scholarly journals The internationalization process of Chinese research institutions since the reform and opening-up

2019 ◽  
Vol 1 (1) ◽  
pp. 2-16 ◽  
Author(s):  
Wu Chen ◽  
Yanping Li
Keyword(s):  
Multinational Corporations ◽  
Organizational Structures ◽  
Policy Integration ◽  
Research Institutions ◽  
Host Countries ◽  
Content Type ◽  
Chinese Characteristics ◽  
The One ◽  
Reform And Opening Up ◽  
Opening Up

Purpose The purpose of this paper is to systematically review the evolution, characteristics, motivations, entry patterns, organizational structure and effectiveness of the internationalization of Chinese research institutions in the past 40 years of reform and opening-up. Design/methodology/approach This paper describes the evolution and practice of Chinese research institutions “going out” by constructing a theoretical framework diagram and uses official statistics and existing research to explain the authors’ points. Findings The research results show that the internationalization of research institutions has undergone four phases: sprout period, starting period, adjustment period and accelerating period. It shows a rapid growth of investment scale, diversification of investment entities, rich and varied forms, and transition to major countries along the “One Belt and One Road.” Expanding the international market, tracking and acquiring technological frontiers, nurturing domestic R&D talents, and evading the risks of political, economic, cultural and scientific differences between home and host countries are the main motivations for Chinese research institutions to “go global.” Multinational corporations have entered the host country with modes such as M&A, greenfield investment and joint R&D alliances in their own strengths and also presented a variety of organizational structures such as integrated R&D networks. Originality/value This paper systematically summarizes the internationalized experience model of research institutions with Chinese characteristics since the reform and opening-up. From the perspective of internationalization model transformation, policy integration and cooperation among emerging economies, it presents the opportunities and challenges faced by the research institutions in the process of internationalization and provides a theoretical basis for improving the internationalization ability of research institutions.

scholarly journals Board and corporate social responsibility disclosure of multinational corporations

2019 ◽  
Vol 27 (1) ◽  
pp. 77-98 ◽  
Author(s):  
Hanh Thi Song Pham ◽  
Hien Thi Tran
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Multinational Corporations ◽  
Board Independence ◽  
Content Type ◽  
Csr Reporting ◽  
The One ◽  
Csr Disclosure ◽  
Corporate Social ◽  
The Impact

Purpose This paper aims to investigate the effects of board model and board independence on corporate social responsibility (CSR) disclosure of multinational corporations (MNCs). Design/methodology/approach The authors developed an empirical model in which CSR disclosure is the dependent variable and board model (two-tier vs one-tier), board independence (a proportion of independent directors on a board) and the interaction variable of board model and board independence together with several variables conventionally used as control variables are independent variables. The authors collated the panel dataset of 244 Fortune World’s Most Admired (FWMA) corporations from 2005 to 2011 of which 117 MNCs use the one-tier board model, and 127 MNCs use the two-tier board model from 20 countries. They used the random-effect regression method to estimate the empirical models with the data they collated and also ran regressions on the alternative models for robustness check. Findings The authors found a significantly positive effect of a board model on CSR disclosure by MNCs. Two-tier MNCs tend to reveal more CSR information than one-tier MNCs. The results also confirm the significant moderating impact of board model on the effect of board independence on CSR disclosure. The effect of board independence on CSR disclosure in the two-tier board MNCs tends to be higher than that in the one-tier board MNCs. The results do not support the effect of board independence on CSR disclosure in general for all types of firms (one-tier and two-tier board). The impact of board independence on CSR disclosure is only significant in two-tier board MNCs and insignificant in one-tier board MNCs. Practical implications The authors advise the MNCs who wish to improve CSR reporting and transparency to consider the usage of two-tier board model and use a higher number of outside directors on board. They note that once a firm uses one-tier model, number of IDs on a board does not matter to the level of CSR disclosure. They advise regulators to enforce an application of two-tier board model to improve CSR reporting and transparency in MNCs. The authors also recommend regulators to continue mandating publicly traded companies to include more external members on their boards, especially for the two-tier board MNCs. Originality/value This paper is the first that investigates the role of board model on CSR disclosure of MNCs.

