Asian Post-crisis Management

USHA C.V. HALEY is Associate Professor of Management at the University of Tennessee, Knoxville (College of Business Administration) and is a member of the Executive MBA program's core faculty. She has written more than 70 books, journal articles, book chapters and research presentations on international strategic management. She has taught in major corporate, governmental and universities' executive-development programs internationally. - FRANK-JURGEN RICHTER is Director for Asia, at the World Economic Forum, Geneva. Prior to joining the World Economic Forum, he gathered high-level management experience in Asia and Europe. An active scholar, he authored and edited several books on Asian economies and international business.

'Offering a surprisingly thorough and accurate diagnosis of where the Asian economy stands, this book is mandatory reading for everyone who wants to gain a clear understanding of the Asian economy. Particularly outstanding is the critical evaluation of restructuring and corporate governance reforms currently under way in major Asian countries, including Korea, Japan and China.' - Nam-Kee Lee, Chairman, Fair Trade Commission, Republic of Korea 'Now that East Asia has recovered, mostly, from the 1997 financial crisis, it faces the threat of a repeat performance. If the worst does recur, it will be because government and business ignored the advice of Asian Post-Crisis Management, a collection of cogent studies about the causes and prevention of economic meltdown. The book is useful reading for anyone who cares about the region: especially for those with a stake in its economic future.' - Robert Keatley, Editor, South China Morning Post, Hong Kong, SAR 'This book is loaded with profound analysis and deep insight on what actually happened during the recent Asian financial crisis and vividly demonstrates how the affected countries are strategically reshaping their economies. ' - H. M. Choi, President and CEO, Mirae Asset Securities 'Full of comprehensive studies and in-depth knowledge, Haley & Richter have assembled a wide-range of expert analysis and woven them into an organic whole, providing valuable insight into the Asian post-crisis economy and business environment. A dynamic road map for corporate executives and government policy makers, who take Asia very seriously.' - Jerry Zhang, President and CEO, Neoteny Broadband, USA

• PART 1: INTRODUCTION Post-crisis Management Strategies in Asia: An Overview; U.C.V.Haley PART 2: POST-CRISIS CORPORATE STRATEGIES Corporate Responses to the Asian Financial Crisis; M.Kotabe & S.Gupta Corporate Finance and its Impact on Corporate Strategy after the Bubble: Is the Long-term Strategy of Japanese Firms Really Changing?; Y.Arikawa & H.Miyajima Internet Based Strategies in Asia's Post-Crisis Emerging Economies; G.T.Haley Global Strategic Management of German MNCs in China: Patterns and Determinants of Sustainable Competitive Advantage in the Aftermath of the Crisis; B.N.Kumar, Y.Mao & S.B.Ensslinger Kairos: Strategies Just in Time in the Asian Athletic Footwear Industry; N.E. Landrum & D.M. Boje The Realisation of Meanings: Understanding Expatriates' Needs in the Asian Post Crisis Environment; X.Li, J.Kidd & F-J.Richter PART 3: POST-CRISIS GOVERNMENTAL STRATEGIES Vietnam: Is Doi Moi the Way Forward in Post Crisis Asia?; M.Cooper Trade Policy Management, Industrial Characteristics and WTO: A Case Study of China; Y.Feng & B.Chen China's Choices: Scenarios for China in the Context of an Emerging Global Civilization; H.V.Perlmutter PART 4: KEY ISSUES: ORGANIZATIONAL RESTRUCTURING & CORPORATE GOVERNANCE Strategic Convergence or Divergence: Comparing Structural Reforms in Chinese Enterprises; S.H.Ng & M.Warner Crisis and Reform in Corporate Governance in Asia; T.Clarke Corporate Governance and Restructuring in Korea: Before and After the Crisis; K.Lee Revolutionizing Japanese Corporate Governance; C.Benton & Y.Teramoto SECTION 5: POST-CRISIS BUSINESS ENVIRONMENTS Here there be Dragons: Opportunities and Risks for Foreign Multinational Corporations in China; U.C.V.Haley Impact of the Asian Crisis on Capitalism in Post-Crisis Asian Business Environments; F.Robins Political Risk after the Asian Financial Crisis: A Proposal to Consider the Significance of Uneven Political and Economic Transformation; M.A.Santoro & C.Kim Women, the Disabled and Ethnic Minorities inBusiness in Contemporary China; B.Kitching Sustainable Development and Sustainable Management: Promoting Economic, Ecological and Social Sustainability in Post-crisis Asia; H-B.Cheah & M.Cheah SECTION 6: EPILOGUE Afterword; F-J.Richter