A Study On The Corporate Governace And Growth Of Family Firms

Compared with developed countries, family firms of China universally encountered"fail to grow up"phenomenon. So , at first it study on the restraint of growth ,then the contradiction of corporate governance and growth of family business. It based on the data and materials coming from Xiangshan group, a typical representative of family firms of China. And Studying the decisive and influencing factors of corporate governance of family firms of China, seeking key factors that restrict their growth.It gives some suggestions to optimize stock right structure and to perfect corporate governance of family firms, in order to ensure the healthy development of family business in China.The thesis is grouped four chapters. Chapter 1 is the study purpose, meaning, the methods and the contents of the thesis. Chapter 2 is the theoretical study and concerned with basic theory, such as the principal-agent theory. Chapter 3 introduces three cases . Chapter 4 proposes the policies and strategy to ensure the healthy development of family business in China.Numerous experience researches indicate that the vicissitudes of enterprises, achievement quality depend on, to a great extent, whether the enterprise's governance structure is efficient or not. It is proven by practice that through the perfection and innovation of corporate governance can solve the existing problems of family firms, which are feasible,and can help the continuous development of family firms of China and realize the second rapid development.