The Growing Challenges of Corruption in China

Jeffrey E. Michelman, John B. MacArthur, Christina Shea

Research output: Contribution to journalArticlepeer-review

Abstract

The People's Republic of China has become a dominant part of the global marketplace, and many US and foreign companies are eager to enter the fast-growing, profitable Chinese marketplace. China does offer many exciting business opportunities and financial rewards. But companies also face significant business risks from long-standing business practices entrenched in the Chinese business culture. And those practices conflict with US laws and regulations. How can companies doing business with China achieve success and minimize business risks from corruption in China?
Original languageAmerican English
Pages (from-to)17-30
Number of pages14
JournalJournal of Corporate Accounting & Finance
Volume22
Issue number6
DOIs
StatePublished - Sep 2011

Disciplines

  • Economics
  • Finance
  • Accounting

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