A Study on the Influencing Factors of Chinese Family Businesss Succession from the Perspective of Re-creation
Li Qi; Ratih Hurriyati; Disman; Mohammad Ali
Universitas Pendidikan Indonesia
Abstract
Family business plays an important role in the world economy, which exists widely both in developed countries and developing countries. For the family business, the successor means the future development direction and growth trend of the business. The inter-generational succession of the family business is a multistage evolution process influenced by many factors. Based on the succession model and characteristics of Chinese family business, this paper analyzes the influencing factors of inter-generational succession of family businesses from the perspective of re-creation, and systematically classifies the influencing factors into five aspects: creators, successors, relationship, organization and environment. It provides reference for the next empirical research on the influencing factors of Chinese family business succession.
Keywords: family business, influencing factors, succession, re-creation
Topic: Strategic Management, Entrepreneurship and Contemporary Issues