Confucian Capitalism
Corporate Values in Republican Banking
Bibliographic Data
| ID | 6008653 |
|---|---|
| Authors | Andrea Mcelderry (University of Louisville, corresponding author) |
| Year | 1986 |
| Volume | 12 |
| Issue | 3 |
| Pages | 401-416 |
| Publication date | 1986-07-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Modern China (JOURNAL) |
| Journal identifiers | ISSN: 0097-7004 • E-ISSN: 1552-6836 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/009770048601200303 |
| OpenAlex | W2033849078 |
| Language | EN |
| Citations received | 3 |
| References cited | 13 |
Modern Chinese banking of the Republican period represents a stage in the evolution of large-scale economic enterprise in China. Although many of these modern banks were small, some-like the Bank of China and the Shanghai Commercial and Savings Bank-had branches throughout the country. Their scale of operations required a bureaucratic organization unknown to traditional Chinese banks and business enterprises, which had continued to rely primarily on personal ties in branch management (Chan, 1982; McElderry, 1976: 45-53). They likewise differed from traditional Chinese bureaucratic models. Unlike the civil service and political bureaucracies in general, these economic bureaucracies had to make a profit. They could not afford a yamen attitude among their employees, a characteristic of government-supervised, merchant-managed (guandu shangban) enterprises as well as of the civil service (Feuerwerker, 1958: 23). Because of the size of the operations, however, a bank leader could not supervise and motivate each branch manager, much less each employee. Positive participation rather than mere compliance with the rules was necessary. Such participation required a close identification of the individual with the enterprise (Silin, 1976: 81). The founders and managers of modern banks not only faced the problem of recruiting qualified people and training them in new methods, but they also had to find ways to ensure their investment in the employee's training. They needed to develop loyalty to a large, impersonal corporation and encourage a level
Capitalism · Economic system · Economics · Neoclassical economics · Political science · Politics · Sociology · China's Socioeconomic Reforms and Governance · Chinese history and philosophy · Law
China's modern economy in historical perspective
Biographical dictionary of Republican China.
The Abortive Revolution
China's Early Industrialization
The Organizational Structure of the Traditional Chinese Firm and its Modern Reform
Why Do the Chinese Work So Hard
Organized Dependency and Cultures of Authority in Chinese Industry
Shanghai Old-Style Banks (Ch'ien-chuang), 1800-1935
| Citations per year | 0.09 |
|---|---|
| Citation span | 1992 - 2016 (25) |
| Highly cited | No |