Economic Change in Asia
Implications For Corporate Strategy and Social Responsibility
Since the 2008 global economic crisis, East Asian economies have faced a number of macroeconomic issues including China’s new growth model, the middle-income trap in developing East Asian countries, and the growing natural fibre market and its socio-economic implications. This book addresses these key topical issues which East Asian economies are facing today. Written by international experts in the area of Asian economics and business, it presents the most recent macroeconomic outlook in the region and then goes on to analyse a number of business corporations and industry-related cases, focussing on the theme of firms’ strategies.
Examining the links between environmental and financial performance, corporate social responsibility and the transfer of environmental management, financial accounting standards, the relationship between corporate sustainability activities and corporate profit, and the different cultural approaches towards business ethics, this book provides both practical strategies and new theoretical insights. As such it will appeal to students, scholars and practitioners interested in Asian business and economics.
Table of Contents
Introduction PART I Global macroeconomic slowdown and East-Asian Economies 1..The lion's share: what's behind China's economic slowdown? 2. On a path towards financialization? The expanding role of finance in China’s growth regime 3. Reappraisal of the Environmental Kuznets Curve in East- Asian Developing Countries Falling into Middle-income Traps 4. Economic and social importance of the growing natural fibre market: China’s role in the international cotton market PART II Corporate strategy and social responsibility 5. The influence of national characteristics on corporate social, environmental and governance performance 6. Does Corporate Social Responsibility Enhance the International Transfer of Environmental Management? 7. The Status of Financial Accounting Standards for SMEs in Japan and the Philippines 8. Review of Evaluation Methods on Economic Benefits in Relation to Corporations’ Environmental Sustainability Activities - A Trial Analysis of Toyota Motor Corporation 9. Cultural Differences Towards Business Ethics - Implications for French and American Investors in Vietnam 10. Synthesis and Conclusions
M. Bruna Zolin is Professor of Economics in the School of Asian Studies and Business Management at Ca’ Foscari University, Venice, Italy.
Bernadette Andreosso-O’Callaghan is Visiting Professor and Chair of East-Asian Economics at the Fakultät für Wirtschaftswissenschaft, Ruhr Universität Bochum, Germany, and Jean Monnet Chair of Economics at the Euro-Asia Centre and Kemmy Business School, University of Limerick, Ireland.
Jacques Jaussaud is Professor of Management Sciences at the Université de Pau et des Pays de l’Adour, France.