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Four Seasons Minghu: Organizational Resilience and the Path to Recovery
Miao Cui; Xiaoxue Zhou; Di Cai; Bing Liu; Shaobo LiCase IVEY-9B20M063-EEntrepreneurship, StrategyBefore 2013, Shandong Four Seasons Minghu Hotel Co. Ltd. was a high-end restaurant and food service company. In December 2012, the Chinese government implemented the Eight-Point Regulation that prohibited government officials from indulging in luxury banquets and high-end meals. The new government policy had a negative effect on many companies across the high-end food service industry, whose customer base consisted mainly of government officials....Starting at €8.20