In this paper, we will present an empirical study of the financial characteristics in the growing Chinese entrepreneurial SMEs, which were listed in the Chinese Stock Markets during 2006–2009. Of these, 20 percent were State-owned enterprises, and the remaining 80 percent were private. The study examined the structures that are embedded in traditional Chinese culture and values, the ownership structure of Chinese SMEs, and the limitations that they experience regarding expansion and growth. Our findings suggest that healthy Chinese SMEs were financially strong, with the majority of them investing in activities in order to strengthen and promote the growth of the business. The findings indicate a certain uniqueness in the financial characteristics of Chinese SMEs.
Advances in Business in Asia: The Opportunities, Threats, and Future Trends of Businesses in China, India and the ASEAN Countries Advances in Business in Asia examines current trends and issues facing organizations operating in a global business milieu. The book comes at a pivotal time when many businesses are emerging from the 2008 Global Financial Crisis, and are seeking a way forward in dealing with the opportunities and challenges presented by global capitalism in general, and China, India, and the ASEAN region specifically. The book is a compilation of selected papers presented at AFBE conferences. The Asian Forum on Business Education (AFBE) is a not-for-profit organization whose aim is to provide a forum of scholarly exchange in the areas of business, economics and management, with a particular focus on the Asia region.