Corproate China 2.0 : the great shakeup.

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Corproate China 2.0 : the great shakeup.

1137550899 (electronic book)
9781137550897 (electronic book)
1137603720
9781137603722
1137603712
9781137603715

[Place of publication not identified] : PALGRAVE MACMILLAN US, 2016.

English

1 online resource

10.1057/978-1-137-55089-7 doi

HC411-HC495

330.0095

This book argues that that the rise of great firms -- those with sustainable high return on invested capital (ROIC) -- will lay the foundation for China's successful economic transformation. Drawn from the author's research on corporate finance and the Chinese economy, the author maintains that being big could be easy but means little for corporate China, especially in the context of China's transition from an investment-led economy to an efficiency-driven one. The work discusses both internal and external impediments that lead to lack of great companies in China and suggests institutional conditions which foster the rise of great companies in China, including, reversing the government's obsession with GDP, reforming the financial system, and promoting entrepreneurship. Policy makers, investors, corporate executives, and MBA students and scholars will appreciate case studies of Huawei, Alibaba, Xiaomi, and Lenovo, among others, that illustrate the endeavors made by Chinese entrepreneurs at the grassroots level and highlight what makes successful companies in China.

Includes bibliographical references and index.

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Print version: 9781137603715

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