Succession and the Transfer of Social Capital in Chinese Family Businesses
Understanding Guanxi as a Resource – Cases, Examples and Firm Owners in Their Own Words
By (author) Xing Ke
Hardback (Published)
(October 2018)
ISBN: 9783847108924
6.3 x 9.33 inches
Price: $69.00
In stock
Lasting for generations is the dream of many family businesses. How do Chinese family firms deal with the challenge of succession? What factors impact their decisions?Is social capital handed over, too?
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.
- By (author) Xing Ke
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