This case targets the managerial and legal evolution of limited-liability businesses in China, using the example of the Dasheng cotton mills in Nantong near Shanghai. Dasheng, among the first and most successful industrial enterprises in pre-war China, was founded by the famed entrepreneur Zhang Jian (1853-1926). Having survived various economic and political catastrophes, the Dasheng cotton mills became a state-owned enterprise in 1953.
In the wake of the economic reforms the successor to the original Dasheng Enterprise was restructured as the Jiangsu Dasheng Co. Ltd. in 1996. Problems of corporate governance, legal environment, government relations and the role of family business arrangements are discussed in the context of how they shaped the business environment in prewar China and continue to influence Chinese enterprise culture in 2008.
PUBLICATION DATE: February 06, 2008 PRODUCT #: 314C11-HCB-CHI
This is just an excerpt. This case is about GLOBAL BUSINESS
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