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Over the four decades since the Four Modernizations program began in 1978, China has matured from a capital-starved, mono-bank-centric financial system to a capital-rich system with great variety of financial intermediation. This chapter plays off the double meaning of its title: first, it...
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Purpose: Much of the criticism directed toward banking in China revolves around self-dealing in relationships between bankers and their clients. Corruption, nepotism, high levels of non-performing loans and the inefficiency of government-directed lending have all been laid at the door of...
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Purpose: This chapter discusses the influence of the United Nations Ten Principles [UNGC] on multinational mining companies' (mining MNE) corporate social responsibility (CSR) activities and strategies.Design/methodology/approach: Business ethics, mining management, CSR, stakeholder and social...
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While the effects of cultural disparity and common institutional foundations on international trade and foreign direct investment (FDI) have been much analyzed, little analysis of languages' transaction costs has been done in either the international relations or international business...
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Why are there many club goods, and club good market structures, in investment finance? Why has there been such a proliferation of these types of goods and transaction structures in modern finance? The answers lie in the motivations and methods of financial firms to segment, package and offset...
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