A Study on the Relations Between Chinese Government and Private Enterprises on the Course of Internationalization —A Case of Huajian Group
DOI:
https://doi.org/10.14738/assrj.62.6122Keywords:
Chinese private enterprise, Internationalization, Government-enterpriseAbstract
The study illustrates the results of a research aimed at exploring the relations between government and private enterprises in the process of Internationalization. Taking Huajian Group as the case study object, the study centers on two issues. The primary issue is to identify how the government–enterprise relations during the case analysis have changed over time；on the other hand, the study focuses on goal orientation of the relations between government and private enterprises on a firm basis. In order to diagnose these problems, qualitative and quantitative methods are used through the whole study. Besides the literature study, a questionnaire and a semi-structure interview are conducted to acquire data and information. In particular, SERVQUAL model is applied for the design and orientation of the government-enterprise relations in support of Internationalization. The results demonstrate that the relations characterized by cooperation and mutual assistance may play a crucial role in the process of Internationalization for Chinese private enterprises. It is suggested that legal aids and guidance from Chinese government are essential for Chinese private enterprises, for it could provide reference for the establishment of an effective relations and clearer positioning of government in a global market.
References
Fu Jinpeng, Fang Min. Evolution of the model of government-enterprise relations [J].Lanzhou Journal, 2004 (1): 27-28.
Luo Danglun, Tang Qingquan. Political relations, social capital and access to policy resources-based on empirical evidence from private listed companies in China [J].World Economy, 2009 (7): 84-96.
Li Rui, Wang Xiaohong. Policy suggestion on vigorously promoting the foreign direct investment of private enterprises-a survey on the foreign direct investment of private enterprises in Hangzhou and Wenzhou, Zhejiang Province [J].Globalization, 2016 (11): 96-103.
Pan Shi, Mo Yan. The essence of enterprise-government relations: the externalization of the duality of Governments’ participation [J].Changbai Journal, 2005 (1): 70-73.
Song Biao, Xu Sasha, Ding Qingyang. Game analysis on the evolution of opportunistic behavior of enterprise cooperation and government supervision under the “Belt and Road” Initiative [J].Management Reviews, 2018
Zhu Hongwei. International comparison of government-enterprise relations [J].Economy of the South, 2003 (1): 73-75.
Chou Lihan. The incentive and cooperation of government officials in the game of promotion--reasons for the long-term existence of local protectionism and repetitive construction in China [J].Economic Studies, 2004 (6): 33-40.
Claessens S，Feijen E , Laeven L . Political connections and preferential access to finance: The role of campaign contributions[J]. Journal of Financial Economics, 2008, 88(3):554-580.
Faccio M . Politically Connected Firms[J]. American Economic Review, 2006, 96(1):369-386.
Fisman R . Estimating the Value of Political Connections[J]. American Economic Review，2001，91(4):1095-1102.
Li H, Meng L, Wang Q, Zhou L, Political Connections, Financing and Firm Performance: Evidence from Chinese Private Firms[J]. Journal of Development Economics, 2008(87): 283 – 299.
Wiwattanakantang Y, Bunkanwanicha P. Big Business Owners in Politics[J]. Review of Financial Studies, 2009, 22(6):2133-2168.
Yu H Y , Main B G M . Political Intervention, Corporate Governance and Firm Performance: An Empirical Investigation in Japan and Taiwan[J]. Social Science Electronic Publishing, 2012, 48(10):1539-1567.
Downloads
Published
How to Cite
Issue
Section
License
Authors wishing to include figures, tables, or text passages that have already been published elsewhere are required to obtain permission from the copyright owner(s) for both the print and online format and to include evidence that such permission has been granted when submitting their papers. Any material received without such evidence will be assumed to originate from the authors.
