The Internal Management Strategy of Chinese Internet Enterprises and Business Performance: A Study of Tencent Internet Enterprises in China
Abstract
This paper studies the relationship between internal management strategies and business performance in Chinese Internet enterprises. It is found that social responsibility to shareholders, creditors, users and government positively affects financial performance, but responsibility to employees and suppliers has the opposite effect. The company should fulfill its social responsibility in the long term, enhance its competitiveness and increase its social value.
References
Abdulwase, R., Ahmed, F., Nasr, F. M. M., Abdulwase, A., Alyousofi, A., & Yan, S. (2021). The role of business strategy to create a competitive advantage in the organization. Open Access Journal of Science, 4(4), 135–138. https://doi.org/10.15406/oajs.2020.04.00162
Adiguzel, Z. (2021). Evaluation and importance of business ethics in terms of organizational culture. In IGI Global eBooks (pp. 248–275). https://doi.org/10.4018/978-1-7998-4117-3.ch014
Afuah, A. (2004). Business models: A strategic management approach. New York: Irwin/McGraw-Hill.
Aguilar, F. (1967). Scanning the business environment. Macmillan.
Akaegbu, Juliana B. A. A., & Usoro, A. A. (2017). The place of organizational capabilities in strategy formulation and implementation: An exploratory analysis. Global Journal of Social Sciences, 16(1), 39–48. ISSN 15966216.
Attaran, M., & Woods, J. (2019). Cloud computing technology: Improving small business performance using the Internet. Journal of Small Business & Entrepreneurship, 31(6), 495–519.
Barnard, C. I. (1938). Functions of the executive. Cambridge, MA: Harvard University Press.
Li, H.; Atuahene-Gima, K. (2001) Product Innovation Strategy and the Performance of new Technology Ventures in China. In: Academy of Management Journal, Vol. 44, №6, 1123–1134.
Belak, Jernej. (2016). Management and governance: Organizational culture in relation to enterprise life cycle. Kybernetes, 45(4), 680–698. ISSN 0368492X.
Berraies, S., Chaher, M., & Yahia, K. B. (2014). Employee empowerment and its importance for trust, innovation, and organizational performance. Business Management and Strategy, 5(2), 82. https://doi.org/10.5296/bms.v5i2.6558
Bhatti, M. I., Awan, H. M., & Razaq, Z. (2013). The key performance indicators (KPIs) and their impact on overall organizational performance. Quality & Quantity, 48(6), 3127–3143. https://doi.org/10.1007/s11135-013-9945-y
Bindra, S., Parameswar, N., & Dhir, S. (2019). Strategic management: The evolution of the field. Strategic Change, 28(6), 469–478. https://doi.org/10.1002/jsc.2299
Tan, L., & Ding, J. (2015). The frontier and evolution of the strategic management theory: A scientometric analysis of Strategic Management Journal, 2001-2012. Nankai Business Review International, 6(1), 20–41.
Teece, D. J. (2010). Business models, business strategy and innovation. Long Range Planning, 43, 172–194.
Burkhart, T., Krumeich, J., Werth, D., & Loos, P. (2011). Analyzing the business model concept – A comprehensive classification of literature. ResearchGate. https://www.researchgate.net/publication/221599299_Analyzing_the_Business_Model_Concept_-_A_Comprehensive_Classification_of_Literature
Cadle, J., Paul, D., & Turner, P. (2010). Business analysis techniques: 72 essentials tools for success. BCS The Chartered Institute for IT.
Courtney, Osborn. (2018). The 5 stages of the strategic management process - Tta Blog.
Dachyar, M., Zagloel, T. Y. M., & Saragih, L. R. (2019). Knowledge growth and development: Internet of Things (IoT) research, 2006–2018. Heliyon, 5(8), e02264.
Dai, J. J., Shen, L., & Zhen, W. F. (2011). Business-model dynamics: A case study of Tencent. In IEEE 18th International Conference on Industrial Engineering and Engineering Management (pp. 306–310).
Phan, S. T. (2021). The effect of PESTLE factors on development of e-commerce. International Journal of Data and Network Science, 37–42. https://doi.org/10.5267/j.ijdns.2020.11.005
Seelos, C., & Mair, J. (2007). Profitable business models and market creation in the context of deep poverty: A strategic view. Academy of Management Perspectives, 21, 49–63.
