Culture, state and varieties of capitalism : a comparative study of life insurance markets in Hong Kong and Taiwan (Record no. 131536)

MARC details
000 -LEADER
fixed length control field 02188nam a2200217 a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 130614s2012####xx#||||||||||||||#||####|
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 1468-4446
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number Journals
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Chan, Cheris Shun-ching
245 10 - TITLE STATEMENT
Title Culture, state and varieties of capitalism : a comparative study of life insurance markets in Hong Kong and Taiwan
Medium Journal
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc.
Name of publisher, distributor, etc. British Journal of Sociology
Date of publication, distribution, etc. 2012
300 ## - PHYSICAL DESCRIPTION
Extent Journal article
500 ## - GENERAL NOTE
General note <p>British Journal of Sociology Vol. 63 no. 1 (Mar 2012), p. 97-122.</p> <p>Available in the library. See journal shelves.</p> <p>Available online.</p>
520 ## - SUMMARY, ETC.
Summary, etc. This article examines the interplay between local culture, the state, and economic actors' agency in producing variation across markets. I adopt a political–cultural approach to examining why life insurance has been far more popular in Taiwan than Hong Kong, despite the presence of a cultural taboo on the topic of premature death in both societies. Based on interview data and documentary references, the findings reveal that as an independent state, the Taiwanese government heavily protected domestic insurance firms during their emergence. These domestic firms adopted a market-share approach by re-defining the concept of life insurance to accommodate the local cultural taboo. The colonial Hong Kong government, on the other hand, adopted laissez-faire policies that essentially favoured foreign insurance firms. When faced with the tension between local adaptation and the profitability of the business, these foreign firms chose the latter. Their reluctance to accommodate local cultures, however, resulted in a smaller market. I argue that state actions mediate who the dominant economic players are and that the nature of the dominant players affects the extent of localization. Specifically, the presence of competitive domestic players alongside transnational corporations is more likely to produce varieties of capitalism.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Capitalism
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Sociology
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Globalisation
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Insurance
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element localism
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="http://dx.doi.org/10.1111/j.1468-4446.2011.01395.x">http://dx.doi.org/10.1111/j.1468-4446.2011.01395.x</a>
Link text Open e-book (Ruskin students only)
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Total Checkouts Date last seen Price effective from Koha item type
        Electronic publication Electronic publication 08/08/2023   08/08/2023 08/08/2023 Article