Smith, David2014-02-182014-02-182012-09https://hdl.handle.net/10986/17094Before taking advantage of the growing opportunities of the Chinese market, investors will do well to understand the strong influence of Chinese culture on the way businesses operate, how they govern themselves, and how they interact with each other. The author (David Smith) identifies two key cultural and sociological issues of particular interest guanxi (relationships and networks) and mianzi (face). He analyzes their most common implications for investors in areas such as related-party transactions, board composition and deliberations, and shareholder engagement.en-USCC BY-NC-ND 3.0 IGOACCOUNTINGACCOUNTING RULESASSET MANAGEMENTBARRIERBARRIER TO ENTRYBEST PRACTICESBONDBONDSBUSINESS ASSOCIATIONSBUSINESS ENTITIESBUSINESS ENVIRONMENTBUSINESS ENVIRONMENTSBUSINESS INTERACTIONBUSINESS LAWBUSINESS LEADERSHIPBUSINESS OPERATIONBUSINESS PARTNERBUSINESS PARTNERSBUSINESS PERSPECTIVEBUSINESS PRACTICESBUSINESS RELATIONSHIPBUSINESS RELATIONSHIPSBUSINESS STRATEGYBUSINESS UNITBUSINESS UNITSBUSINESSESCAPACITY-BUILDINGCAPITAL MARKETCHIEF EXECUTIVECOLLECTIVISMCOMMERCIAL BANKSCOMPANYCOMPANY LAWCOPYRIGHTCORPORATE GOVERNANCECORPORATE GOVERNANCE PRINCIPLESCORPORATE GOVERNANCE REFORMCORPORATE PERFORMANCECORPORATE SCANDALCORPORATE SOCIAL RESPONSIBILITYCORPORATIONCORPORATIONSCOUNTRY TO COUNTRYCUSTOMSDERIVATIVEDEVELOPING COUNTRIESDOMESTIC CAPITALDUE DILIGENCEECONOMIC INTEGRATIONEMERGING ECONOMYEMERGING MARKETSEMPLOYMENTEXPOSUREFINANCE CORPORATIONFINANCIAL CRISISFINANCIAL INSTITUTIONSFIRM PERFORMANCEFIRM VALUATIONSFIRMSFOREIGN INSTITUTIONAL INVESTORFOREIGN INVESTORSGLOBAL CAPITALGLOBAL CAPITAL MARKETSGLOBAL CORPORATE GOVERNANCEGLOBAL PRIVATE SECTORGLOBAL STANDARDSGLOBALIZATIONGOVERNANCE ISSUESGOVERNMENT POLICYHARMONIZATIONHOLDINGHUMAN RELATIONSHIPSIDINDEPENDENT DIRECTORSINDIVIDUALSINSTITUTIONINSTITUTIONAL INVESTORINSTITUTIONAL SHAREHOLDERINSURANCEINTERNATIONAL BUSINESSINTERNATIONAL CORPORATE GOVERNANCEINTERNATIONAL FINANCEINTERNATIONAL STANDARDSIPOLIABILITYLICENSESLIMITEDLISTED COMPANIESLISTED COMPANYLOANLOCAL GOVERNMENTLOCAL INSTITUTIONSLTD.MAJORITY SHAREHOLDERSMANAGERSMARKETINGMATERIALMINORITY SHAREHOLDERSMUTUAL FUNDSOUTPUTOWNERSHIP STRUCTURESPARENT COMPANYPARTYPENSIONPENSION FUNDSPRIVATE COMPANIESPRIVATIZATIONPUBLIC CORPORATIONSPUBLIC MARKETQUERIESRESULTSALE OF A BUSINESSSALE OF PROPERTYSECURITIESSHARE MARKETSHAREHOLDERSHAREHOLDER ENGAGEMENTSHAREHOLDERSSOCIAL NETWORKSSOCIETIESSOCIETYSTATE ENTERPRISESSTOCK EXCHANGESSTORESUBSIDIARYSUPPLIERTELEPHONETRACK RECORDTRADINGTRANSACTIONTRANSPARENCYTRUST FUNDUSERUSERS10.1596/17094