Chinese Family Business and the Equal Inheritance System

Chinese Family Business and the Equal Inheritance System PDF Author: Victor Zheng
Publisher: Routledge
ISBN: 1135172145
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
This book disputes the traditional argument that the equal inheritance system hinders the growth of Chinese family business, approaching this not only in terms of economic capital, but also in terms of human capital such as education and leadership, and social networks. Zheng argues that most of the family business patriarchs only focus on the passing on economic capital, but give little attention to human capital and social capital when the come to the stage to transfer control to the next level. It further elaborates that the equal inheritance system itself isn’t the destructive force that weakens family business competitiveness, but can assist economic development by generating dynamism and capital. Based on extensive primary research, the work discusses how equal division encourages sibling comparison, analysing how such comparisons initially generate stress and anxiety but will ultimately galvanize competition, benefiting the business. The author also assesses how family division can offer initial economic human and social capitals that can motivate siblings to start their own businesses and be free from the subjugation sometimes associated with a family firm. Through the evaluation of these issues the book argues that the equal inheritance system can be regarded as the origin of the self-employment mentality, which not only fosters the growth of Chinese family business by plays crucial role in promoting economic development. Providing a valuable contribution to the field, this work will be of great interest to all scholars of Chinese and Asian business.

Chinese Family Business and the Equal Inheritance System

Chinese Family Business and the Equal Inheritance System PDF Author: Victor Zheng
Publisher: Routledge
ISBN: 9780203861417
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
This book disputes the traditional argument that the equal inheritance system hinders the growth of Chinese family business, approaching this not only in terms of economic capital, but also in terms of human capital such as education and leadership, and social networks. Zheng argues that most of the family business patriarchs only focus on the passing on economic capital, but give little attention to human capital and social capital when the come to the stage to transfer control to the next level. It further elaborates that the equal inheritance system itself isn’t the destructive force that weakens family business competitiveness, but can assist economic development by generating dynamism and capital. Based on extensive primary research, the work discusses how equal division encourages sibling comparison, analysing how such comparisons initially generate stress and anxiety but will ultimately galvanize competition, benefiting the business. The author also assesses how family division can offer initial economic human and social capitals that can motivate siblings to start their own businesses and be free from the subjugation sometimes associated with a family firm. Through the evaluation of these issues the book argues that the equal inheritance system can be regarded as the origin of the self-employment mentality, which not only fosters the growth of Chinese family business by plays crucial role in promoting economic development. Providing a valuable contribution to the field, this work will be of great interest to all scholars of Chinese and Asian business.

Succession and the Transfer of Social Capital in Chinese Family Businesses

Succession and the Transfer of Social Capital in Chinese Family Businesses PDF Author: Xing Ke
Publisher: V&R unipress GmbH
ISBN: 3847108921
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
This is the first systematic study of the succession process of Chinese family businesses which reveals what is truly happening during the time of hand-over. In explaining the features of the Chinese way of succession, special attention is paid to the transfer of social capital and guanxi, among other cultural and socioeconomic contexts, which could impact the behaviours and decisions of the family business stakeholders. Carefully selected 63 cases of family firms and the authentic words and experiences of the founders and their second generation are of high relevance in helping the readers to understand Chinese family businesses and their successions as well as to learn from their successes or failures.

The Routledge Companion to Asian Family Business

The Routledge Companion to Asian Family Business PDF Author: Ho-Don Yan
Publisher: Routledge
ISBN: 1000374645
Category : Business & Economics
Languages : en
Pages : 490

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Book Description
This companion provides broad and in-depth insights into family business in Asia and how Asian family firms navigate in the digital economy. The first part of the book looks at key concepts of family business while the second part presents Asian family firms’ cases from Japan, South Korea, China, Taiwan, Hong Kong, Thailand, Malaysia and other Asian economies. This comprehensive reference will help readers understand how family firms in Asia compete and survive in the world market especially in the digital age and why and how Asian economies can emerge as one of the most dynamic regions in the world.

