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Family Business in China, Volume 1

Family Business in China, Volume 1
Author: Ling Chen
Publisher: Springer Nature
Total Pages: 182
Release: 2020-11-30
Genre: Business & Economics
ISBN: 3030513955

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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.


Family Business in China, Volume 2

Family Business in China, Volume 2
Author: Ling Chen
Publisher: Springer Nature
Total Pages: 179
Release: 2021-09-04
Genre: Business & Economics
ISBN: 3030514021

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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 discusses the current status, upcoming challenges, and future prospects for family businesses in China. It explores unique organizational characteristics that are associated with Chinese family firms, such as being entrepreneurial, having concentrated power in the hands of the family business owners, and extensive family and semi-family involvement in the business. It also discusses shared features of strategic actions among Chinese family firms that include technology innovations, diversification, and internationalization, as well as the political connections that Chinese family firms often have. This book offers researchers a comprehensive overview of small family firms that are likely to be home-based microenterprises as well as large publicly traded business groups that are frequently owned by business families.


Family Business in China, Volume 2

Family Business in China, Volume 2
Author: Ling Chen
Publisher: Palgrave Macmillan
Total Pages: 0
Release: 2022-09-19
Genre: Business & Economics
ISBN: 9783030514044

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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 discusses the current status, upcoming challenges, and future prospects for family businesses in China. It explores unique organizational characteristics that are associated with Chinese family firms, such as being entrepreneurial, having concentrated power in the hands of the family business owners, and extensive family and semi-family involvement in the business. It also discusses shared features of strategic actions among Chinese family firms that include technology innovations, diversification, and internationalization, as well as the political connections that Chinese family firms often have. This book offers researchers a comprehensive overview of small family firms that are likely to be home-based microenterprises as well as large publicly traded business groups that are frequently owned by business families.


Inside Chinese Business

Inside Chinese Business
Author: Ming-Jer Chen
Publisher: Harvard Business Press
Total Pages: 264
Release: 2001
Genre: Business & Economics
ISBN: 9781591393276

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Chen (management, Chinese University of Hong Kong and Imperial College of Science, Technology, and Medicine--England) offers Western managers advice on navigating the Chinese business world. He explains the cultural and social principles underlying Chinese business organizations and their dynamics, illustrating his analyses with examples drawn from Asian and North American businesses. Communication patterns, networking, negotiation, competition, and the structure of China's transition economy are all discussed. Annotation copyrighted by Book News Inc., Portland, OR


Family Life in China

Family Life in China
Author: William R. Jankowiak
Publisher: John Wiley & Sons
Total Pages: 165
Release: 2016-11-28
Genre: Business & Economics
ISBN: 0745685587

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The family has long been viewed as both a microcosm of the state and a barometer of social change in China. It is no surprise, therefore, that the dramatic changes experienced by Chinese society over the past century have produced a wide array of new family systems. Where a widely accepted Confucian-based ideology once offered a standard framework for family life, current ideas offer no such uniformity. Ties of affection rather than duty have become prominent in determining what individuals feel they owe to their spouses, parents, children, and others. Chinese millennials, facing a world of opportunities and, at the same time, feeling a sense of heavy obligation, are reshaping patterns of courtship, marriage, and filiality in ways that were not foreseen by their parents nor by the authorities of the Chinese state. Those whose roots are in the countryside but who have left their homes to seek opportunity and adventure in the city face particular pressures as do the children and elders they have left behind. The authors explore this diversity focusing on rural vs. urban differences, regionalism, and ethnic diversity within China. Family Life in China presents new perspectives on what the current changes in this institution imply for a rapidly changing society.


Crossroads Of Family Businesses In China: Succession And Transformation

Crossroads Of Family Businesses In China: Succession And Transformation
Author: Jean S K Lee
Publisher: World Scientific
Total Pages: 375
Release: 2021-06-08
Genre: Business & Economics
ISBN: 9811229422

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Crossroads of Family Businesses in China: Succession and Transformation studies the intergenerational succession in family-owned businesses, specifically in the Chinese mainland. With the succession of family businesses over time, transformation is required as it needs to correspond to the world's development to successfully sustain the company. There is a multitude of factors that play their roles accordingly to perform a prosperous accession.Hence, this book highlights common issues such as the challenges for both succession and transformation of the company, the interest of the second generation, introducing the second generation to the business before fully passing on, family culture and morale, the distinction between wealth inheritance and business succession, the unorthodox tradition of mother-to-daughter succession and opening management to professionals. These topics are substantiated by case studies of Chinese family businesses, such as Neoglory Group, Midea, Red Collar, Fotile and even more. The book offers theories, practices and models for strategic transformations during succession.Readers will be able to enjoy insights into a critical evaluation of the intersection between succession and transformation. They will also discover how the different methods of succession utilized by real-life Chinese family-owned businesses affect the businesses' performance. This book will be their first step in constructing a thought on this topic, while indulging in an incredible learning experience.


