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The Research Based On Business Life Cycle Of Chinese Family Enterprises

Posted on:2011-08-03Degree:MasterType:Thesis
Country:ChinaCandidate:X B YuFull Text:PDF
GTID:2189330332464338Subject:Business management
Abstract/Summary:PDF Full Text Request
Through thirty years of reform and opening up,the Chinese family business made significant progress, Growth of the national economy the most important part of dynamic, and some family business has been a considerable scale to become the leading force in their respective industries. Even so, it is very natural to a small family business and family workshops and the associated management of chaos, nepotism, and other issues linked to short-lived. In recent years, along with the family business further research, in academia began to form a dominant point of view: that into development difficult for many family businesses, they lack not the resources, markets, technologies, but how to build long-term stability of the system to ensure that the basis of family businesses, choose the development process with the family business governance model suited to a family business key to sustainable development. Construction of the current academic model of governance family business there are two different perspectives: the first is to ask the family business to its family management and control model of business transformation efforts to the public; The second reason is that family businesses can achieve considerable The development of governance model based on their family, family governance model should be retained without wavering.This paper, extensive literature collection and analysis based on the family business and family business governance model for a new definition of the meaning and perspective on business life cycle governance model to turn into family business: Classic Family Enterprises, Mixed Family Enterprises and the Modern Family Enterprises, explained the family business under different life-cycle management features. The main line of enterprise integration life cycle cost-benefit analysis of the family business perspective of the different life cycle governance model to make the contingent under the specific process of continuous change; made the Family Enterprises factor "six-dimensional" map, and governance structure of the family mode selection function; in the analysis of different business life cycle, Family Business based on the Choice of Mode and found that there is neither suitable for all family business "universal governance model", there is no suitable family business all stages of development "cure "model of governance. Family businesses must adapt to the external environment, based on internal and external conditions based on changes in family businesses with contingency options suited to the development process model of governance, namely the initial period - Classic Family Enterprises; growth stage - eclectic Family Business model; maturity - Modern Family Enterprises. Three types of governance model for the shortcomings in reality put forward feasible measures to solve the problem, that the initial period of the classical Family Enterprises - set up family meetings to coordinate the relationship between family and business, internal ownership clear family, the introduction of external capital improve the management team, standardizing management of external authority, etc.; growth stage eclectic Family Enterprises - the establishment of the family committee, create a fair competitive environment.
Keywords/Search Tags:Family Enterprise, Enterprise Life Cycle, Family Enterprise Governance Model
PDF Full Text Request
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