Spanish business investment in China from the perspective of the consulting firm Garrigues

Purpose: This article aims to analyse the reasons for Spanish companies to invest in China and the factors that influence the success or failure of the venture during the implementation process. Design/methodology/approach: This paper is based on an interview held with the two partners of the Garrig...

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Authors: Banchieri, Lucía Clara, Campa Planas, Fernando, Cascón, Rosalia, Guercio, María Belén, Hernández Lara, Ana Beatriz, Sánchez Rebull, Maria Victoria
Format: article
Status:Published version
Publication Date:2012
Country:Argentina
Institution:Consejo Nacional de Investigaciones Científicas y Técnicas
Repository:CONICET Digital (CONICET)
Language:English
OAI Identifier:oai:ri.conicet.gov.ar:11336/66310
Online Access:http://hdl.handle.net/11336/66310
Access Level:Open access
Keyword:China
Chinese Market
Corporate Culture
Foreign Direct Investments
International Investments
Motivation for Internationalization
Organizational Culture
Spanish Companies
Success And Failure Factors of Internationalization
https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
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spelling Spanish business investment in China from the perspective of the consulting firm GarriguesBanchieri, Lucía ClaraCampa Planas, FernandoCascón, RosaliaGuercio, María BelénHernández Lara, Ana BeatrizSánchez Rebull, Maria VictoriaChinaChinese MarketCorporate CultureForeign Direct InvestmentsInternational InvestmentsMotivation for InternationalizationOrganizational CultureSpanish CompaniesSuccess And Failure Factors of Internationalizationhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5Purpose: This article aims to analyse the reasons for Spanish companies to invest in China and the factors that influence the success or failure of the venture during the implementation process. Design/methodology/approach: This paper is based on an interview held with the two partners of the Garrigues office in Shanghai, Francisco Soler and Manuel Torres. Francisco Soler was responsible for opening and subsequently managing the office from 2005 through to August 2011, when he handed over the reins to Manuel Torres. Findings: The main reason for investing in China is its market. It is worth mentioning here that there has been a paradigm shift whereby China has gone from being the "world's factory" to the "world's market", not just because of its size but also because of the dizzying speed at which it continues to grow. To minimise the risks of investing in China, the interviewees pointed out the crucial importance of the company committing a significant amount of all kinds of resources to the venture. They also maintain that the investing company should ensure that the people responsible for the project are fully committed to the company and completely familiar with its operations and corporate culture. Originality/value: The value of this study lies in contrasting the practical viewpoint of Garrigues legal consulting firm with the existing literature on the topics discussed in the interview: the reasons why companies invest in China, and the factors that lead to their success or failure. © Emerald Group Publishing Limited.Fil: Banchieri, Lucía Clara. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universitat Rovira I Virgili; EspañaFil: Campa Planas, Fernando. Universitat Rovira I Virgili; EspañaFil: Cascón, Rosalia. Universitat Rovira I Virgili; EspañaFil: Guercio, María Belén. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universitat Rovira I Virgili; EspañaFil: Hernández Lara, Ana Beatriz. Universitat Rovira I Virgili; EspañaFil: Sánchez Rebull, Maria Victoria. Universitat Rovira I Virgili; EspañaEmerald2012-05info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/66310Banchieri, Lucía Clara; Campa Planas, Fernando; Cascón, Rosalia; Guercio, María Belén; Hernández Lara, Ana Beatriz; et al.; Spanish business investment in China from the perspective of the consulting firm Garrigues; Emerald; Measuring Business Excellence; 16; 2; 5-2012; 35-401368-3047CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/doi/10.1108/13683041211230302info:eu-repo/semantics/altIdentifier/url/https://www.emeraldinsight.com/doi/abs/10.1108/13683041211230302info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2024-05-08T13:41:08Zoai:ri.conicet.gov.ar:11336/66310instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982024-05-08 13:41:08.504CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Spanish business investment in China from the perspective of the consulting firm Garrigues
title Spanish business investment in China from the perspective of the consulting firm Garrigues
