CHINESE FAMILY BUSINESS SUCCESSION FROM THE FAMILY PERPECTIVE

Li Qi, - (2021) CHINESE FAMILY BUSINESS SUCCESSION FROM THE FAMILY PERPECTIVE. S3 thesis, Universitas Pendidikan Indonesia.

Abstract

As a long-standing business organization, family businesses occupy an important position
in the world economy. In China, only a few family businesses can continue to the second
generation, therefore the succession has become a serious challenge for the continued growth of
family businesses. And the lack of family perspective is considered to be the key reason that
makes the succession research difficult. This research mainly explores the family's influence and
the mechanism on family business succession methods and effects, and attempts to control the
family's influence to improve the succession of family business. Based on the results of family
business succession research and family research, the family system was described from the two
dimensions of family structure and family relationship in the quantitative research. In the
exploratory research on the relationship between the family structure and the succession methods
of family businesses and the succession effect, based on the succession samples of 131 listed
family businesses in China, using public data and information, Logit probability model
estimation, regression analysis. It is confirmed that the family structure significantly affects the
succession of family businesses. At the same time, the choice of different succession methods did
not significantly affect the short-term performance of the sample companies. In the validation
research of the relationship between the family relationship and the succession effect of family
business, based on the sample of 88 Chinese family businesses' inter-generational succession,
questionnaire survey data, factor analysis and regression analysis were used. It is confirmed that,
while the family relationship directly affects the succession effect, it also mediates the succession
effect through the variable of family commitment to business. This reveals the complex
mechanism of the family relationship on succession effect in family business.
Keywords: family business succession, family structure, family relationship, succession
effect

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Item Type:	Thesis (S3)
Uncontrolled Keywords:	family business succession, family structure, family relationship, succession effect
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management L Education > L Education (General)
Divisions:	Sekolah Pasca Sarjana > Ilmu Manajemen S-3
Depositing User:	Li Qi
Date Deposited:	25 Oct 2021 03:02
Last Modified:	25 Oct 2021 03:02
URI:	http://repository.upi.edu/id/eprint/69036

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