Business ethics and a state–owned enterprise in China

Po‐Keung Ip

32 citations0/0 files storedBusiness Ethics A European Review

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Ethics in Business and Education Corporate Social Responsibility Reporting Corporate Identity and Reputation

Abstract

Since China's Reform Era began in 1979, corporations of all shapes and sizes mushroomed in the economic landscape. Among these companies, a few have distinguished themselves by their unique corporate cultures and financial performance. The Chinese state–owned enterprises (SOEs) are notorious for their inefficiency, conservatism, bloated bureaucracy, and obsoleteness. However, a few good SOEs stand out as corporations of excellence with commitment to business ethics. Very little study has been done on SOE corporate cultures and business ethics, especially in the western literature. This paper provides an insight into one such organisation – the Double Star Group of Qingdao. This paper includes the results of an empirical survey on Double Star's employees’ perception of its corporate culture and business ethics.

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References

1987The psychology of the Chinese people 1984Corporate Cultures: The Rites and Rituals of Corporate Life

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