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Family business in China. Volume 2, Challenges and opportunities / Ling Chen, Jian An Zhu, Hanqing Fang.

9783030514020 (electronic bk.)
3030514021 (electronic bk.)
9783030514013
3030514013

Cham : Palgrave Macmillan, [2021]

©2021

English

1 online resource : illustrations (some color)

10.1007/978-3-030-51402-0 doi

HD62.25 .C44 2021

338.70951

Unlike other economies, family businesses in China are greatly affected by the derived Confucian culture, excessive marketization, as well as the seemingly endless institutional supervision by a transitional Chinese government. China has a strong historical legacy, devoted to patriarchal values and strong family-centered traditions. This volume discusses the current status, upcoming challenges, and future prospects for family businesses in China. It explores unique organizational characteristics that are associated with Chinese family firms, such as being entrepreneurial, having concentrated power in the hands of the family business owners, and extensive family and semi-family involvement in the business. It also discusses shared features of strategic actions among Chinese family firms that include technology innovations, diversification, and internationalization, as well as the political connections that Chinese family firms often have. This book offers researchers a comprehensive overview of small family firms that are likely to be home-based microenterprises as well as large publicly-traded business groups that are frequently owned by business families.

Includes bibliographical references and index.

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Online resource; title from PDF title page (SpringerLink, viewed September 8, 2021).

Palgrave Macmillan Asian business series.

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