chun Wang, Gang Chen et al.•ISPRS International Journal of…•2024

  Añadir item

• Revisiting Uşak Terakki-i Ziraat Turkish Joint Stock Company (1925–1931)

  Batuhan Güvemli, Muhsin Aslan•Accounting Historians Journal•2023

  Añadir item

• A City of Commerce and its Native Banks

  Liu Yun•African and Asian Studies•2016

  Añadir item

• Western Debates About Chinese Entrepreneurship in the Treaty Port Period, 1842–1911

  Open Access•Miriam Kaminishi, Andrew Smith et al.•Enterprise & Society•2019

  Añadir item

• Family business development in mainland China from 1872 to 1949

  Cheryl Susan Mcwatters, Qiu Chen et al.•Business History•2016

  Añadir item

• Imprints of an Entrepreneur and Evolution of a Business Group, 1948–2010

  Mehmet Erçek, Öner Günçavdı•Business History•2016

  Añadir item

• The emergence of the private entrepreneur in reform era China

  Andrew Atherton, Alex Newman et al.•Business History•2016

  Añadir item

• A decade of hybrid reporting and accountabilities of the Hanyeping Company (1909–1919)

  Lan Peng, Alistair M Brown et al.•Business History•2016

  Añadir item

• A History of Corporate Governance around the World

  Randall Morck, Randall K Morck•History of Corporate Governance…•2005

  Añadir item

• The Confusions of Pleasure

  Timothy Brook•Confusions of Pleasure•1998

  Añadir item

• Understanding the Process of Economic Change

  Douglass C North•Understanding the Process of…•2005

  Añadir item

• Economic Backwardness in Historical Perspective; A Book of Essays.

  Phyllis Deane, Alexander Gerschenkron•Journal of the Royal Statistical…•1964

  Añadir item

• Entrepreneurship

  Open Access•William J Baumol•Journal of Business Venturing•1996

  Añadir item

• Understanding the Soft Budget Constraint

  Janos Kornai, Eric Maskin et al.•Journal of Economic Literature•2003

  Añadir item

• Family, Fields, and Ancestors

  R Keith Schoppa, Lloyd E Eastman•The American Historical Review•1989

  Añadir item

• Local Merchants and the Chinese Bureaucracy, 1750-1950

  Yen-P'Ing Hao, Susan Mann•The American Historical Review•1988

  Añadir item

• Government Enterprises & Industrial Relations in Late Qing China

  Open Access•David Pong•Australian Journal of Politics &…•2001

  Añadir item

• China's Early Industrialization

  Albert Feuerwerker•China's Early Industrialization•1958

  Añadir item

• Shen Pao-chen and China's Modernization in the Nineteenth Century

  Open Access•David Pong•Shen Pao-Chen and China's…•1994

  Añadir item

• Merchants, Mandarins and Modern Enterprise in Late Ching China

  Open Access•Wellington K K Chan•Merchants, Mandarins and Modern…•1977

  Añadir item

• Merchants, Mandarins, and Modern Enterprise in Late Ch'ing China

  Open Access•Wellington K K Chan•Merchants, Mandarins and Modern…•1977

  Añadir item

• Culture and Economy

  Open Access•Timothy Brook, Hy Luong et al.•Culture and Economy•1997

  Añadir item

• Understanding the process of economic change

  Douglass Cecil North•Choice Reviews Online•2005

  Añadir item

• Civil Law in Qing and Republican China

  Kathryn Bernhardt, Philip C C Huang•Civil Law in Qing and Republican…•1994

  Añadir item

• Hankow

  Edward H Kaplan, William T Rowe•The American Historical Review•1985

  Añadir item

• Asian and African Studies

  Burton Raffel•Books Abroad•1976

  Añadir item

• The Confusions of Pleasure

  Wendell McKay•Sixteenth Century Journal•2002

  Añadir item

• "Traditional" Chinese Business Forms Revisited

  Kenneth Pomeranz•Late imperial China•1997

  Añadir item

• Economic Backwardness in Historical Perspective. A Book of Essays

  Ian M Drummond, Alexander Gerschenkron•International Journal Canada s…•1963

  Añadir item

• Local Elites and Mechanized Mining in China

  Open Access•Jeff Hornibrook•Modern China•2001

  Añadir item

• Entrepreneurship

  William J Baumol•Journal of Political Economy•1990

  Añadir item

• China and the world financial markets 1870-1939

  Open Access•William N Goetzmann, Andrey D Ukhov et al.•The Economic History Review•2007

  Añadir item

• Eminent Chinese of the Ch'ing Period (1644-1912)

  Franz Michael, Arthur W Hummel•The Far Eastern Quarterly•1944

  Añadir item

• The Last Stand of Chinese Conservatism

  Charles Macsherry, Mary Clabaugh Wright•Journal of the American Oriental…•1958

  Añadir item

• China Unincorporated

  Open Access•William C Kirby•The Journal of Asian Studies•1995

  Añadir item

• Research Themes in Ming-Qing Socioeconomic History-The State of the Field

  Open Access•Evelyn S Rawski•The Journal of Asian Studies•1991

  Añadir item

• Hankow

  Toshio Kusamitsu, William T Rowe•The Economic History Review•1985

  Añadir item

• China's Early Industrialization

  Frank H H King, Albert Feuerwerker•The Economic History Review•1959

  Añadir item

• Coal Mining in China's Economy and Society, 1895-1937

  Philip Richardson, Tim Wright•The Economic History Review•1985

  Añadir item

• The Economic Development of China and Japan. Studies in Economic History and Political Economy

  William W Lockwood, C D Cowan•Pacific Affairs•1965

  Añadir item

• Chinese Business Enterprise

  Edmund Terence Gomez, Rajeswary Ampalavanar Brown•Pacific Affairs•1998

  Añadir item

• Local Merchants and the Chinese Bureaucracy, 1750-1950

  Parks M Coble, Susan Mann•Pacific Affairs•1988

  Añadir item