III. Overseas Chinese Capital in East Asian Region
1. Hong Kong
The population of Hong Kong is about 6.3 million and 98% of it is Chinese with 90% of them are from Guangdong province. The external structure of large corporates in Hong Kong seems to be westernized but the internal look shows rather family-oriented management system. Until 1988, ten family-owned companies dominated about 54
③ Family Owned Company
In-N-Out Burger is a private, family-run, non-franchised company. Rich Snyder maintained his family's opposition to franchising. While McDonald's, which began the same year as In-N-Out, decided to franchise in 1954, the Snyders, though inundated with franchise inquiries, remained firm. They thought franchising would cause them to lose control of In-N-Out Burger an
Political
Hong Kong is China's 'Hong Kong Special Administrative Region' and has its own organization independently from china
According to the law, Hong Kong has a high degree of autonomy as part of Chinese territory for 50 years from 1997. Hong Kong government holds the operating of the land and resources.
Hong Kong government is trying 'international competitiveness strengthening' for m
• For democracies
There are social and economic requisites.
In particular a high level of economic development for stable democracy.
Common characteristics of
family centred societies
◆ The trust ends at the border of the family
◆ Family based companies which are usually small
◆ They have customs to extend the trust beyond the limits of the family
◆ Large co
Overview
We will be looking at the history of Korean wave and the current status and the development of Korean wave over the course of the period. Also, we will be covering the economical, cultural and industrial effects that Korean wave has brought about. And then, our focus was on discovering the solutions and directions that Korean wave must follow in order to develop its existence into th