Papers by China-USA Business Review ISSN 1537-1514 Chinese Business Review ISSN 1537-1506
With the deepening of Economic Reform and Open up, more and more foreign-funded enterprises come ... more With the deepening of Economic Reform and Open up, more and more foreign-funded enterprises come to China to invest and set up Sino-foreign joint ventures. Due to the differences in cultural backgrounds between the two sides of Sino-foreign joint venture, cultural conflicts are inevitable. Proper cross-cultural management mechanism is the most effective measure to eliminate cultural conflicts in Sino-foreign joint ventures, while the complex business environment and the diverse personnel structure are the problems that cross-cultural management faces. FAW-Volkswagen Automotive Co., Ltd. (hereinafter referred to as FAW-Volkswagen), as one of the most successful large-scale Sino-foreign joint ventures in China, has accumulated a lot of fruitful experience in the field of cross-cultural management. Its cross-cultural management experience is a good reference for other Sino-foreign joint ventures. Based on Corporate Culture Theory, Cross-Cultural Management Theory, and the cross-cultural management experience of FAW-Volkswagen, this paper will propose a general cross-cultural management model applicable to other Sino-foreign joint ventures.
Risk in funding business with geared capital, a means to develop entrepreneurship and control une... more Risk in funding business with geared capital, a means to develop entrepreneurship and control unemployment in society, a challenge to governments and parents, is the focus of this study. Some people question the suitability of curricula of shaping students as entrepreneurs however, others blame funding risk and not skills acquisition. The study investigated the preponderances of risk with geared capital, in different cultures and behavioural settings and its influence on entrepreneurial initiatives in Ghana, sampling 205 potential investors. It came out that gender, age, education, marital status and dependency show varying significance in choosing and accepting risk, with the desire for contractual relation and security over their investment. The study concludes that people from different environments and cultural disposition react differently towards risk and may prefer bond to secure their investment, affirming a conventional finance practice of exchanges for value.
The rapid pace of technological change has seen information and communication technologies become... more The rapid pace of technological change has seen information and communication technologies become the digital backbone of developed nations' economies and a pre-requisite for global trade. Some enterprise systems are however more than mere facilitators, they provide the bedrock without which organizations could not function; we term these mandatory systems "non-volitional" (NVS). With hyper-growth in demand for connectivity, telecommunications are typical of sectors where NVS shape the fiercely competitive landscape. Among them,
Social Impact Bonds (SIBs) have quickly attracted the attention of policy makers, practitioners, ... more Social Impact Bonds (SIBs) have quickly attracted the attention of policy makers, practitioners, and academics due to their ability to fund innovative health and social programs while generating savings for governments and financial returns for investors. Health Impact Bonds (HIBs) represent the adaptation of these current examples of Social Impact Bonds in recidivism and child removal into new health programs and interventions that encourage investments in cost-saving preventive services in order to reduce the need for more costly remediation and fill the market gap between the private and public sectors. This work provides an overview of this emerging funding scheme and proposes reflections and suggestions useful for both practitioners and policy makers. Thus, the first part of the work presents an overview of the literature about SIBs and HIBs by highlighting the opportunities and challenges related to their implementation, the second part provides qualitative and quantitative data on all the existing HIBs, and the last part provides a discussion and suggestions useful for their implementation. 1
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Papers by China-USA Business Review ISSN 1537-1514 Chinese Business Review ISSN 1537-1506