Family Business in China, Volume 1

Family Business in China, Volume 1 PDF Author: Ling Chen
Publisher: Springer Nature
ISBN: 3030513955
Category : Business & Economics
Languages : en
Pages : 185

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Book Description
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 explores the social foundations and historical legacies of families, business families, and family businesses in China. It begins with an overview of a household, family, and clan in ancient China before an examination of the economic, social, and cultural functions that the family system served in Ancient China as well as the four unique features that distinguish the family system in ancient China from those in western societies. It later discusses the evolution of the family system and the rise of family business before the establishment of the People’s Republic of China in 1949. Finally, it evaluates the family system before and after the “Open-up and Reform” in 1978. This interdisciplinary work, incorporating sociological, anthropological, and institutional contexts pertaining to China, offers researchers the first advanced perspective of the development of family firms in China.

Handbook of Research on Family Business

Handbook of Research on Family Business PDF Author: Panikkos Poutziouris
Publisher: Edward Elgar Publishing
ISBN: 1781009384
Category : Business & Economics
Languages : en
Pages : 801

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Book Description
'This is a very business-like book in its approach. It has an impressive global reach in its authorship, focal areas and use of evidence; it hits all the major practical challenges of family firms in a spirit that is fresh and current; and it deals with the cutting-edge themes and issues that are uppermost in the minds of owners, executives, advisors and researchers in the field.' – Nigel Nicholson, London Business School, author, Managing the Human Animal, Family Wars and The 'I' of Leadership Acclaim for the first edition: 'The authors have taken a lot of pain in putting this handbook together. As the name indicates, this is an excellent handbook for researchers.' – Global Business Review 'The Handbook of Research on Family Business has collected and synthesized a broad variety of topics by notable researchers who share a common dedication to family business research. This Handbook provides a comprehensive treatment that advances the frontiers of knowledge in family business, provoking valuable thoughts and discussion. The Handbook will serve as both an authoritative and comprehensive reference work for researchers investigating family enterprises.' – A. Bakr Ibrahim, Concordia University, Montreal, Canada 'Although family business research is a young discipline it is both necessary and important. For the wellbeing and future development of our society the survival of prosperous and passionate family business entrepreneurs is indispensable. In order to help the families in business to better understand how to succeed with their enterprises we need qualified and updated research. This book is the answer!' – Hans-Jacob Bonnier, Bonnier Business Press Group, Sweden and 6th Generation Chairman of the Family Business Network – International 'This Handbook is a unique compilation of the most important and the best recent family business research. The field has grown so rapidly that this effort will be a mark for the research to follow. The Handbook of Research on Family Business will be the reference for scholars in family business for many years to come. It will also stimulate new ideas in research.' – John L. Ward, IMD, Switzerland and Northwestern University, US During the previous decade, the multi-disciplinary field of family business has advanced significantly in terms of advances in theory, development of sophisticated empirical instruments, systematic measurement of family business activity, use of alternative research methodologies and deployment of robust tools of analysis. This second edition of the Handbook of Research on Family Business presents important research and conceptual developments across a broad range of topics. The contributors – notable researchers in the field – explore the frontiers of knowledge in family business entrepreneurship and stimulate critical thinking, enriching the repository of theoretical frameworks and methodologies. The Handbook takes a systematic and rigorous approach by providing in-depth insights into the dynamics of family business, its context and the significant role of stakeholders. Ultimately, this scholarly compendium of extant family business papers is an invaluable resource for researchers, educators, family business consultants, family business owner-managers and students.

Chinese Migration and Economic Relations with Europe

Chinese Migration and Economic Relations with Europe PDF Author: Marco Sanfilippo
Publisher: Routledge
ISBN: 1317592409
Category : Social Science
Languages : en
Pages : 204

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Book Description
This book explores how far existing networks of overseas Chinese and new flows of migrants act as drivers of economic relations between China and the host countries. It considers migration, trade, the flow of capital, and foreign direct investment, includes both skilled and unskilled migrants, and outlines the complex different waves of migration flows. It includes detailed case studies, based on extensive original research, on the position in a range of European countries, and concludes with policy-oriented analysis and with an overall assessment of how far the Chinese diaspora matters in stimulating increased bilateral economic activity and stronger bilateral economic relationships.

