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Book Description

This book dispels these myths and shows that people rely on the relation-based system not owing to specific cultural factors, but because of the stage of development in these countries. When the market is limited in scale and informal networks are thick, the relation-based system can be quite effective and efficient.

Table of Contents

  1. Managing International Business in Relation-Based versus Rule-Based Countries
  2. Chapter 1 Introduction: Rule-Based Versus Relation-Based Systems
  3. Chapter 2 Distinguishing Rule-Based and Relation-Based Countries: How to Measure Governance Environment
  4. Chapter 3 Market Structure in Relation-Based Societies
  5. Chapter 4 How Much Do We Trust Disclosed Information?: Investment Protection in Relation-Based Markets
  6. Chapter 5 Mafia Boss or Modern Manager?: Management and Working Relationships in Relation-Based Firms
  7. Chapter 6 Friction Between Information and Communication Technology and Relation-Based Governance
  8. Chapter 7 “Efficiency-Enhancing” Corruption?: Corruption in Relation-Based Societies
  9. Chapter 8 The Greatest Leap Forward: The Transition From Relation-Based to Rule-Based Governance
  10. Notes
  11. References
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