Article “Doing Business in China: An overview of ethical Aspects” by Judith Irwin

8 important questions on Article “Doing Business in China: An overview of ethical Aspects” by Judith Irwin

What is the Mandarin term for business ethics?

Shang de. Those committed to ethical business practice are known as 'Ru Shang'.

What is the Chinese system of 'hukou'?

Hukou is a household registration system designed to manage population movements.

What is the most commonly used term in China to describe the collective notion of social, environmental and economic responsibilities of business?

CSR (Corporate Social Responsibility)
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What is the 12th Five Year Development Plan about?

Critical among the objectives of the 12th Five-Year Plan is changing the growth pattern toward a more service and consumption-driven model, away from the past emphasis on industrial production, capital investment, and exports.

Why does China score high on the power distance index (Hofstede)?

Because members of Chinese society believe that significant inequalities amongst people are acceptable.

Why does China score low on individualism (Hofstede)?

Because China is a highly collectivist culture where people act in the interests of the group and not necessarily of themselves.

Why does China have a low score on uncertainty avoidance (Hofstede)?

Because the Chinese are comfortable with ambiguity (the quality of being open to more than one interpretation; inexactness).

E.g. In a corporate setting, this can be reflected in the lack of adherence to rules and regulations and a preference for contracts that are somewhat imprecise and thus may be interpreted flexibly to suit the actual situation.

Why does China score high in the long term orientation dimension (Hofstede)?

E.g. In China relationships are ordered by status and the order is observed. Investment tends to be focused on long term projects as opposed to a short term which may bring quick returns.

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