IDEAS home Printed from https://ideas.repec.org/a/ids/ijbget/v15y2021i4p376-396.html
   My bibliography  Save this article

Can new corruption legislation drive guanxi out of business? - Western and Chinese multinational managers' perceptions

Author

Listed:
  • Lyubov Berweger
  • Dieu Hack-Polay
  • Mahfuzur Rahman

Abstract

The study examined executives' attitude to and perception of guanxi and the ethical ramifications of guanxi practices in relation to Western values and ethics. The research involved semi-structured interviews with 12 high level Western and Chinese multinational executives. A contribution of the paper is to highlight that, though it challenges some deeply rooted Western stances on ethical values, guanxi remains a necessary passport to access Chinese business. The executives believe that the tenacity of guanxi is associated with the ongoing strength of Chinese culture and economy. Thus, while some Western executives may feel uneasy about guanxi in modern business, their Chinese counterparts do not perceive guanxi as contravening ethics. The managerial implications for organisations centre on the need to assess guanxi as social capital. The research contributes to fill empirical gaps related to using guanxi as social capital to enhance international business.

Suggested Citation

  • Lyubov Berweger & Dieu Hack-Polay & Mahfuzur Rahman, 2021. "Can new corruption legislation drive guanxi out of business? - Western and Chinese multinational managers' perceptions," International Journal of Business Governance and Ethics, Inderscience Enterprises Ltd, vol. 15(4), pages 376-396.
    • Handle: RePEc:ids:ijbget:v:15:y:2021:i:4:p:376-396
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=118584
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbget:v:15:y:2021:i:4:p:376-396. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=70 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.