Case Request Form

Sons and Daughters: Guanxi as a Double-Edged Sword

案例編號 : UST071
HBP產品 : ST71
作者 : Prof Joon Nak CHOI and Marcella HO
發布日期 : 14.03.2019

撮要

Guanxi, political connections in China, can provide unique competitive advantages, but can expose business leaders to regulatory and political risks in the region. The fictional case focuses on how U.S. banks in Hong Kong, a major financial center for the Chinese market, are pinned upon the horns of a dilemma. Banks can abide by the letter of the law and not win any business; alternatively, they can break the law, in spirit if not actually the letter, and win business at the cost of incurring legal jeopardy and possibly violating one’s own sense of morality by hiring the children of well-connected senior management of a Chinese business who can direct substantial mandates to the employers.

 

學習目標

Through this case, students will be able to:

- understand grandxi (personal relationships) in Chinese businesses, which embody both opportunities and risks;

- distinguish the nuances between legally permissible and prohibited behaviors in the context of political connections; and

- navigate the difficult business environment which hidden cultural agenda

公司/機構 JT Fische - fictitious
行業 investment banking
主要學科 International Business
主題 Chinese business, grandxi, personal relationships, cultural issues, legal policy, opportunities and risks management, political connections, Foreign Corrupt Practices Act
地區 China, Hong Kong
案例屬性 Fictitious
案例頁數 14
教學筆記 9
出版者 HKUST
最近修訂日期 20.02.2019