China’s Transition to Green Development: Process, Challenges and Responsive Measures

2020 ◽  
pp. 2075005
Author(s):  
Yiming WANG
Keyword(s):  
Emission Reduction ◽  
Development Process ◽  
Resource Conservation ◽  
Environmental Damage ◽  
Development Mode ◽  
High Consumption ◽  
Green Development ◽  
Chinese Characteristics ◽  
Reform And Opening Up ◽  
Opening Up

Since the reform and opening up, China has made unremitting explorations of a transition to green development and promoted economic development to get rid of dependence on high consumption, high emissions and environmental damage, and shift to a green development mode that can help in the mutual promotion between economic growth and resource conservation, emission reduction and environmental improvement. This paper elaborates China’s progress and challenges in its transition to green development and provides responsive measures for future green transformation with Chinese characteristics.

The dilemma of institutional duality and multinational firms 1967-2017

2018 ◽  
Vol 26 (2) ◽  
pp. 145-172 ◽  
Author(s):  
Akiebe Humphrey Ahworegba
Keyword(s):  
Multinational Corporations ◽  
Design Methodology ◽  
Multinational Firms ◽  
Management Approach ◽  
Institutional Pressures ◽  
Host Countries ◽  
Content Type ◽  
External Pressures ◽  
Institutional Contexts ◽  
Institutional Duality

Purpose The purpose of this paper is to improve the understanding of the dilemma of institutional duality (ID) confronting multinational corporations and to propose a workable solution for this problem. Design/methodology/approach The author has searched the literature using several terms directly related to the dilemma of ID and multinational firms. Findings The findings reveal that to attain “legitimacy”, subsidiaries strive to balance institutional pressures stemming from external environments in the host country and their parent organizations. Understanding institutional theories of multinational corporations enables the subsidiaries to manage external pressures. ID impact varies among subsidiaries, depending on institutional contexts and internal strategies of subsidiaries. Originality/value An “institutional duality incidence model” portraying how dual institutions make “legitimacy” problematic for subsidiaries is proposed. A framework for identifying factors generating ID dilemma and their management approach is also proposed. It is concluded that a multinational corporation that recognizes ID as a central concern is more likely to achieve and maintain a higher level of harmony with its subsidiaries and host countries.

scholarly journals Moral Education Enlightenment of the Classic Patriotic Song “My Motherland and Me”

2020 ◽  
Vol 3 (2) ◽  
pp. 21
Author(s):  
Yu Zhou
Keyword(s):  
Moral Education ◽  
Teaching Experience ◽  
Self Confidence ◽  
Chinese Characteristics ◽  
Musical Works ◽  
Collaborative Education ◽  
New Type ◽  
Cultural Self ◽  
Reform And Opening Up ◽  
Opening Up

“My Motherland and Me”, a passionate patriotic song, can stand out from many patriotic themes after more than 30 years of writing, and with the help of “Flash Mob”, a new type of artistic expression, the theoretical self-confidence, road self-confidence, system self-confidence, and cultural self-confidence of socialism with Chinese characteristics over the past 40 years of reform and opening up were passed. It conveys the endless patriotism and nationalism of the Chinese nation, and conveys the strong historical blame of the rise and fall of the world, showing the powerful aesthetic and moral education functions of musical works. Teachers can use “My Motherland and Me” as a teaching case for the collaborative education of moral education and aesthetic education, and from here and there, promote the teaching experience of moral education.

