Culture, state and varieties of capitalism: A comparative study of life insurance markets in Hong Kong and Taiwan

British Journal of Sociology

Volumn 63, Issue 1, 2012, Pages 97-122

  Chan, Cheris Shun ching ^a  

^a UNIVERSITY OF HONG KONG   (Hong Kong)

Author keywords

Asia; Culture; Globalization; Insurance; Localization; State; Varieties of capitalism

Indexed keywords

ARTICLE; ATTITUDE TO DEATH; COMPARATIVE STUDY; CULTURAL FACTOR; ECONOMICS; ETHNOLOGY; FINANCIAL MANAGEMENT; HONG KONG; HUMAN; INSURANCE; INTERNATIONAL COOPERATION; POLICY; POLITICAL SYSTEM; POLITICS; RISK MANAGEMENT; SOCIOLOGY; TABOO; TAIWAN; UTILIZATION REVIEW;

ATTITUDE TO DEATH; CAPITALISM; CROSS-CULTURAL COMPARISON; FINANCIAL MANAGEMENT; HONG KONG; HUMANS; INSURANCE, LIFE; INTERNATIONALITY; POLITICS; PUBLIC POLICY; RISK MANAGEMENT; SOCIOLOGY; TABOO; TAIWAN;

EID: 84858116533     PISSN: 00071315     EISSN: 14684446     Source Type: Journal    
DOI: 10.1111/j.1468-4446.2011.01395.x     Document Type: Article

References (73)