Management Issues in China: Volume 1

Management Issues in China: Volume 1
Author: David H. Brown
Publisher: Routledge
Total Pages: 274
Release: 2018-10-26
Genre: Social Science
ISBN: 0429773838

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This book, first published in 1996, examines the problems associated with the management of change, particularly those brought about by the rapid pace of economic development in China in the ‘reform’ period since 1979. China’s managers were challenged as never before as the country integrated itself into the world economy, introduced new technology, and decentralized control over its industries. This book discusses their successes and failures in chapters by specialists in Chinese management practice.


The Cambridge Economic History of China: Volume 1, To 1800

The Cambridge Economic History of China: Volume 1, To 1800
Author: Debin Ma
Publisher: Cambridge University Press
Total Pages: 749
Release: 2022-02-24
Genre: History
ISBN: 1108554792

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China's rise as the world's second-largest economy surely is the most dramatic development in the global economy since the year 2000. But China's prominence in the global economy is hardly new. Since 500 BCE, a dynamic market economy and the establishment of an enduring imperial state fostered precocious economic growth. Yet Chinese society and government featured distinctive institutions that generated unique patterns of economic development. The six chapters of Part I of this volume trace the forms of livelihood, organization of production and exchange, the role of the state in economic development, the evolution of market institutions, and the emergence of trans-Eurasian trade from antiquity to 1000 CE. Part II, in twelve thematic chapters, spans the late imperial period from 1000 to 1800 and surveys diverse fields of economic history, including environment, demography, rural and urban development, factor markets, law, money, finance, philosophy, political economy, foreign trade, human capital, and living standards.


A Village with My Name

A Village with My Name
Author: Scott Tong
Publisher: University of Chicago Press
Total Pages: 262
Release: 2017-11-17
Genre: Biography & Autobiography
ISBN: 022633905X

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An “immensely readable” journey through modern Chinese history told through the experiences of the author’s extended family (Christian Science Monitor). When journalist Scott Tong moved to Shanghai, his assignment was to start the first full-time China bureau for “Marketplace,” the daily business and economics program on public radio stations across the US. But for Tong the move became much more: an opportunity to reconnect with members of his extended family who’d remained there after his parents fled the communists six decades prior. Uncovering their stories gave him a new way to understand modern China’s defining moments and its long, interrupted quest to go global. A Village with My Name offers a unique perspective on China’s transitions through the eyes of regular people who witnessed such epochal events as the toppling of the Qing monarchy, Japan’s occupation during WWII, exile of political prisoners to forced labor camps, mass death and famine during the Great Leap Forward, market reforms under Deng Xiaoping, and the dawn of the One Child Policy. Tong focuses on five members of his family, who each offer a specific window on a changing country: a rare American-educated girl born in the closing days of the Qing Dynasty, a pioneer exchange student, a toddler abandoned in wartime who later rides the wave of China’s global export boom, a young professional climbing the ladder at a multinational company, and an orphan (the author’s daughter) adopted in the middle of a baby-selling scandal fueled by foreign money. Through their stories, Tong shows us China anew, visiting former prison labor camps on the Tibetan plateau and rural outposts along the Yangtze, exploring the Shanghai of the 1930s, and touring factories across the mainland—providing a compelling and deeply personal take on how China became what it is today. “Vivid and readable . . . The book’s focus on ordinary people makes it refreshingly accessible.” —Financial Times “Tong tells his story with humor, a little snark, [and] lots of love . . . Highly recommended, especially for those interested in Chinese history and family journeys.” —Library Journal (starred review)


Tradition and Transformation in a Chinese Family Business

Tradition and Transformation in a Chinese Family Business
Author: Heung-Wah Wong
Publisher: Routledge
Total Pages: 237
Release: 2019-12-05
Genre: Business & Economics
ISBN: 1317427637

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Family businesses have been an important part of the economy in Hong Kong, Taiwan, Singapore, and in the Chinese diaspora, and, since the reforms, in mainland China itself. Some people have argued that the success of Chinese family businesses occurs because of the special characteristics and approach of such businesses. This book examines the nature of Chinese family business and the key issues involved by exploring in detail the case of a leading Hong Kong jewellery company which was established in the early 1960s and which has grown to become one of the biggest jewellery manufacturers, exporters, and retailers in post-war Hong Kong. The book considers the motivations of Chinese people to set up their own businesses, outlining the strategies adopted, including the strategies for raising capital, and the qualities of successful Chinese entrepreneurs. It discusses the management of the company, including relations between family members, profit sharing and succession planning, and assesses how conflict and crises are coped with and overcome. It charts the evolution of the company, looking at how it has been transformed into a listed corporation. The book concludes by arguing for the importance of studying Chinese family businesses culturally.