An Ethical Investigation Of The Administration Mode Of Contemporary Family Business In China

Different from state-owned enterprises, individually-run enterprises and foreign enterprises, family business, as a special form of enterprise organization, has adopted a unique administration mode during its long-time practice of operation and management, which reflects and conforms to its own characteristics such as intense unification of ownership and management, patriarchal management, hierarchical and sequential management and reliance on the Internet etc.This ethical research of the administration issue of contemporary family business in China aims to investigate and evaluate the factual practice of the business administration in terms of values. The traditional management ideology of Chinese family business has such business as priority of consanguinity and kinship, and superiority of family interest, which, to some extent, provide some precious and valuable cultural resources for the business administration of contemporary family business in China. With further development of globalization and market-oriented economy, however, there comes the contrast and conflict between such traditional ethics and the modern business administration ethics. Therefore, the sustainable development of contemporary family business requires badly the establishment of a set of ethical value system, which must have binding force, guiding force and regulating force as well as conforms to the modern business administration so as to promote self-reflection, self-criticism, self-creation and self-development of family business, to enhance its independence, discipline and awareness, to activate its internal potential and ethical strength. Only in this way may family business acquire more extensive space of development and play its important role in the economic development in China.