1. 2007 Gross Domestic Product 2008 Hong Kong: Census and Statistics Department, Hong Kong Special Administrative Region.
2. Annual Report 19922007, Hong Kong: Office of Commissioner of Insurance.
3. Alborn, T. 2002 'The First Fund Managers: Life Insurance Bonuses in Victorian Britain', Victorian Studies 45(1): 65-92.
4. Alborn, T. 2009 Regulated Lives: Life Insurance and British Society 1800-1914, Toronto: University of Toronto Press.
5. Allen, M. 2004 'The Varieties of Capitalism Paradigm: Not Enough Variety?' Socio-Economic Review 2(1): 87-107.
6. Almanac of China's Insurance 19982008 Beijing: The Editorial House of China Insurance Yearbook.
7. Amable, B. 2003 The Diversity of Modern Capitalism, New York: Oxford University Press.
8. Appadurai, A. 1996 Modernity at Large: Cultural Dimensions of Globalization, MI: University of Minnesota Press.
9. Arrow, K. 1971 Essays in the Theory of Risk-Bearing, Chicago: Markham Publishing Co.
10. Beck, U. 1992 Risk Society: Towards a New Modernity, London: Sage Publications.
11. Biggart, N and Guillen, M. 1999 'Developing Difference: Social Organization and the Rise of the Auto Industries of South Korea, Taiwan, Spain, and Argentina', American Sociological Review 64: 722-47.
12. Boyer, R. 1996 'The Convergence Hypothesis Revisited: Globalization but Still the Century of Nations?' in S. Berger and R. Dore (eds) National Diversity and Global Capitalism, Ithaca: Cornell University Press.
13. Campbell, J. 2004 Institutional Change and Globalization, Princeton and Oxford: Princeton University Press.
14. Chan, C. S-C. 2006 'Insurance' in R. Robertson and J. A. Scholte (eds) Encyclopedia of Globalization, New York: Routledge.
15. Chan, C. S-C. 2009a 'Creating a Market in the Presence of Cultural Resistance: The Case of Life Insurance in China', Theory and Society 38: 271-305.
16. Chan, C. S-C. 2009b 'Invigorating the Content in Social Embeddedness: An Ethnography of Life Insurance Transactions in China', American Journal of Sociology 115(3): 712-54.
17. Chan, C. S-C. 2012 Marketing Death: Culture and the Making of Life Insurance Market in China, New York: Oxford University Press.
18. Chan, M and Fung S. 1986 A Profile of Life Insurance Industry in Hong Kong, MBA Thesis, School of Business Administration, The Chinese University of Hong Kong.
19. Clark, G. 1999 Betting on Lives: The Culture of Life Insurance in England, 1695-1775, New York: Manchester University Press.
20. Collins, S. 1991 'Saving Behavior in Ten Developing Countries' in D. Bernheim and J. Shoven (eds) National Saving and Economic Performance, Chicago and London: The University of Chicago Press.
21. DiMaggio, P. 1997 'Culture and Cognition', Annual Review of Sociology 23: 263-87.
22. Dobbin, F. 1994 Forging Industrial Policy: The United States, Britain, and France in the Railway Age, New York: Cambridge University Press.
23. Dore, R. 1983 'Goodwill and the Spirit of Market Capitalism', British Journal of Sociology 34(4): 459-82.
24. Dore, R. 2000 Stock Market Capitalism: Welfare Capitalism: Japan and Germany Versus the Anglo-Saxons, Oxford and New York: Oxford University Press.
25. Douglas, M. 1985 Risk Acceptability According to the Social Sciences, New York: Russell Sage Foundation.
26. Douglas, M. 1986 How Institutions Think, New York: Syracuse University Press.
27. Douglas, M. and Wildavsky, A. 1982 Risk and Culture: An Essay on the Selection of Technical and Environmental Dangers, Berkeley: University of California Press.
28. Feng, B. and Kau, N. M. 2010 Enriching Lives: A History of Insurance in Hong Kong, 1841-2010, Hong Kong: Hong Kong University Press and The Hong Kong Federation of Insurers.
29. Fligstein, N. 2001 The Architecture of Markets: An Economic Sociology of Twenty-first-century Capitalist Societies, Princeton: Princeton University Press.
30. Friedland, R. and Alford, R. R. 1991 'Bringing Society Back in: Symbols, Practices, and Institutional Contradictions' in W. Powell and P. DiMaggio (eds) The New Institutionalism in Organizational Analysis, Chicago: University of Chicago Press.
31. Fu, L. 1995 'Fuli Guojia Gong/Si Bumen de Hudong: Taiwan Siren Baoxian yu Shehui Baoxian Guanxi de Chubu Tantao (Interactions between the Public and Private Sectors of Welfare States: An Exploratory Study of the Relation Between Private Insurance and Social Insurance in Taiwan)', Zhongguo Shehuixue Han (China Sociology Journal) 18: 117-52.
32. Giddens, A. 1990 The Consequences of Modernity, CA: Stanford University Press.
33. Gorringe, H, and Rosie, M. 2008 'It's a Long Way to Auchterarder! "Negotiated Management" and Mismanagement in the Policing of G8 Protests', British Journal of Sociology 59(2): 187-205.
34. Gourevitch, P. 1996 'The Macropolitics of Microinstitutional Differences in the Analysis of Comparative Capitalism' in S. Berger and R. Dore (eds) National Diversity and Global Capitalism, Ithaca and London: Cornell University Press.
35. Guillen, M. 2001 The Limits of Convergence: Globalization and Organizational Change in Argentina, South Korea, and Spain, Princeton and Oxford: Princeton University Press.
36. Guseva, A. 2008 Into the Red: The Birth of the Credit Card Market in Postcommunist Russia, Stanford: Stanford University Press.
37. Hall, P. and Soskice, D. (eds) 2001 Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, NY: Oxford University Press.
38. Hamilton, G. and Biggart, N. 1988 'Market, Culture, and Authority: A Comparative Analysis of Management and Organization in the Far East', American Journal of Sociology 94(Supplement): S52-S94.
