| As the backbone of private economy,family businesses play an irreplaceable role in China’s economic development and social progress.Nowadays,with the increasing age of "creating a new generation" of family businesses in China,more and more second generation entrepreneurs are facing the problem of successfully taking over the family businesses.In the next ten years,it will be an important transition period for family businesses in China to generally face the succession of second generation entrepreneurs.The smooth inheritance of family businesses is not only closely related to the interests of enterprises themselves,but also will have a certain impact on the overall economic operation of China.According to the data,there were few successful inheritance cases of family enterprises in the past,and many enterprises were probing back and forth on the edge of bankruptcy.Therefore,inheritance has become the primary challenge for the development of family enterprises.How to achieve successful and efficient inheritance and ensure the longevity of family enterprises has gradually become an important issue discussed jointly by the practical and academic circles.The previous research on family business inheritance focused on the power transfer based on the enterprise resource view,but it is still difficult to solve the problem of successful inheritance of family businesses.However,with the continuous deepening of the research field of enterprise knowledge concept,many empirical studies have proved that the tacit knowledge embedded in entrepreneurs themselves is the core asset of family businesses.Compared with the transfer of power,it plays a more important role in the smooth inheritance of family businesses,and is considered to be the key factor to solve the problem of enterprise inheritance.At the same time,because of their inherent special attributes,family businesses are more complex than other enterprises in the design and implementation of internal control.Many family businesses have the risk that family leaders dominate over internal control,which ultimately affects the smooth succession and healthy development of enterprises.The core of internal control is people.Personal tacit knowledge,such as integrity,values and business philosophy,is crucial to internal control.Therefore,identifying the tacit knowledge elements at the entrepreneur’s own level and studying the internal control of family enterprises from the perspective of tacit knowledge inheritance have special practical significance for enterprises to achieve successful inheritance.This paper chooses Chuanhua Zhilian Co.,Ltd.as the research object.As a family enterprise that constantly pursues innovative development and makes qualitative breakthroughs after successful inheritance,its good internal control operation mode and experience in the inheritance process are worth learning from other family enterprises.Therefore,after consulting and sorting out the relevant literature on the inheritance of tacit knowledge and internal control of family enterprises by scholars,based on the research method of grounded theory,taking semi-structured interviews with senior executives and a large number of second-hand materials as the original data,this paper constructs a model of the influence of tacit knowledge inheritance on the effectiveness of internal control of family enterprises through level by level coding,and analyzes the specific impact path,so as to draw a conclusion,This provides reference for other family businesses.The research of this paper shows that:(1)The tacit knowledge of family business entrepreneurs at their own level is mainly divided into three categories,namely entrepreneurship,entrepreneurial social relations and entrepreneurial tacit knowledge,and the inheritance of these three types of tacit knowledge is affected by environmental factors,the factors of both inheritors and the factors of the inheritance stage.(2)Entrepreneur behavior is the intermediary variable of tacit knowledge inheritance factors affecting the effectiveness of family business internal control.(3)This paper measures the effectiveness of internal control from the perspective of the five elements of internal control.Based on this,it constructs a specific path for different elements of tacit knowledge to affect the five elements of internal control through entrepreneurial behavior.This paper has the following contributions: First,this paper studies the internal control of family enterprises from the perspective of tacit knowledge inheritance,which broadens the theoretical research framework of internal control of family enterprises;At the same time,from the dynamic perspective of tacit knowledge inheritance,it is not only more in line with the current reality that most family businesses are in the inheritance period,but also helps enterprises pay attention to the important role of tacit knowledge,a key core resource,in enterprise inheritance and development.Second,the model of tacit knowledge inheritance elements of family enterprises influencing the effectiveness of internal control through entrepreneurial behavior constructed in this paper helping the practical community to understand the specific path of tacit knowledge influencing internal control from the theoretical level,enterprises can also refer to this model to design and implement inheritance plans and internal control,so as to ensure the long-term operation of internal control and achieve the successful inheritance of family enterprises. |
