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Research on Management Right Transmission of China’s Family Enterprise

Author: ZhuZuo
Tutor: YangJiGuo
School: Xiamen University
Course: Western Economics
Keywords: family enterprise principle-agent theory management right transmission
CLC: F276.5
Type: Master's thesis
Year: 2008
Downloads: 317
Quote: 2
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Abstract


Whether in the developed Western countries or China, family enterprise is the main form of enterprises which plays an important role in the economic and social development, especially in China. A rational analysis of the existing problems in survival and development of family enterprises, and guiding the family enterprises to break their own limitations is the important responsibility for economists and management scholars.Family enterprises are faced with several pressing issues in the development, such as property right, governance structure and management right transmission. Management right transmission, which is the major turning point in survival and development of family enterprises, is regarded as one of the most important strategic questions. Management right transmission affects all aspects of the enterprises, including employees, shareholders, suppliers, customers, public, which also profoundly affects the business performance.The framework of this paper is listed as follows: firstly, the paper simply introduces the research background, significance, method, innovation point and deficiency. In chapter II, we reviewed and commented briefly the relevant theories and models of the management right transmission of family enterprises. In chapter III, using the principle-agent theories and models in western Economics, the paper demonstrates the rationality of the typical management right transmission between generations in china’s family enterprises. In chapter IV, based on the analysis of the process of the family enterprise management right transmission, we constructed the preliminary model of the path of Chinese family enterprise management right transmission, and using the case of management right transmission in Fangtai, we prove the correctness of the transmission model raised above. Chapter V is conclusion and prospect. We give the main conclusion of the paper and put forward the foreground of management transmission of family enterprise in future study.

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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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