Adiguzel, Z. (2021). Evaluation and importance of business ethics in terms of organizational culture. In IGI Global eBooks (pp. 248–275). https://doi.org/10.4018/978-1-7998-4117-3.ch014
Afuah, A. (2004). Business models: A strategic management approach. New York: Irwin/McGraw-Hill.
Aguilar, F. (1967). Scanning the business environment. Macmillan.
Akaegbu, Juliana B. A. A., & Usoro, A. A. (2017). The place of organizational capabilities in strategy formulation and implementation: An exploratory analysis. Global Journal of Social Sciences, 16(1), 39–48. ISSN 15966216.
Attaran, M., & Woods, J. (2019). Cloud computing technology: Improving small business performance using the Internet. Journal of Small Business & Entrepreneurship, 31(6), 495–519.
Barnard, C. I. (1938). Functions of the executive. Cambridge, MA: Harvard University Press.
Li, H.; Atuahene-Gima, K. (2001) Product Innovation Strategy and the Performance of new Technology Ventures in China. In: Academy of Management Journal, Vol. 44, №6, 1123–1134.
Belak, Jernej. (2016). Management and governance: Organizational culture in relation to enterprise life cycle. Kybernetes, 45(4), 680–698. ISSN 0368492X.
Berraies, S., Chaher, M., & Yahia, K. B. (2014). Employee empowerment and its importance for trust, innovation, and organizational performance. Business Management and Strategy, 5(2), 82. https://doi.org/10.5296/bms.v5i2.6558
Bhatti, M. I., Awan, H. M., & Razaq, Z. (2013). The key performance indicators (KPIs) and their impact on overall organizational performance. Quality & Quantity, 48(6), 3127–3143. https://doi.org/10.1007/s11135-013-9945-y
Bindra, S., Parameswar, N., & Dhir, S. (2019). Strategic management: The evolution of the field. Strategic Change, 28(6), 469–478. https://doi.org/10.1002/jsc.2299
Tan, L., & Ding, J. (2015). The frontier and evolution of the strategic management theory: A scientometric analysis of Strategic Management Journal, 2001-2012. Nankai Business Review International, 6(1), 20–41.
Teece, D. J. (2010). Business models, business strategy and innovation. Long Range Planning, 43, 172–194.
Burkhart, T., Krumeich, J., Werth, D., & Loos, P. (2011). Analyzing the business model concept – A comprehensive classification of literature. ResearchGate. https://www.researchgate.net/publication/221599299_Analyzing_the_Business_Model_Concept_-_A_Comprehensive_Classification_of_Literature
Cadle, J., Paul, D., & Turner, P. (2010). Business analysis techniques: 72 essentials tools for success. BCS The Chartered Institute for IT.
Courtney, Osborn. (2018). The 5 stages of the strategic management process - Tta Blog.
Dachyar, M., Zagloel, T. Y. M., & Saragih, L. R. (2019). Knowledge growth and development: Internet of Things (IoT) research, 2006–2018. Heliyon, 5(8), e02264.
Dai, J. J., Shen, L., & Zhen, W. F. (2011). Business-model dynamics: A case study of Tencent. In IEEE 18th International Conference on Industrial Engineering and Engineering Management (pp. 306–310).
Phan, S. T. (2021). The effect of PESTLE factors on development of e-commerce. International Journal of Data and Network Science, 37–42. https://doi.org/10.5267/j.ijdns.2020.11.005
Seelos, C., & Mair, J. (2007). Profitable business models and market creation in the context of deep poverty: A strategic view. Academy of Management Perspectives, 21, 49–63.
Published
2024-07-31
How to Cite
YUFENG, Guo.
The Internal Management Strategy of Chinese Internet Enterprises and Business Performance: A Study of Tencent Internet Enterprises in China.
International Journal of Business and Technology Management, [S.l.], v. 6, n. 2, p. 668-674, july 2024.
ISSN 2682-7646.
Available at: <https://myjms.mohe.gov.my/index.php/ijbtm/article/view/27301>. Date accessed: 19 sep. 2024.
Section
English Section