Transnational corporations and business networks: Hong Kong firms in the ASEAN region
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
London [u.a.]
Routledge
1998
|
| Edition: | 1. publ. |
| Series: | Routledge advances in Asia-Pacific business
8 |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XXI, 297 S. |
| ISBN: | 0415140161 |
Staff View
MARC
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| 650 | 4 | |a Business networks |z China |z Hong Kong | |
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Record in the Search Index
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| adam_text | CONTENTS
List of figures x
List of tables xi
List of boxes xiii
Foreword xv
Acknowledgements xvii
List of abbreviations xxi
1 The rise of the network transnational corporation:
an introduction 1
Transnational corporations and business networks: some key issues 3
The ghbal and regional contexts 11
Hong Kong: a dynamic economy 17
The structure of the book 25
2 The emergence of transnational corporations from
Asian newly industrialised economies 28
Global geography of foreign direct investment from developing countries 29
Main characteristics and competitive advantage ofTNCsfrom Asian NIEs 36
Explaining the internationalization of TNCsfrom Asian NIEs 49
The role of business networks 51
3 Conceptualising transnational corporations as networks
of governance structures 53
Transaction cost framework and business networks 54
Embeddedness and the social organisation of networks 57
Towards a network perspective on transnational corporations 58
Conclusion 78
CONTENTS
4 Hong Kong firms in ASEAN: business organisation and
corporate strategies 80
Historical development of Hong Kong TNCs and FDI 81
Organisational characteristics of Hong Kong TNCs 83
Strategic predisposition of Hong Kong TNCs 103
Raison d etre of ASEAN operations: minimising costs or maximising markets? 108
The 1997 question and Hong Kong TNCs 126
Conclusion 129
5 The social organisation of business networks 132
The social organisation of Chinese business 136
Control and coordination in Chinese business firms 145
Mechanisms ofintra firm networks 147
The role of entrepreneurship 156
Guanxi and inter firm networks 160
Conclusion 173
6 The political economy of Hong Kong firms in ASEAN 174
A neoliberalist political economy and the development of firms in Hong Kong 175
The politics of transnational operations in ASEAN 177
Case studies of Hong Kong firms in ASEAN 183
Conclusion 194
7 Competing in the global Triad: competitive advantage
and business networks 197
Bias in comparative management studies 199
The competitive advantage of Hong Kong firms 200
A tale of leading Hong Kong firms from three industries 206
Business networks and the hidden dimension of competitiveness 211
Conclusion 223
8 Understanding transnational corporations and business
networks 226
Challenging the myth of Third World multinationals 226
Extending the research agenda 231
Growing national firms from Asian economies 234
Attracting inward investment into ASEAN 235
The fate of Hong Kong and its firms after 1997 236
CONTENTS
Appendix 1 Attributes of parent Hong Kong transnational and their
ASEAN subsidiaries 240
Appendix 2 Profiles of selected Hong Kong transnational corporations 241
Notes 248
Glossary 254
References 259
Index 287
FIGURES
1.1 The ASEAN Region 16
3.1 A network model of transnational corporations 61
3.2 A network spectrum of forms of organising production chains 67
4.1 Geographical origins of cumulative foreign direct investment in
ASEAN 5 countries 85
4.2 Geographical origins of inflows of foreign direct investment into
ASEAN 5 countries 87
4.3 Number of Hong Kong subsidiaries and/or affiliates in ASEAN 88
4.4 Hong Kong equity investment in Singapore, by industry, 1985—91 98
4.5 Hong Kong manufacturing investment commitments in
Singapore, 1980 93 98
4.6 Hong Kong s equity investment in Singapore s manufacturing
sector 99
5.1 Intra firm integration among HKTNCs in the ASEAN region 149
5.2 Intra firm coordination among HKTNCs in the ASEAN region 149
5.3 Intra firm control among HKTNCs in the ASEAN region 150
5.4 Frequency of visits by top executives from parent HKTNCs 153
5.5 Sources of technology and expertise among ASEAN subsidiaries
of HKTNCs 155
5.6 Sources of finance among ASEAN subsidiaries of HKTNCs 155
