Title Best Practice
Subtitle Management Consulting and the Ethics of Financialization in China
Author Kimberly Chong
ISBN 9781478000884
List price GBP 19.99
Price outside India Available on Request
Original price
Binding Paperback
No of pages 264
Book size 152 x 228 mm
Publishing year 2018
Original publisher Duke University Press (Combined Academic Publishers)
Published in India by .
Exclusive distributors Viva Books Private Limited
Sales territory India, Sri Lanka, Bangladesh, Pakistan, Nepal, .
About the book Send Enquiry

“Despite the significance of financialization in shaping global capitalism, its implementation and operationalization within corporations are often taken at face value. Scholars across disciplines have long recognized the need for an ethnographic account of management consulting to better understand how the cultural values of finance are translated into nonfinancial organizations. Kimberly Chong’s ethnography of financialization in China is therefore compelling, insightful, and most welcome.”

—Karen Ho, author of Liquidated: An Ethnography of Wall Street


“Kimberly Chong provides a fascinating ethnography of the critical role that management consultants play in restructuring capitalist economic activity in China. Her book presents a convincing set of arguments both for how consultancy firms produce financialized subjects and why an ethical basis is needed for this work. It will provoke wide-ranging, interdisciplinary debates about how to assess financialization and its effects on everyday work.”

—Lisa Rofel, coauthor of Fabricating Transnational Capitalism: A Collaborative Ethnography of Italian-Chinese Global Fashion



In Best Practice Kimberly Chong provides an ethnography of a global management consultancy that has been hired by Chinese companies, including Chinese state-owned enterprises. She shows how consulting emerges as a crucial site for considering how corporate organization, employee performance, business ethics, and labor have been transformed under financialization. To date financialization has been examined using top-down approaches that portray the rise of finance as a new logic of economic accumulation. Best Practice, by contrast, focuses on the everyday practices and narratives through which companies become financialized. Effective management consultants, Chong finds, incorporate local workplace norms and assert their expertise in the particular terms of China’s national project of modernization, while at the same time framing their work in terms of global “best practices.” Providing insight into how global management consultancies refashion Chinese state-owned enterprises in preparation for stock market flotation, Chong demonstrates both the dynamic, fragmented character of financialization and the ways in which Chinese state capitalism enables this process.




Chapter 1. High Performers: The Making of Financialized Subjects

Chapter 2. Evaluating Humans: Financial Rationality and Practices of Performance-Related Pay

Chapter 3. Reducing Costs: Shared Service Centers, Labor, and the Outsourcing Rationale

Chapter 4. Training Value: The Moral and Political Project of Selling Consultancy

Chapter 5. Client Sites: Liminality, Modernity, and Performances of Expertise

Chapter 6. Building a Paradise: Post-Mao Visions of Transformation

Chapter 7. Conspicuous Ethicizing: Corporate Culture, CSR, and Corporate Subjectivity





About the Author:

Kimberly Chong is Lecturer of Anthropology at University College London.

Target Audience:

People interested in Business ethics and Financialization.

Special prices are applicable to the authorised sales territory only.
Prices are subject to change without prior notice.