Getting Rich and Staying Connected: The Organizational Medium of Chinese Capitalists
Publication Type
Journal Article
Publication Date
1-2009
Abstract
This article answers the following question: 'What is the organizational medium that has allowed a few Chinese businesspeople in East and Southeast Asia to accumulate considerable wealth and economic power?' In the course of giving an answer, we show the organizational differences between traditional business networks in the late Qing and early Republican periods and the Chinese business networks in modern capitalist Asia. We argue that, throughout the twentieth century, Chinese business people outside of China proper began to adapt Western corporate structures for their own purposes and that this organizational innovation allowed Chinese to develop and sustain personal networks through which wealth and power could be concentrated.
Keywords
Chinese businessmen, organizational medium, organizational innovation, wealth accumulation, East Asia, South East Asia
Discipline
Asian Studies | Political Economy
Research Areas
Sociology
Publication
Journal of Contemporary China
Volume
18
Issue
58
First Page
47
Last Page
67
ISSN
1067-0564
Identifier
10.1080/10670560802431552
Publisher
Taylor and Francis
Citation
CHUNG, Wai Keung, & HAMILTON, Gary G..(2009). Getting Rich and Staying Connected: The Organizational Medium of Chinese Capitalists. Journal of Contemporary China, 18(58), 47-67.
Available at: https://ink.library.smu.edu.sg/soss_research/557
Additional URL
https://doi.org/10.1080/10670560802431552