Work detail

Chinese business culture, corruption vs. guanxi

Author: Mgr. Tereza Mejtová
Year: 2006 - summer
Leaders: † prof. Ing. Karel Kouba DrSc.
Work type: Finance, Financial Markets and Banking
Language: Czech
Pages: 70
Awards and prizes: M.A. with distinction from the Dean of the Faculty of Social Sciences for an excellent state-final examination performance
Abstract: The thesis tries to evaluate the rate of corruption in China in respect of the Chinese ethical perception of the world. Firstly it defines Chinese traditional values and the way of doing business in China. Further it describes guanxi contacts, which are the cornerstones of relationships in China. Guanxi is a phenomenon, which penetrates through the whole Chinese society and encompasses among others the relationships among businessmen and also between businessmen and public officials. Interconnection between private and public sectors implies a great risk of corruption emergence, which the third part of the thesis is focused on. However, guanxi and corruption cannot be mixed up. Providing that the clearly defined rules and moral principles of guanxi are respected, presence of guanxi contacts is from the Chinese point of view unambiguously ethical. The thesis further examines the future of guanxi relationships with regard to the penetration of market elements into the Chinese economy, the establishment of modern law and also anticorruption fight
Downloadable: Tereza Mejtová


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