spellingShingle Spanish business investment in China from the perspective of the consulting firm Garrigues
Banchieri, Lucía Clara
China
Chinese Market
Corporate Culture
Foreign Direct Investments
International Investments
Motivation for Internationalization
Organizational Culture
Spanish Companies
Success And Failure Factors of Internationalization
https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
title_short Spanish business investment in China from the perspective of the consulting firm Garrigues
title_full Spanish business investment in China from the perspective of the consulting firm Garrigues
title_fullStr Spanish business investment in China from the perspective of the consulting firm Garrigues
title_full_unstemmed Spanish business investment in China from the perspective of the consulting firm Garrigues
title_sort Spanish business investment in China from the perspective of the consulting firm Garrigues
dc.creator.none.fl_str_mv Banchieri, Lucía Clara
Campa Planas, Fernando
Cascón, Rosalia
Guercio, María Belén
Hernández Lara, Ana Beatriz
Sánchez Rebull, Maria Victoria
author Banchieri, Lucía Clara
author_facet Banchieri, Lucía Clara
Campa Planas, Fernando
Cascón, Rosalia
Guercio, María Belén
Hernández Lara, Ana Beatriz
Sánchez Rebull, Maria Victoria
author_role author
author2 Campa Planas, Fernando
Cascón, Rosalia
Guercio, María Belén
Hernández Lara, Ana Beatriz
Sánchez Rebull, Maria Victoria
author2_role author
author
author
author
author
dc.subject.none.fl_str_mv China
Chinese Market
Corporate Culture
Foreign Direct Investments
International Investments
Motivation for Internationalization
Organizational Culture
Spanish Companies
Success And Failure Factors of Internationalization
https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
topic China
Chinese Market
Corporate Culture
Foreign Direct Investments
International Investments
Motivation for Internationalization
Organizational Culture
Spanish Companies
Success And Failure Factors of Internationalization
https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
description Purpose: This article aims to analyse the reasons for Spanish companies to invest in China and the factors that influence the success or failure of the venture during the implementation process. Design/methodology/approach: This paper is based on an interview held with the two partners of the Garrigues office in Shanghai, Francisco Soler and Manuel Torres. Francisco Soler was responsible for opening and subsequently managing the office from 2005 through to August 2011, when he handed over the reins to Manuel Torres. Findings: The main reason for investing in China is its market. It is worth mentioning here that there has been a paradigm shift whereby China has gone from being the "world's factory" to the "world's market", not just because of its size but also because of the dizzying speed at which it continues to grow. To minimise the risks of investing in China, the interviewees pointed out the crucial importance of the company committing a significant amount of all kinds of resources to the venture. They also maintain that the investing company should ensure that the people responsible for the project are fully committed to the company and completely familiar with its operations and corporate culture. Originality/value: The value of this study lies in contrasting the practical viewpoint of Garrigues legal consulting firm with the existing literature on the topics discussed in the interview: the reasons why companies invest in China, and the factors that lead to their success or failure. © Emerald Group Publishing Limited.
publishDate 2012
dc.date.none.fl_str_mv 2012-05
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/66310
Banchieri, Lucía Clara; Campa Planas, Fernando; Cascón, Rosalia; Guercio, María Belén; Hernández Lara, Ana Beatriz; et al.; Spanish business investment in China from the perspective of the consulting firm Garrigues; Emerald; Measuring Business Excellence; 16; 2; 5-2012; 35-40
1368-3047
CONICET Digital
CONICET
url http://hdl.handle.net/11336/66310
identifier_str_mv Banchieri, Lucía Clara; Campa Planas, Fernando; Cascón, Rosalia; Guercio, María Belén; Hernández Lara, Ana Beatriz; et al.; Spanish business investment in China from the perspective of the consulting firm Garrigues; Emerald; Measuring Business Excellence; 16; 2; 5-2012; 35-40
1368-3047
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/doi/10.1108/13683041211230302
info:eu-repo/semantics/altIdentifier/url/https://www.emeraldinsight.com/doi/abs/10.1108/13683041211230302
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
application/pdf
dc.publisher.none.fl_str_mv Emerald
publisher.none.fl_str_mv Emerald
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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