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Mao meets the market: reconciling ideology and pragmatism in China

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dc.contributor.authorYang, S.
dc.contributor.authorStening, B.
dc.date.issued2013
dc.description.abstractThis study sought to examine the relative impact of several competing sources of values and ideologies—Chinese Traditional Values, Capitalist Values, Socialist Ideology and Deng Xiaoping's Philosophy—on Chinese businesspersons. In contrast to previous research that has focused almost exclusively on cultural influences, this research was aimed at also understanding political influences. Questionnaire data from 487 respondents drawn from two cities and three industrial sectors was analyzed by means of structural equation modeling. Positive and significant relationships were revealed between Socialist Ideology and both Chinese Traditional Values and Deng's Philosophy. While a negative and significant relationship was shown between Socialist Ideology and Capitalist Values, Capitalist Values were positively and significantly related to Deng's Philosophy. Chinese businesspersons live with some apparent contradictions between espoused values and the realities of economic life. The paper explores how they are reconciled and examines their implications for various stakeholders.
dc.identifier.citationManagement International Review, 2013; 53(3):419-448
dc.identifier.doi10.1007/s11575-012-0155-y
dc.identifier.issn0938-8249
dc.identifier.issn1861-8901
dc.identifier.urihttps://hdl.handle.net/1959.8/155731
dc.language.isoen
dc.publisherSpringer
dc.rightsCopyright 2012 Springer Fachmedien Wiesbaden
dc.source.urihttps://doi.org/10.1007/s11575-012-0155-y
dc.subjectchina
dc.subjectvalues
dc.subjectideology
dc.subjectpragmatism
dc.subjectMao
dc.subjectDeng
dc.titleMao meets the market: reconciling ideology and pragmatism in China
dc.typeJournal article
pubs.publication-statusPublished
ror.mmsid9915909981101831

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