5.7 Distribution of types of connections among HKTNCs in the
ASEAN region 163
7.1 Relative market positions of parent HKTNCs and their ASEAN
subsidiaries 202
7.2 Short term profitability of individual ASEAN subsidiaries 202
7.3 Long term profitability of individual ASEAN subsidiaries 204
7.4 Possession of competitive advantage as viewed by parent
HKTNCs 204
8.1 The future of Hong Kong operations among HKTNCs 237
8.2 The future of South east Asian operations by HKTNCs 238
TABLES
1.1 Stock of foreign direct investment by country and region,
1988 95 12
1.2 Inflows and outflows of foreign direct investment, 1987 95 14
1.3 Key macro economic indicators for ASEAN 5 countries,
1965 96 18 19
1.4 Gross domestic product of Hong Kong at current prices by
economic activity, 1970 94 21
1.5 Key macro economic indicators for Hong Kong, 1961 95 23
2.1 Geographical distribution of outward foreign direct investment
from Asian developing countries 30 3
2.2 Characteristics of TNCs from developing and developed
countries: a comparative summary 37
3.1 A typology of network relations and the socio spatial organisation
of business and production 71
4.1 Foreign direct investment flows from Hong Kong into ASEAN 5
countries, 1965 97 86
4.2 Value of approved Hong Kong foreign investment projects in
Indonesia by sector, January 1967 June 1994 90 1
4.3 Hong Kong manufacturing investment in companies in
production by industry in Malaysia, 1975 94 93 4
4.4 Employment by Hong Kong manufacturing investment by
industry in Malaysia as at 31 December 1991 95
4.5 Value of approved Hong Kong foreign direct investment
projects in the Philippines by sector, 1972 87 96
4.6 Net flows of Hong Kong foreign direct investment to Thailand
by sector, 1970 95 100
4.7 Ownership forms of Hong Kong transnational coporations in
the ASEAN region 102
4.8 Corporate strategies of parent Hong Kong transnational
corporations 104
4.9 Corporate strategies of Hong Kong transnational corporations
by industry 105
TABLES
4.10 Investment motivations of Hong Kong firms in the PRC 110
4.11 Average wage and salary costs of Hong Kong transnational
corporations by host country and by industry 112
4.12 Motivations of Hong Kong transnational corporations in
ASEAN by country and by industry 113 14
4.13 Importance of different conditions for ASEAN operations by
Hong Kong transnational corporations 115
4.14 Importance of different conditions for ASEAN operations by
country and by industry 116 17
5.1 Ways of establishing successful ASEAN operations by Hong
Kong transnational corporations 134
5.2 Mechanisms of control of ASEAN operations by Hong Kong
transnational corporations 152
5.3 Channels of marketing and sourcing among Hong Kong
transnational corporations in the ASEAN region 154
5.4 Importance of connections in the ASEAN operations of Hong
Kong transnational corporations 164
6.1 Regulatory policies affecting foreign investment in ASEAN
countries 181
6.2 Social and institutional mechanisms of ASEAN operations by
Hong Kong transnational corporations: a summary 195
7.1 The competitive advantage of Hong Kong transnational
corporations and tfieir ASEAN subsidiaries (responses from
parent Hong Kong transnational corporations) 205
7.2 The competitive advantage of the ASEAN subsidiaries of Hong
Kong transnational corporations 205
7.3 World class hotels owned and controlled by Hong Kong
transnational corporations 212—13
7.4 The competitive advantage of Hong Kong transnational
corporations in selected industries 224
8.1 Characteristics of Hong Kong transnational corporations: a
summary 228
BOXES
4.1 HKGuard and regional market expansion 107 8
4.2 Hutchison Whampoa and portfolio diversification 109
4.3 Financial services and the role of cost factors 119 20
4.4 Hong Kong textile and garment transnational and the
role of cost factors 121 2
4.5 Hong Kong electronics transnational and market driven
transnational production 123 4
4.6 HKPartners and client driven motives 125
4.7 HKTech and government assistance from Singapore 127 8
5.1 HKArch and intra firm control and coordination 157 8
5.2 HKToys and Chinese entrepreneurship 161 2
5.3 HKComputer and inter firm networks in ASEAN 167 9
5.4 HKCarpet and inter firm networks of personal and business
relationships 171 2
6.1 HKTrading and political connections in Thailand 185 6