39. Hamilton, G. and Kao, C. 1990 'The Institutional Foundations of Chinese Business: The Family Firm in Taiwan', Comparative Social Research 12: 135-51.
40. Hefner, R. 1998 'Introduction: Society and Morality in the New Asian Capitalisms' in R. Hefner (ed.) Market Culture: Society and Morality in the New Asian Capitalisms, Boulder, CO: Westview Press.
41. Hwang, T. 2001 Critical Determinants of Demand for Life Insurance in Developing Countries, PhD Dissertation, Glasgow Caledonian University.
42. Insurance Yearbook, the Republic of China 1991, 1997, 2002, 2007, Taipei: Insurance Development Funds Management Committee.
43. Kahneman, D. and Tversky, A. 1979 'Prospect Theory: An Analysis of Decision Under Risk', Econometrica 47(2): 263-91.
44. Koug, S. 1997 An Empirical Tests on Consistency and Efficiency in Taiwan Life Insurance Industry, Master's Thesis, Industrial Management Technology College, Taiwan.
45. Kwok, K. 1961 The Life Insurance Industry of Hong Kong, MS Thesis, Department of Business, San Jose State College.
46. Lai, S. P. 1991 The Liberalization of the Taiwanese Life Insurance Market Implications for US Life Insurance Companies, BA Thesis, Department of East Asian Languages and Civilizations, Harvard College.
47. Lamont, M. and Thevenot, L. (eds) 2000 Rethinking Comparative Cultural Sociology: Repertoires of Evaluation in France and the United States, Cambridge, UK: Cambridge University Press.
48. Lane, C. 2000 'Globalization and the German Model of Capitalism - Erosion or Survival?' British Journal of Sociology 51(2): 207-34.
49. Lavie, D. and Fiegenbaum, A. 2003 'The Dominant Strategic Positioning of Foreign MNCs: A Typological Approach and the Experience of Israeli Industries', Journal of Business Research 56: 805-14.
50. Lee, K. 1969 The Marketing of Ordinary Life Insurance Policies in Hong Kong, M.Phil. Thesis, The Lingnan Institute of Business Administration, The Chinese University of Hong Kong.
51. Lehrman, W. 1994 'Diversity in Decline: Institutional Environment and Organizational Failure in the American Life Insurance Industry', Social Forces 73(2): 605-35.
52. Li, R. M., Duberstein-Lindberg, L. and Lin, H. 1996 'An Exploration of Life Insurance Among the Elderly in Taiwan', Journal of Cross-Cultural Gerontology 11: 81-108.
53. Life Insurance Fact Book 1999, Washington D.C.: American Council of Life Insurance.
54. Lin, L-F. 2002 Deregulation and Efficiency in the Taiwan Life Insurance Industry, PhD Dissertation, Temple University.
55. Lin, W-L. 2001 Shengming Shangpinhua de Shehui Jichu yu Yunzuojizhi: Yi Zhanhou Taiwan Renshenbaoxianye Wei Li (Social Foundations and Mechanisms of Commodification of life: Life Insurance Industry in Postwar Taiwan), M.Phil. Thesis, Department of Sociology, National Taiwan University.
56. Montanari, I. 2001 'Modernization, Globalization and the Welfare State: A Comparative Analysis of Old and New Convergence of Social Insurance since 1930', British Journal of Sociology 52(3):469-94.
57. Murphy, S. 2010 Security in an Uncertain World: Life Insurance in Antebellum America, Baltimore: Johns Hopkins University Press.
58. Pearson, R. 1990 'Thrift or Dissipation? The Business of Life Assurance in the Early Nineteenth Century', The Economic History Review 43: 236-54.
59. Post, J. 1976 Risk and Response: Management and Social Change in the American Insurance Industry, Lexington, MA: Lexington Books.
60. Prasad, M. 2006 The Politics of Free Markets: The Rise of Neoliberal Economic Policies in Britain, France, Germany, and the United States. Chicago: University of Chicago Press.
61. Statistical Yearbook, the Republic of China 19922007, Taipei: Accounting and Statistics (DGBAS) of Executive Yuan, The Directorate General of Budget.
62. Sun, H. P. and Affleck, A. 2000 'Report on the Taiwan Life Insurance Market', Woodrow Milliman Asia Report, Seattle: Milliam & Robertson, Inc.
63. Swidler, A. 1986 'Culture in Action: Symbols and Strategies', American Sociological Review 51: 273-86.
64. Tuohy, P. 1996 'Money Matters: Life Insurance is an Important Factor when Planning for Your Family's Future', Hong Kong Lawyer, June, 1996.
65. Wang, K. 2004 Touzixing Baoxian Shangpin de Shehuixue Fenxi: Zhongguo Dalu ji Taiwan de Bijiaoyanjiu (Sociological Analysis of Invested Insurance Products: A Comparison of China and Taiwan compared), M.Phil. Thesis, Department of Sociology, Tunghai University, Taiwan.
66. White, H. 1981 'Where Do Markets Come From?', American Journal of Sociology 87(3): 517-47.
67. Whitley, R. 2004 'The Social Construction of Organizations and Markets: The Comparative Analysis of Business Recipes' in F. Dobbin (ed.) The New Economic Sociology, Princeton and Oxford: Princeton University Press.
68. Wong, C. 2001 'Insurance Markets in Asia: Sanguine Outlook Despite Short-Term Uncertainties', Sigma, No.4, NY: Swiss Re Economic Research & Consulting.
69. Yeung, C. 1990 A Strategic Study of the General Insurance Industry in Hong Kong, MBA Thesis, Department of Management Studies, University of Hong Kong.
70. Yu, B. T. 1997 Institutional Development of the Insurance Industry, Hong Kong: City University of Hong Kong Press.
71. th-century America', American Journal of Sociology 84: 591-610.
72. Zelizer, V. 1979 Morals and Markets: The Development of Life Insurance in the United States, NY: Columbia University Press.
73. nd Edition, Princeton and Oxford: Princeton University Press.