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The Cohesion of Small and Medium-sized Foreign Trade Enterprises and their Growth in China

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  • Ma Ji Qiang

Abstract

Enterprises are the cells of the economic system and society, the majority of workers and the government have close ties with enterprises, the occurrence of the financial crisis is, on the surface, an economic problem, but also a social problem. After more than 40 years of reform and opening up, Chinese companies have accumulated richer growth experience. However, realizing the sustainable growth of enterprises is still a major issue that enterprises are actively exploring. That is to say, what forces should the growth of enterprises rely on and what is the fundamental driving force to promote the growth of enterprises. This paper discusses these issues from the perspective of enterprise cohesion. This paper takes a foreign trade conference as an opportunity, where the participating enterprises came from all over the country and the distribution is representative. The paper uses questionnaire surveys to measure corporate cohesion from two dimensions: interpersonal cohesion and task cohesion. The influencing factors of cohesion in the growth of small and medium-sized foreign trade enterprises are analyzed. This paper provides a brief introduction to the cohesion components of small and medium-sized foreign trade enterprises, and focuses on four aspects of the enterprise: attractiveness cohesion, structural cohesion, maintenance cohesion, and external environment. It analyzes the influencing factors of cohesion from different levels, and puts forward the paths and measures to cultivate and protect the cohesion of small and medium-sized foreign trade enterprises in China.

Suggested Citation

  • Ma Ji Qiang, 2021. "The Cohesion of Small and Medium-sized Foreign Trade Enterprises and their Growth in China," International Journal of Science and Business, IJSAB International, vol. 5(11), pages 12-18.
  • Handle: RePEc:aif:journl:v:5:y:2021:i:11:p:12-18
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    References listed on IDEAS

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    1. Marus Eton & Fabian Mwosi & Constant Okello-Obura & Abanis Turyehebwa & Gilbert Uwonda, 2021. "Financial inclusion and the growth of small medium enterprises in Uganda: empirical evidence from selected districts in Lango sub-region," Journal of Innovation and Entrepreneurship, Springer, vol. 10(1), pages 1-23, December.
    2. Szarzec, Katarzyna & Dombi, Ákos & Matuszak, Piotr, 2021. "State-owned enterprises and economic growth: Evidence from the post-Lehman period," Economic Modelling, Elsevier, vol. 99(C).
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