UNDERSTANDING THE STRATEGY OF THE CHINESE GOVERNMENT REGARDING ITS BUSINESS STAKEHOLDERS: A STRATEGIC MANAGEMENT APPROACH
Author
Keremis, Anestis
Term
4. term
Publication year
2015
Submitted on
2015-05-28
Pages
62
Abstract
This thesis examines how the Chinese government strategically manages its business stakeholders—state-owned enterprises, the private sector, and foreign multinational enterprises—since the late-1970s reforms. Situated between debates on state capitalism and the developmental state, it adopts a non-ideological strategic management perspective that uses Stakeholder Theory and a power–interest analysis to assess relationships and salience, and then maps the findings onto the Obel–Gurkov model of strategic orientation alongside the Miles and Snow typology. The study argues that the government seeks to harness all productive forces in the economy and assigns a special role to foreign multinationals as sources of technology, experience, and innovation, while state-owned enterprises secure a basic and politically crucial share of the economy. The private sector has evolved into the main engine of growth, though it is seen as lacking some of the capabilities that multinationals provide. Taken together, the analysis supports the conclusion that the government follows an analyzer strategy that balances stability and innovation to drive development, maintain control, and bolster political legitimacy.
Specialet undersøger, hvordan den kinesiske regering strategisk håndterer sine forretningsinteressenter – statsejede virksomheder, den private sektor og udenlandske multinationale virksomheder – i kølvandet på reformerne siden slutningen af 1970’erne. Med udgangspunkt i debatten om stats-kapitalisme og udviklingsstat tilbyder studiet en ikke-ideologisk, strategisk ledelsesvinkel, hvor Interessentteori og en magt-interesse-analyse bruges til at klarlægge relationer og indflydelse, og resultaterne kobles til Obel-Gurkov-modellen for strategisk orientering samt Miles og Snows typologi. Analysen fremhæver, at regeringen søger at mobilisere alle økonomiens produktive kræfter og tillægger udenlandske multinationale virksomheder en særlig rolle som kilde til teknologi, erfaring og innovation, samtidig med at statsejede virksomheder opretholder en grundlæggende og politisk vigtig andel af økonomien. Den private sektor er vokset fra marginal til hoveddriver for vækst, men vurderes fortsat at mangle nogle af de kvaliteter, som multinationale virksomheder bringer. På den baggrund konkluderer studiet, at regeringens tilgang kan beskrives som en analyzer-strategi, der balancerer stabilitet og fornyelse for at fremme udvikling, bevare kontrol og understøtte politisk legitimitet.
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