Politics and Markets in Rural China

Politics and Markets in Rural China PDF Author: Björn Alpermann
Publisher: Routledge
ISBN: 1136710302
Category : Business & Economics
Languages : en
Pages : 254

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Book Description
Thirty years have passed since the beginning of the reform era in China which saw important changes in agriculture and rural organizations, but it is clear that certain entrenched legacies from pre-reform China still linger on even after WTO accession, most importantly the key role played by state actors and politics in the development of markets in rural China. Although increasingly diversified markets have emerged for major agricultural inputs and products, their development cannot be understood without taking this role into account. Against this backdrop, the contributors to this book offer a fresh account of rural politics and markets, consciously linking these two realms and highlighting their interconnectedness. The book is organized in three parts addressing respectively markets for agricultural inputs and outputs as well as current policies in rural development. The perspectives adopted link macro- and micro-level analysis in each chapter and thus contribute substantially to our understanding of existing markets. As an original account of rural politics and markets in China this book will appeal to students and scholars of Chinese politics, economics, development studies and political economy.

Gender, Modernity and Male Migrant Workers in China

Gender, Modernity and Male Migrant Workers in China PDF Author: Xiaodong Lin
Publisher: Routledge
ISBN: 1135069743
Category : Social Science
Languages : en
Pages : 164

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Book Description
Rural-urban migration within China has transformed and reshaped rural people’s lives during the past few decades, and has been one of the most visible phenomena of the economic reforms enacted since the late 1970s. Whilst Feminist scholars have addressed rural women’s experience of struggle and empowerment in urban China, in contrast, research on rural men’s experience of migration is a neglected area of study. In response, this book seeks to address the absence of male migrant workers as a gendered category within the current literature on rural-urban migration. Examining Chinese male migrant workers’ identity formation, this book explores their experience of rural-urban migration and their status as an emerging sector of a dislocated urban working class. It seeks to understand issues of gender and class through the rural migrant men’s narratives within the context of China’s modernization, and provides an in-depth analysis of how these men make sense of their new lives in the rapidly modernizing, post-Mao China with its emphasis on progress and development. Further, this book uses the men’s own narratives to challenge the elite assumption that rural men’s low status is a result of their failure to adopt a modern urban identity and lifestyle. Drawing on interviews with 28 male rural migrants, Xiaodong Lin unpacks the gender politics of Chinese men and masculinities, and in turn contributes to a greater understanding of global masculinities in an international context. This book will be of great interest to students and scholars working in the fields of Chinese culture and society, gender studies, migration studies, sociology and social anthropology. Shortlisted for this year's BSA Philip Abrams Memorial Prize.

Popular Media, Social Emotion and Public Discourse in Contemporary China

Popular Media, Social Emotion and Public Discourse in Contemporary China PDF Author: Shuyu Kong
Publisher: Routledge
ISBN: 131796313X
Category : Social Science
Languages : en
Pages : 169

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Book Description
Since the early 1990s the media and cultural fields in China have become increasingly commercialized, resulting in a massive boom in the cultural and entertainment industries. This evolution has also brought about fundamental changes in media behaviour and communication, and the enormous growth of entertainment culture and the extensive penetration of new media into the everyday lives of Chinese people. Against the backdrop of the rapid development of China’s media industry and the huge growth in social media, this book explores the emotional content and public discourse of popular media in contemporary China. It examines the production and consumption of blockbuster films, television dramas, entertainment television shows, and their corresponding online audience responses, and describes the affective articulations generated by cultural and media texts, audiences and social contexts. Crucially, this book focuses on the agency of audiences in consuming these media products, and the affective communications taking place in this process in order to address how and why popular culture and entertainment programs exert so much power over mass audiences in China. Indeed, Shuyu Kong shows how Chinese people have sought to make sense of the dramatic historical changes of the past three decades through their engagement with popular media, and how this process has created a cultural public sphere where social communication and public discourse can be launched and debated in aesthetic and emotional terms. Based on case studies that range from television drama to blockbuster films, and reality television programmes to social media sites, this book will be of great interest to students and scholars of Chinese culture and society, media and communication studies, film studies and television studies.