National University of Singapore Press
Ethics, Business and Capitalism
Thailand and Indonesia in an Asian Perspective
9789813252745
Distributed for National University of Singapore Press
Ethics, Business and Capitalism
Thailand and Indonesia in an Asian Perspective
Academic analysis of business ethics in Southeast Asia.
Taking cues from the Japanese concept of ethical or stakeholder capitalism, this book demonstrates how the business activities of firms in Thailand and Indonesia are guided by their perceptions of morality in society and their concerns about the environment. The authors explore the likelihood that foreign influences contributed to the development of such management philosophies, for example through the expansion of Japanese subsidiary firms in the 1980s or the spread of foreign articulations of the concept of corporate social responsibility (CSR) since the 2000s. Companies in both countries may exercise a degree of pragmatism in how they develop these activities. As the authors reveal, the perceptions of morality in business that have shaped many entrepreneurs and companies in Thailand and Indonesia are their responses to the dynamic political, social, and economic factors that have formed the business environments of both countries.
Taking cues from the Japanese concept of ethical or stakeholder capitalism, this book demonstrates how the business activities of firms in Thailand and Indonesia are guided by their perceptions of morality in society and their concerns about the environment. The authors explore the likelihood that foreign influences contributed to the development of such management philosophies, for example through the expansion of Japanese subsidiary firms in the 1980s or the spread of foreign articulations of the concept of corporate social responsibility (CSR) since the 2000s. Companies in both countries may exercise a degree of pragmatism in how they develop these activities. As the authors reveal, the perceptions of morality in business that have shaped many entrepreneurs and companies in Thailand and Indonesia are their responses to the dynamic political, social, and economic factors that have formed the business environments of both countries.
350 pages | 14 color plates, 10 maps | 5.98 x 9.02 | © 2024
Asian Studies: Southeast Asia and Australia
Economics and Business: Business--Business Economics and Management Studies, Economics--International and Comparative
Table of Contents
1. Introduction: Rethinking Business Ethics in Thailand and Indonesia
2. Management Philosophies and Economic Development in Emerging Countries: Learning from Shibusawa Eiichi and Matsushita Konosuke
3. Siam Then, Thailand Now: Contextualising the Emergence of Thai Capitalism through
Three Phases of Globalisation
4. Indonesian Business Groups from the Perspective of the Shibusawa Business Model
5. What Significance does the Continuance of Family Business Groups have in Thai Society? A Case Study of the Central Group
6. Entrepreneurship and Innovation of Thai Firms in Manufacturing Industries
7. The Linkage Between Stewardship, Competitive Advantage and Firm Performance: An Empirical Study of Indonesian Family Business
8. The Making of a Thai Consumer Goods Conglomerate: the Role of Dynamic Entrepreneurship and Social Capital
9. Antecedents of Corporate Social Responsibility in Indonesia, 1900s-1950s
10. Reconstructing Business Ethics through Egodocuments: Non-Western Perceptions of Business Ethics in Indonesia, 1950s-2000s
11. The Essence and Mechanism of Transformation to a ‘Sufficiency Economy’
12. Business in Indonesia since Reformasi; New Opportunities for CSR and Ethical Capitalism
List of Contributors
Index
2. Management Philosophies and Economic Development in Emerging Countries: Learning from Shibusawa Eiichi and Matsushita Konosuke
3. Siam Then, Thailand Now: Contextualising the Emergence of Thai Capitalism through
Three Phases of Globalisation
4. Indonesian Business Groups from the Perspective of the Shibusawa Business Model
5. What Significance does the Continuance of Family Business Groups have in Thai Society? A Case Study of the Central Group
6. Entrepreneurship and Innovation of Thai Firms in Manufacturing Industries
7. The Linkage Between Stewardship, Competitive Advantage and Firm Performance: An Empirical Study of Indonesian Family Business
8. The Making of a Thai Consumer Goods Conglomerate: the Role of Dynamic Entrepreneurship and Social Capital
9. Antecedents of Corporate Social Responsibility in Indonesia, 1900s-1950s
10. Reconstructing Business Ethics through Egodocuments: Non-Western Perceptions of Business Ethics in Indonesia, 1950s-2000s
11. The Essence and Mechanism of Transformation to a ‘Sufficiency Economy’
12. Business in Indonesia since Reformasi; New Opportunities for CSR and Ethical Capitalism
List of Contributors
Index