"It would be an understatement to say that the fate of Mercedes-Benz in China has undergone drastic changes over the past 50 years. In Mao's China in the 1970s, Mercedes cars were a rarity, and only the very top government officials rode in them. During that period, my family and I lived in a...

Leveraging its absolute power, low human rights advantage, and tolerance by other countries, the Chinese Communist Party has transformed China into a giant corporation. Living and working is not a right, but a privilege granted by the party. State-owned firms are business units or subsidiaries,...

Drawing on twenty years of research and observations, Li explains how bribery and corruption are carried out in countries with weak institutional environments, and how these activities become globalized. By distinguishing rule-based, relation-based and clan-based governance, this book offers a...

Machine generated contents note: Acknowledgements; 1. Introduction: Why Study Corruption in Countries with Weak Institutional Environments?; 2. Bribe Takers: Types of Corruption and Their Effects on Efficiency; 3. Bribe Payers: Why Do People Pay? What Do They Get? Can They Refuse To Pay?; 4....

"From Haier to Lenovo, and from Huawei to Alibaba, Chinese firms are going outside the country looking for resources, technology, markets, and a major global presence. This is a relatively new phenomenon in the world's economy, as practically all modern Chinese corporations were founded no more...