Corporate and State Governance in China and East Asia
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"In this compact volume on culture and governance in China and East Asia, Hong Hai covers a wide field simply and succinctly. It is eminently readable and provides the best single short introduction to the region that I have come across. He paints in broad strokes covering a wide landscape with surprising depth. For some parts, he sketches interesting details which enhance and strengthen the overall presentation. It is remarkable how Hong Hai is able to explain diverse subjects - from the philosophy of Confucianism, Taoism, Buddhism to the leadership styles of Mao Tse-Tung, Deng Xiaoping and Lee Kuan Yew, to the success of companies like Chinas Alibaba, Japans Toyota, Koreas Samsung and Hong Kongs Esquel, to recent scandals involving foreigners brought into companies like Olympus and Nissan - in a way which make them all cohere and explicable against the history and culture of the chopsticks peoples. For those wishing to understand more deeply the backdrop of Chinas and East Asias response to the actions of the Trump Administration, this quick read can be very helpful." George Yeo, Chairman, Kerry Logistics Network and Visiting Scholar, Lee Kuan Yew School of Public Policy, National University of Singapore. Mr Yeo served with distinction in the Singapore government cabinet, holding among others the key posts of Minister for Foreign Affairs and Minister for Trade and Industry "Drawing on a wealth of research and years of experience in academia, business, and politics, Professor Hong Hai persuasively argues for the importance of culture in East Asia. He not only shows how culture affects the workings of economic and political organizations: he also shows how modernized interpretations of traditional values can make those organizations work better in the future." Daniel A. Bell, Dean of the School of Political Science and Public Administration at Shandong University and Professor at Tsinghua University; author of The China Model "The 21st century will be the Asian century. Asias success has been driven by a dynamic fusion of the best from the East and the West. We know well how the West transformed the world. We know little about how Asias resurgence was driven by its own cultures and values. In this volume, Hong Hai, a deep student of Asian history and culture, has distilled well the key elements of Asian cultures and shown how they relate to successful corporate practices as well as state governance in dynamic Asian economies. Those who want to get a glimpse of the Asian century should dive into this book." Kishore Mahbubani, Distinguished Fellow, Asia Research Institute, National University of Singapore, and author of Has The West Lost It? Professor Mahbubani previously served as Dean of the Lee Kuan Yew School of Public Policy and has written and lectured extensively on Asian affairs and China-US relations. "In this book Professor Hong has presented us with a deft and gentle interrogation of authoritarian regimes across East Asia, from the largest (China) to the very smallest (Singapore). He has consciously adopted the perspective of a cultural and political insider and in doing so he has brought a different quality to that of an overt critic and cultural outsider like myself. Those looking for the rhetorical flourish that delivers a fatal wound to an opponent will be disappointed, but if you want to read an empathetic interrogation of the shortfalls in East Asian authoritarian governance argued mostly in terms of its own goals and ideological rationales then you should be well pleased with this offering." Michael Barr, Associate Professor of International Relations, College of Business, Government and Law, Flinders University; Associate Editor, Asian Studies Review and author of Singapore: A Modern History (2019). Professor Barr has written extensively on Singapore politics and authored a much-cited political biography of Lee Kua
Hong Hai was Professor and Dean of the College of Business at Nanyang Technological University, where he is now Adjunct Professor. He has been a Member of the Singapore Parliament and chief executive of Haw Par Corporation, and published in economics, philosophy, and Chinese history.
List of figures. Foreword. Preface. Introduction 1. From Huangdi to Xi Jinping: a brief cultural history of China 2. Confucian values and people management 3. Relationship networks in Chinese business 4. Daoism and management 5. Japanese culture and management 6. Culture and changing governance in Korea 7. Democratic governance with Singaporean characteristics 8. East Asian values and economic growth 9. State governance in China and East Asia Epilogue: Yin-yang and the Thucydides trap Index