How do formal and informal institutional distance affect the reverse knowledge spillover of Chinese MNCs?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yi She ◽  
Jin Hong ◽  
Chuwei Ji
Keyword(s):  
Multinational Corporations ◽  
Knowledge Spillovers ◽  
Positive Impact ◽  
Innovation Performance ◽  
Parent Company ◽  
Practical Significance ◽  
Host Countries ◽  
Content Type ◽  
Chinese Mncs ◽  
The Impact

PurposeThis study examines the impact of outward foreign direct investment (OFDI) of Chinese multinational corporations (MNCs) and formal and informal institutional distances between the home and host countries on the innovation performance of parent company.Design/methodology/approachThis study uses panel data to conduct an empirical analysis on the data of 59 mature Chinese MNCs and their 872 overseas subsidiaries over the past 11 years and draws interesting results.FindingsResults show that OFDI and formal and informal institutional distances between countries exert a significant positive impact on the innovation performance of the parent company and formal and informal institutional distances negatively moderate the impact between OFDI and the parent company's innovation performance.Originality/valueAlthough international business research pays increasing attention to transnational differences in institutions and cultures, research on the relationship between technology spillover and distance is relatively limited. In addition, few studies consider the impact of FID and IFID on transnational reverse knowledge spillovers. This research fills these research gaps, and the conclusions have certain practical significance for multinational companies.

The “China Miracle”: Thinking on Economic Theory Innovation

2019 ◽  
Vol 10 (03) ◽  
pp. 1950014
Author(s):  
Bin Xia
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Economic Theories ◽  
Economic Miracle ◽  
Chinese Characteristics ◽  
Reform And Opening Up ◽  
Opening Up

Starting with explaining the differences between theory and experience, based on various schools of economic theories, this paper sorts out and evaluates different views of Chinese Economists’ theoretical summaries of the “economic miracle” for 40 years since reform and opening-up, and then analyses four fundamental reasons behind the divergence among the economists. The paper expresses the understanding of Chinese Economics, the School of Chinese Economics and the Socialist Political Economy with Chinese Characteristics and puts forward several issues for further improvement on innovations of economic theory.

scholarly journals Structural changes and economic growth in China over the past 40 years of reform and opening-up

2020 ◽  
Vol 3 (1) ◽  
pp. 19-38
Author(s):  
Xiahui Liu
Keyword(s):  
Economic Growth ◽  
Rural Area ◽  
Economic Structure ◽  
Structural Transformations ◽  
Chinese Economy ◽  
Content Type ◽  
Rural Industry ◽  
Main Engine ◽  
Reform And Opening Up ◽  
Opening Up

PurposeDuring the process of reform and opening-up, the structural transformations of the Chinese economy have two significant leaps forward and demonstrate a process of “rural area–industrialization (urban industry and rural industry)–urbanization” development powered by the main engine of economic growth.Design/methodology/approachThese two leaps forward resulted in transitions of economic structure in China. In the author’s view, structural transformations are closely related to China's economic reforms and can be divided into clear phases.FindingsThe structural transformations have two significant leaps forward and demonstrate a process of “rural area–industry (urban industry and rural industry)–urban area development” powered by the main engine of economic growth.Originality/valueThis paper reviews and summarizes the development and structural transformations in China’s economy over the last 40 years. The author believes that China’s economic miracle is accompanied by dramatic changes in its economic structure, which is particularly characterized by the ongoing process of transition from a traditional agricultural economy into a country with high industrial output, from industrialization into urbanization and from a planned economy into a market economy.

When does emotional intelligence function better in enhancing expatriates' cross-cultural adjustment? A study of Japanese PCNs in Malaysia

2020 ◽  
Vol 8 (1) ◽  
pp. 67-84 ◽  
Author(s):  
Jessica Marie Arokiasamy ◽  
Soyeon Kim
Keyword(s):  
Emotional Intelligence ◽  
Multinational Corporations ◽  
Cultural Adjustment ◽  
Cross Cultural ◽  
Business Success ◽  
Host Countries ◽  
Content Type ◽  
Expatriate Management ◽  
Positive Effect

