This case focuses on the legal and administrative development of the limited liability company in China, the example of the Dasheng cotton mills in Nantong, near Shanghai. Dasheng, one of the earliest and most successful industries in prewar China, was founded by the famous entrepreneur Zhang Jian (1853-1926). Having survived various economic and political crises, the Dasheng cotton mills were a state enterprise in 1953. In the wake of economic reforms, the successor to the orig … Read more »

This case focuses on the legal and administrative development of the limited liability company in China, the example of the Dasheng cotton mills in Nantong, near Shanghai. Dasheng, one of the earliest and most successful industries in prewar China, was founded by the famous entrepreneur Zhang Jian (1853-1926). Having survived various economic and political crises, the Dasheng cotton mills were a state enterprise in 1953. In the wake of economic reforms, the successor of the original company was founded as Jiangsu Dasheng Dasheng Co., Ltd. was restructured in 1996. Corporate governance issues, legal frameworks, government relations and the role of family business structures are discussed as they shaped the business environment in the pre-war China and continue to influence Chinese business culture in 2008 in connection with the.
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Elisabeth Koll
Source: Harvard Business School
18 pages.
Release Date: 6 February 2008. Prod #: 308068-PDF-ENG
Enterprise Culture in Chinese History: Zhang Jian and the Dasheng Cotton Mills HBR case solution

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