Chinese CEOs: Are Their Managing Philosophy and Practices Influenced by the Western Managerial Principles?

DOI 10.14707/ajbr.150009

Yu-Feng L. Lee
New Mexico State University
Abstract

Globalism and the rapid growth of greater China, namely mainland China, Hong Kong, and Taiwan, have made it a popular destination for international trade and business which attracts many global managerial talents to work in the region. Based on the Confucian criteria – „Wu Yu‟, namely morality/virtue, wisdom/intellectual, physical ability/sportsmanship, collectivism/cooperation, and aesthetics/elegance, this study discloses the managerial philosophy and tactics of 50 Chinese corporate executive officers (CEOs), who had overseas professional and/or academic experience, in hopes of offering academic and business practitioners around the world a better and more practical understanding as to what philosophical structure Chinese and East Asian businesses are operated under, and how the Western managerial principles instituted on the Hofstede cultural assessment have played a role in the practices of Chinese corporate management.
Keywords:

Confucian ‘Wu Yu’, Chinese corporate management, Hofstede-Western managerial influence

 

 
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