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Managing Market, Hierarchy, and Network

The Jiuda Salt Industries, Ltd., 1917–1937

Bibliographic Data

ID12679665
AuthorsKwan Man Bun (corresponding author)
Year2005
Volume6
Issue3
Pages395-418
Publication date2005-08-10
Open AccessYes
TypeARTICLE
VenueEnterprise & Society (JOURNAL)
Journal identifiersISSN: 1467-2227 • E-ISSN: 1467-2235
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1093/es/khi056
OpenAlexW3125572098
LanguageEN
Citations received1
References cited21

As China underwent industrialization during the Republican period, how did companies deal with the problems of expansion, competition, and relationship with the state? Using the concept of network capitalism, this article demythologizes the “enigma” of Chinese network by analyzing the experience of the Jiuda Salt Industries, Ltd. Fan Xudong, the company’s founder, deftly managed his network portfolio for information and other resources. Kith and kin as shareholders, interlocking directorates, and cross-shareholding, as well as hierarchical management and cartels, were utilized to raise capital and manage local markets. Market, hierarchy, and network thus constitute three complementary organization principles in explaining Jiuda’s success

Business · Capital (architecture · China · Competition (biology · Control (management · Corporate governance · Economics · Hierarchy · Industrial organization · Industrialisation · Management · Market economy · Political science · Portfolio · Shareholder · State (computer science · Computer Science · Elite Sociology and Global Capitalism · Historical Economic and Social Studies · Political Economy and Marxism · Finance

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Highly citedNo

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