Show Less

Handbook of Research on Asian Business

Edited by Henry Wai-chung Yeung

The rise of Asia as an important region for global business has been widely recognized as one of the most significant economic phenomena in the new millennium. This accessible and comprehensive Handbook brings together state-of-the-art reviews of Asian business in an expansive range of areas including: business organizations; strategic management; marketing; state–business relations; business and development; and business policy issues.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 18: The Dynamics of Southeast Asian Chinese Business

Henry Wai-chung Yeung


1,2 Henry Wai-chung Yeung For several centuries, tens of millions of ethnic Chinese people in Southeast Asia have engaged in a distinctive form of economic organization through which an informal array of Chinese entrepreneurs, traders, financiers and their closely-knit networks of family members and friends came to dominate the economic sphere of the very host countries they later considered ‘home’. While deeply rooted in the cultural norms and social values of the traditional Chinese society in mainland China, this form of economic organization has evolved and adapted to dramatically different institutional contexts and political–economic conditions in the host Southeast Asian countries. In this chapter, I use the term ‘Southeast Asian Chinese capitalism’ as a heuristic device to describe this historically and geographically specific form of economic organization that refers to the social organization and political economy of the so-called ‘overseas Chinese’3 living outside mainland China, particularly in Southeast Asia (that is Singapore, Indonesia, Malaysia, the Philippines, Thailand and Vietnam).4 Chinese capitalism has been a dominant mode of economic organization in Southeast Asia because of not only its economic significance in the host countries, but also its complex and yet intricate social organization and authority systems. The sheer diversity and prowess of economic activities controlled and coordinated by these ethnic Chinese has enabled some of them to become the very foundations of the economies in which they primarily reside and operate (see McVey, 1992; Brown, 1994; Hodder, 1996; Gambe, 2000; Gomez and Hsiao, 2001; Jomo...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.