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Crisis Management And Creative Adjustment: Margo-Redjo In The 1930s

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Chapter Summary

The mechanisms underlying the various Chinese business responses towards the enforced institutional changes during the crucial decades in Indonesian history have so far hardly been studied. This chapter aims to fill this gap by looking at the fates and fortunes of the Oei Tiong Ham Concern (OTHC), the largest ethnic Chinese conglomerate in pre-war Asia, during the reign of Oei Tjong Hauw. It discusses these business responses of OTHC during the 1930s–1950s from the perspective of its main protagonists and argues that the strategies employed during the Japanese period were part and parcel of a long-term strategy that was aimed to keep family control intact, spread business risks, and lessen the dependence on Indonesia for the survival of the conglomerate. The chapter is arranged chronologically, focusing respectively on the late Dutch colonial period, the Japanese interregnum, and the Sukarno period.

Keywords:Chinese business responses; conglomerate; Indonesia; oei tiong ham concern (OTHC)



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