PurposeAs globalization expands opportunities for foreign investments, the role of expatriates is becoming important for business success in host countries. Cross-cultural adjustment (CCA) of expatriates is considered significant in determining business success in host countries. This study investigated the issue among Japanese expatriates in Malaysia. The purposes of this study were to unravel the influence of emotional intelligence (EI) on CCA and clarify the facilitating role of cultural intelligence (CI) on the relationship between EI and CCA.Design/methodology/approachA survey was administered to 107 Japanese parent country nationals (PCNs) working at Japanese subsidiaries in Malaysia.FindingsThe findings show that EI positively influences the subdimensions of CCA, namely, CCA–general, CCA–social and CCA–work. A notable finding is that CI facilitates the positive effect of EI on CCA–social.Research implicationsThe findings advance the existing studies on expatriate management by delving into the CCA issue with two culturally distinctive countries that have rarely been studied in this research domain, Japan and Malaysia. This study further contributes to prior studies by clarifying a boundary condition in which EI functions better in enhancing expatriates' CCA.Practical implicationsThe findings provide Japanese multinational corporations (MNCs) valuable directions and strategic ideas in the realm of expatriate management. Such insights can contribute to business success in host countries.Originality/valueDiverting from the conventional West–East approach in expatriate management studies, this study took an East–East orientation and explored the relationships among EI, CI and CCA. By proving that CI stimulates the positive effect of EI on CCA, this study underlines the significantly interactive effects of two distinctive individual capabilities on enhancing expatriates' CCA. It further highlights that CI should take on importance in attempts to understand CCA, even in seemingly culturally similar East–East nations.

scholarly journals Children of the reform and opening-up: China’s new generation and new era of development

2020 ◽  
Vol 7 (1) ◽  
Author(s):  
Chunling Li
Keyword(s):  
Critical Role ◽  
Social Changes ◽  
New Era ◽  
Education Expansion ◽  
Generational Identity ◽  
The One ◽  
The Life Course ◽  
New Generation ◽  
Reform And Opening Up ◽  
Opening Up

Abstract China’s new generation, born during the 1980s and 1990s, is a social cohort that has grown up in the era of reform and opening-up. They are simultaneously influenced by and play a critical role in a series of significant historical events in the aftermath of the reform and opening-up. The life course of this generation is intertwined with significant social changes, such as fast economic growth, the one-child policy, education expansion, the rise of the Internet, marketization, industrialization, urbanization, and globalization. These changes greatly affect their living circumstances and opportunities, shaping the generational characteristics while widening the intergenerational gap between them and the previous generations. At the same time, however, China’s new generation is unable to break the constraints of the social structure. The shared generational identity fails to eliminate the socioeconomic disparities within the generation. In contrast, marketization has strengthened the Chinese class structure through intergenerational transmission. In China’s new era of development, promoting equal opportunities and narrowing socioeconomic inequality among the new generation now proves to be a new challenge.

scholarly journals A study on the writing method of the history of socialist political economy with Chinese characteristics

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lin Zhang
Keyword(s):  
Political Economy ◽  
Design Methodology ◽  
Economic Policies ◽  
Content Type ◽  
Theoretical Contribution ◽  
Chinese Characteristics ◽  
History Of ◽  
Development Route ◽  
The One ◽  
The Relationship

PurposeExpanding the research on traditional history of economic ideology into the research on the history of economics composed of three elements – history of ideology, history of policies and events – is a new idea for researching the history of socialist political economy with Chinese characteristics. The start of the history of socialist political economy with Chinese characteristics is consistent with that of the Sinicization of Marxist political economy and can be dated from at least 1917.Design/methodology/approachThe key point of the research on the history of ideologies of the socialist political economy with Chinese characteristics is to treat the relationship between theory and people properly, i.e. we should not neglect the effect brought out by the economists on theory construction while we attach importance to the theoretical contribution of the leaders and leading group of the Communist Party of China (CPC).FindingsFor the research on the history of economic policies of socialist political economy with Chinese characteristics, on the one hand, we should clarify the relationship among ideologies, strategies and policies; on the other hand, we should not evade the summarization of lessons from history.Originality/valueBesides presenting the development route of socialist political economy with Chinese characteristics under competition, the research on the events in the history of socialist political economy with Chinese characteristics should also help develop the socialist political economy with Chinese characteristics.

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