This volume, first published in 1995, looks at the development of Chinese business and management practices across Asia from the late nineteenth century. Experts examine how familism and informal networks have contributed to Chinese entrepreneurial success. They demonstrate how effective these factors have been in overcoming restrictive state policies: through alliances with ethnic and international traders and connections between financial networks in Hong Kong, South East Asia, China and Australia. An institutional model of analysis is developed to determine the efficacy of Chinese business practices and structures. The relationship between culture and environment is examined as well as how modern institutions are embedded not only in culture but also in history and economics.

This book argues that the position is in fact much more complex, varying in the different countries of South-East Asia and changing over time. It presents empirical findings from various South-East Asian countries - Singapore, Malaysia, Thailand, The Philippines and Indonesia - and demonstrates that Chinese businessmen employ a variety of strategies in the networking, entrepreneurship and organisational and form development.

Following in the tradition of generations of expatriate Chinese merchants, they began establishing small family businesses. Today, the authors show, these have expanded into conglomerate business empires. Entrusting corporate divisions almost exclusively to relatives, and dealing extensively with fellow expatriates, these entrepreneurs have formed close-knit and formidable business spheres throughout Southeast Asia - a "bamboo network."

This unique volume provides a broad introduction to the ethnic Chinese business in Asia, with focus on the ethnic Chinese in East and Southeast Asia. The growing interest in ethnic Chinese business reflects its importance in these two regional economies, and its relations with China's economy — the world's new economic powerhouse. It examines the nature and characteristics of the ethnic Chinese business, such as business networks, family business and conglomerates, concepts of xinyong and guanxi, and entrepreneurship and management. It also examines the input of history and culture in the formation and operation of ethnic Chinese business. The second half of the book is devoted to detailed regional studies, covering the Chinese in Thailand, Malaysia and Singapore, Indonesia, the Philippines, Hong Kong and Taiwan. This book provides an excellent introduction for tertiary students in business schools, and for prospective businessmen who wish to do business with the Chinese in East and Southeast Asia.

The role of ethnic Chinese business in Southeast Asia in catalyzing economic development has been hotly debated - and often misunderstood - throughout cycles of boom and bust. This book critically examines some of the key features attributed to Chinese business: business-government relations, the family firm, trust and networks, and supposed 'Asian' values. The in-depth case studies that feature in the book reveal considerable diversity among these firms and the economic and political networks in which they manoeuvre. With contributions from leading scholars and under the impressive editorship of Jomo and Folk, Ethnic Business is a well-written, important contribution to not only students of Asian business and economics, but also professionals with an interest in those areas.