Premium
Subnational managerial transformation and the post‐WTO‐accession business environment in China: Shanghai perspectives
Author(s) -
Koehn Peter H.
Publication year - 2005
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.20075
Subject(s) - accession , china , business , incentive , preference , government (linguistics) , market economy , international trade , economics , european union , political science , linguistics , philosophy , law , microeconomics
The market‐oriented perspectives held by managers of China's municipal government agencies and urban enterprises constitute critical variables in the business environment encountered by foreign investors. A study of 426 predominantly subnational managers in Shanghai found most study participants generally positively inclined toward implementing accession‐related reforms and toward marketoriented developments. The study also revealed a surging interest in careers with foreign‐affiliated entities and widespread preference for incentives that give foreign‐invested firms a competitive hiring and retention advantage over domestic, especially state, establishments. The overall results suggest the transformation of subnational managerial orientations in a direction that is conducive for foreign participation in Shanghai's postaccession economy. © 2005 Wiley Periodicals, Inc.