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Research on Problems of Family Enterprise Governance

Author: JinJin
Tutor: JiaHongYu
School: Dalian Maritime University
Course: Business Administration
Keywords: Family enterprise Governance mode Culture of family enterprise
CLC: F276.5
Type: Master's thesis
Year: 2011
Downloads: 145
Quote: 0
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Abstract


Family enterprise is the enterprise which earliest appeared in the development of human society, and also it is widespread today and has complex internal relations. Since reform and open, Chinese private enterprise develops fast and now 99% of enterprises are medium-sized and small enterprises during which 80% are family enterprises or pan-family enterprises. The great achievements of our country’s economy development profit from the private enterprises’development largely and during which the family enterprises contributes largely to the development and progress of our national economy in the aspects of promoting economy and social development and offering jobs. With is constant development, its management mode arouses people’s close attention more and more. To some extent, the study of family enterprise management can offer lessons and experiences for the development of other enterprise.This article takes HD Company as example and survey and analysis its stock right controlling, capital structure, power structure, governance mode, human resource management and enterprise culture on the basis of anglicizing the concept, feature and classify of family enterprise and its governance mode and using life-cycle approach, stakeholder theory, agency theory and system standard theory for reference. According to the survey result, there are problems such as behindhand selecting way of operator, increasing abuse of traditional patriarchy, the serious cost disadvantage of "two authority synergetic" governance mode and the imperfect human resource management. It can be said that only establishing eclectic enterprise governance mode, guiding the building of institution with the concept of people first, perfecting the human resource management system, optimizing the enterprise culture and perfecting incentive and restraint mechanism can the family enterprise develop healthily and long.This article aims at the present operation situation of our country’s family enterprise, analyzes its governance mode, operation situation and existing problems and points out its perfecting ways by the comprehensively using of relevant theories and study ways such as management and economics on the basis of investigation which can master first-hand information.

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CLC: > Economic > Economic planning and management > Enterprise economy > A variety of enterprise and economic > The private sector
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