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Deficiency And Improvement Of Our Family Enterprise In Management System

Posted on:2014-07-26Degree:MasterType:Thesis
Country:ChinaCandidate:B J RenFull Text:PDF
GTID:2256330422457458Subject:Law
Abstract/Summary:PDF Full Text Request
Family enterprises in China with the opening of China economic system, hasachieved great-leap-forward development. The rapid development of China’s familyenterprises at the same time, we should also see, in comparison with the westerndeveloped countries of the family business, whether there is a big gap between the sizeof the company or business model. On the one hand and the development of Chineseeconomy big environment, family enterprises in China started late, development time isshort, small scale enterprises, economic strength is weak, the lack of global competitiveadvantage, while the lack of management experience; on the other hand, this also withChinese traditional culture, Chinese family enterprises both in the management systemor business decisions have a distinct family brand and personal arbitrary decision color.The shareholding ratio of the family has an absolute advantage, although the individualdecision models of this family, in the early stages of development of enterprises, has apositive meaning, for the rapid development of the enterprise and development but,with the rapid development of enterprises, need to continue financing and marketjudgment, in market financing at the same time, the inevitable happens family capitaland ownership dilution phenomenon, it is very easy to have a struggle for control ofenterprises, which have a negative impact on the development of the company.The establishment of market economic system, brought in spring for the leapdevelopment of family firms in China. With the development of family enterprises inour country, the height of the market adaptability and tenacious vitality vigor, has animportant role in market competition. Under the obvious regional features and culturalcharacteristics of Chinese family enterprises, in both business characteristics andbusiness philosophy, and even mode of operation, has obvious Chinese feature. Familyenterprises rapid development in our country, seize the opportunity of proud achievements at the same time, we should see more, with the successful familyenterprises and companies in the world, compared to no matter it is still on the size ofthe market in the enterprise operation and management ways, even on the enterprise’stalent competition mechanism has certain distance. On the one hand, due to China’smarket economy development time is short, the market competition mechanism is notsound, capital flows system underdeveloped economic strength weak there is a certainrelationship; Chinese traditional family management mode, on the other hand, themanagement of family enterprises participate in world competition brings intangibleresistance, the Chinese traditional individual decisions and family-based managementmodel, to attract talent and capital flows are challenged. But as the world economicintegration and the mature of market economy, family enterprises will undoubtedly indecision-making, management, financing, competition for talent has exposed more andmore disadvantages, how to achieve the coordination of operation right and ownership,ownership of balance, are put forward for the further development of family businesschallenges, to solve this problem in transformation of family firms to modern corporategovernance system in China and a key link in the process of long-term development.About family enterprises in our country and company development andmanagement system transformation and exploration, combined with the developmentof modern company law and perfect, for the improvement of family enterprise’sinternational competitiveness and the establishment of the scientific managementsystem and the transformation of family business governance system in China putforward requirements, how to safeguard the interests of the entrepreneur, andreasonable coordination of corporate governance, which is of great significance for thedevelopment of the company.To change the imbalance in the family business ownership and shareholdingstructure of a single as a starting point, the chaos of the ownership structure and capitalstructure of the single ownership and build, set up effective mechanism of capital flowsand equity trading mechanism, aiming to family enterprise market financing and the balance of the equity ownership structure. In scientific and reasonable property rightsstructure, on the basis of establishing and perfecting the board of directors, board ofsupervisors and general meeting of shareholders, and managers of the system ofcorporate governance structure, which effectively realizes the right duty separation andto achieve ownership, decision-making, supervision and management of separation andrestrict each other, eventually in the company law within the framework of realizationof the unity of the rights and responsibilities, establish good corporate operationmechanism, guarantee the company’s decision-making democratization and scientific,talent competition mechanism of persistence, targeted to gradually establish the systemof professional manager, realize the real separate ownership rights from managementrights, thus transforming to modern governance system for the enterprise the importantstep.The development of modern company law and perfect, for the family enterprisesin our country, is both an opportunity and a challenge, only positive successful familyfirms to the world and study and draw lessons from modern company, gradually torealize scientific governance system and management mode of democracy, to activelyparticipate in the spring tide of competition in the world, can seize the opportunity,realize the substantive change from family businesses.About the exploration of Chinese family enterprise development and managementsystem, to enhance the international competitiveness of enterprises and the goodoperation and scientific management, has the vital significance.Research on the development of China’s family enterprises and governance, toimprove the international competitiveness of enterprises and good operation andscientific management, has the vital significance.
Keywords/Search Tags:Family Business, Corporate Governance, Majority Ownership, LegalPerfection
PDF Full Text Request
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