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Reform and opening up to promote the diversification of our ownership structure , the family business in China has made great progress , but there are also many family businesses grow slowly and premature ; family business has a survival trait , but as the business continues to development and growth , it has its own unique advantages , and there are their own worst instincts . This thesis focuses departure from the corporate life cycle theory , combined with the company 's property rights theory , theory of governance structure , management system theory , analysis of our family business life cycle stage of development obstacles, traps , and further analysis of the formation of the obstacles and traps . Finally, the comparison of the development of the family business at home and abroad , combined with the development of China 's family business itself, the actual situation and the development environment , the sustainable development of China 's family business must be a system of property rights , management systems , governance structure , the quality of entrepreneurs , corporate culture and government support to reform and countermeasures .
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