The Influence of Confucian Culture on Business Management: A Case Study of Chinese Entrepreneurs in Macau

Abstract

Through thorough interview, questionnaires and observation of 26 Chinese entrepreneurs in Macau, this paper conducts a preliminary empirical analysis of their enterprises. Although Macau has experienced integration of Chinese and Western cultures for centuries, it still retains the traditional Confucian culture. Under its influence, enterprise form of Chinese entrepreneurs in Macau is dominated by family enterprises; enterprises lay more emphasis on merits of loyalty and diligence in their choice of employees; their staff management focuses on the will of the people and interpersonal relationship and at the same time the fine example of managers is also influential. Macau, with a small geographical area, forms a typical “acquaintances society”, therefore “relationship” plays an important role in the operation of enterprises and integrity is maintained under the supervision of acquaintances.