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Books > Business & Economics > Finance & accounting > Finance > Corporate finance
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Corporate China 2.0 - The Great Shakeup (Hardcover, 1st ed. 2016)
Loot Price: R2,397
Discovery Miles 23 970
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Corporate China 2.0 - The Great Shakeup (Hardcover, 1st ed. 2016)
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This book argues that that the rise of great firms - those with
sustainable high return on invested capital (ROIC) - will lay the
foundation for China's successful economic transformation. Drawn
from the author's research on corporate finance and the Chinese
economy, the author maintains that being big could be easy but
means little for corporate China, especially in the context of
China's transition from an investment-led economy to an
efficiency-driven one. The work discusses both internal and
external impediments that lead to lack of great companies in China
and suggests institutional conditions which foster the rise of
great companies in China, including, reversing the government's
obsession with GDP, reforming the financial system, and promoting
entrepreneurship. Policy makers, investors, corporate executives,
and MBA students and scholars will appreciate case studies of
Huawei, Alibaba, Xiaomi, and Lenovo, among others, that illustrate
the endeavors made by Chinese entrepreneurs at the grassroots level
and highlight what makes successful companies in China.
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