Strategic decisions in Chinese state-owned enterprises as outcome of the sensemaking of the CEO: the case of COSCO’s emerging involvement in the Port of Piraeus
Bibliographic record
Abstract
This paper takes China Ocean Shipping Company (COSCO)’s investment in the Piraeus Port as a case study to explore the development of the sensemaking of its CEOs in taking key strategic decisions. The extant literature assumes that decisions by CEOs of Chinese state own enterprises are informed by the interests of the State. This paper employs social constructionist organisation theory to investigate COSCO’s then CEO Wei Jiafu’s social interaction with various Chinese and Greek stakeholders from his multiple social identities in the Chinese corporate and political realms. It shows that the synergy of these identities was a driving factor behind the first encounters between Mr Wei and the Greek government officials and behind the initiation of the idea to invest in Piraeus during those first encounters. The following encounters gradually enlarged the critical mass of supporters for the investment, ending in the signing of the agreement.
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How this classification was reachedexpand
Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.001 | 0.000 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.000 | 0.001 |
| Science and technology studies | 0.000 | 0.000 |
| Scholarly communication | 0.000 | 0.000 |
| Open science | 0.000 | 0.000 |
| Research integrity | 0.000 | 0.000 |
| Insufficient payload (model declined to judge) | 0.000 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one teacher head, not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".