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of guanxi base (special relationship) does not produce guanxi. The paper classifies guanxi into three categories: family … all stakeholders. (5) Guanxi’s role in business will eventually diminish as China moves towards a more open market system. …
Persistent link: https://www.econbiz.de/10009465521
organizations in China. The research method was based on in-depth study of two building projects in China and data were collected … via face-to-face interviews. The results show that as the project progresses, the dominant relationship within each stage … deepens. The deepening relationship gives rise to different types of inherent risks such as a partner's self-interest seeking …
Persistent link: https://www.econbiz.de/10009483948
Persistent link: https://www.econbiz.de/10010353281
This study contributes to the understanding of behavioural responses to climate change induced extreme weatherevents. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method is outlined using the empirical case of agricultural...
Persistent link: https://www.econbiz.de/10009442826
reform in China, rural economic structures continue functioning with some influences of local cultural, historical and …
Persistent link: https://www.econbiz.de/10009468317
This paper investigates the impact of market conditions of market return and volatility on choosing an IPO mechanism …, using data of 942 IPOs on either Shanghai or Shenzhen stock exchanges of China from 1994 to 2003. We find, on average, the …
Persistent link: https://www.econbiz.de/10009448668
Howard (1992) argues that the Nash bargaining solution is not Nash implementable, as it does not satisfy Maskin monotonicity. His arguments can be extended to other bargaining solutions as well. However, by defining a social choice correspondence that is based on the solution rather than on its...
Persistent link: https://www.econbiz.de/10009452531
ABSTRACTThis paper examines the relationship between microfinance institutions and the poor inBeira-Mozambique and the …
Persistent link: https://www.econbiz.de/10009447769