Cover image for Asian eclipse : exposing the dark side of business in Asia
Asian eclipse : exposing the dark side of business in Asia
Backman, Michael, 1967-
Personal Author:
Revised edition.
Publication Information:
Singapore ; New York : J. Wiley, 2001.
Physical Description:
viii, 329 pages ; 23 cm
Electronic Access:
Table of Contents
Format :


Call Number
Material Type
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HD58.7 .B342 2001 Adult Non-Fiction Central Closed Stacks

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"Backman really understands why business evolved the way it did in Asia."--Economist
"Backman's brisk analysis . . . should be required reading. The real strength of Asian Eclipse is its accessibility to nonspecialists through its startling insights into the business interests, machinations, and relationships."--Independent (London)
"The research and reporting is impressive and up-to-date . . . it's a pleasure to read, rich in anecdotes and never boring or academic."--Far Eastern Economic Review
Named one of the finest general nonfiction books of 1999 by the Economist, Asian Eclipse was the first book to comprehensively assess the corporate and business practices in Asia. This revised and updated edition features a new chapter on the Internet and e-commerce in Asia and updates on current markets and events.
Michael Backman (Australia) is a leading researcher specializing in Asian corporate practice and a regular contributor to numerous leading newspapers and magazines.

Author Notes

Michael Backman is a leading commentator on corporate Asia and is known for his detailed and uncompromising analysis. He is the principal author of the highly acclaimed Overseas Chinese Business Networks in Asia published by the Australian Government, the author of numerous articles for journals and newspapers around the world and a regular contributor to the Asian Wall Street Journal. He is a frequent speaker at international seminars and conferences and a regular commentator in the media on Asian business matters. Mr Backman was trained as an economist, has lived and worked in Jakarta, Indonesia, and travels widely throughout Asia.

Table of Contents

Introductionp. 1
Section 1 The Frameworkp. 5
Chapter 1 Bureaucrats, Bribery, and Bankruptcyp. 7
Chapter 2 Auditing Asiap. 22
Chapter 3 Asia's Corrupted Business Mediap. 33
Section 2 Families, Firms, and Fortunesp. 43
Chapter 4 Merchants of Menace? Conglomerates Asian-stylep. 45
Chapter 5 Asia's Conglomerates and their Banksp. 59
Chapter 6 Lambs to the Slaughter: Investing in Asia's Stock Marketsp. 81
Chapter 7 Polygamy and Family Squabblesp. 92
Chapter 8 Asia's E-Boom and E-Bustp. 102
Section 3 Asia's Two Giantsp. 123
Chapter 9 What's Wrong with Japan?p. 125
Chapter 10 China: Rising Star or Black Hole?p. 159
Section 4 The Minority That Countsp. 191
Chapter 11 Asia's Overseas Chinesep. 193
Section 5 Kings, Cronies, and Presidentsp. 209
Chapter 12 Royal Businessp. 211
Chapter 13 President of the Country; Chairman of the Boardp. 234
Chapter 14 Other Politicians; Other Businessesp. 265
Section 6 Asian Eclipse?p. 289
Chapter 15 Asian Eclipse and Beyondp. 291
Endnotesp. 307
Bibliographyp. 321
Indexp. 325