6.2 HKElectronics and political connections in Malaysia 187
6.3 Leading Hong Kong business people and the Suntec Project
in Singapore 188 90
6.4 HKTrans and access to government contracts 192 3
7.1 Leading electronics Hong Kong transnational corporations 209 10
7.2 Leading hotel groups from Hong Kong 211
7.3 The competitive advantage of Peregrine Investments
Holdings 220 3
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| geographic_facet | Südostasien Hong Kong (China) Foreign economic relations Southeast Asia Southeast Asia Foreign economic relations China Hong Kong Hongkong |
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| spelling | Yeung, Henry Wai-Chung 1968- Verfasser (DE-588)128426012 aut Transnational corporations and business networks Hong Kong firms in the ASEAN region Henry Wai-chung Yeung 1. publ. London [u.a.] Routledge 1998 XXI, 297 S. txt rdacontent n rdamedia nc rdacarrier Routledge advances in Asia-Pacific business 8 ECONOMIC RELATIONS unbist HONG KONG unbist Internationale ondernemingen gtt Netwerken gtt SOUTHEAST ASIA unbist TRANSNATIONAL CORPORATIONS unbist Multinationales Unternehmen Business networks China Hong Kong Business networks Southeast Asia Corporations, Chinese Southeast Asia International business enterprises Southeast Asia Multinationales Unternehmen (DE-588)4075092-9 gnd rswk-swf Südostasien Hong Kong (China) Foreign economic relations Southeast Asia Southeast Asia Foreign economic relations China Hong Kong Südostasien (DE-588)4058448-3 gnd rswk-swf Hongkong (DE-588)4025822-1 gnd rswk-swf Hongkong (DE-588)4025822-1 g Multinationales Unternehmen (DE-588)4075092-9 s Südostasien (DE-588)4058448-3 g DE-604 Routledge advances in Asia-Pacific business 8 (DE-604)BV010473137 8 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008186642&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Yeung, Henry Wai-Chung 1968- Transnational corporations and business networks Hong Kong firms in the ASEAN region Routledge advances in Asia-Pacific business ECONOMIC RELATIONS unbist HONG KONG unbist Internationale ondernemingen gtt Netwerken gtt SOUTHEAST ASIA unbist TRANSNATIONAL CORPORATIONS unbist Multinationales Unternehmen Business networks China Hong Kong Business networks Southeast Asia Corporations, Chinese Southeast Asia International business enterprises Southeast Asia Multinationales Unternehmen (DE-588)4075092-9 gnd |
| subject_GND | (DE-588)4075092-9 (DE-588)4058448-3 (DE-588)4025822-1 |
| title | Transnational corporations and business networks Hong Kong firms in the ASEAN region |
| title_auth | Transnational corporations and business networks Hong Kong firms in the ASEAN region |
| title_exact_search | Transnational corporations and business networks Hong Kong firms in the ASEAN region |
| title_full | Transnational corporations and business networks Hong Kong firms in the ASEAN region Henry Wai-chung Yeung |
| title_fullStr | Transnational corporations and business networks Hong Kong firms in the ASEAN region Henry Wai-chung Yeung |
| title_full_unstemmed | Transnational corporations and business networks Hong Kong firms in the ASEAN region Henry Wai-chung Yeung |
| title_short | Transnational corporations and business networks |
| title_sort | transnational corporations and business networks hong kong firms in the asean region |
| title_sub | Hong Kong firms in the ASEAN region |
| topic | ECONOMIC RELATIONS unbist HONG KONG unbist Internationale ondernemingen gtt Netwerken gtt SOUTHEAST ASIA unbist TRANSNATIONAL CORPORATIONS unbist Multinationales Unternehmen Business networks China Hong Kong Business networks Southeast Asia Corporations, Chinese Southeast Asia International business enterprises Southeast Asia Multinationales Unternehmen (DE-588)4075092-9 gnd |
| topic_facet | ECONOMIC RELATIONS HONG KONG Internationale ondernemingen Netwerken SOUTHEAST ASIA TRANSNATIONAL CORPORATIONS Multinationales Unternehmen Business networks China Hong Kong Business networks Southeast Asia Corporations, Chinese Southeast Asia International business enterprises Southeast Asia Südostasien Hong Kong (China) Foreign economic relations Southeast Asia Southeast Asia Foreign economic relations China Hong Kong Hongkong |
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