Succession in Chinese family enterprises: the influence of cognitive, regulatory and normative factors

Man, Thomas Wing Yan; Mustafa, Michael; Fang, Yao

Abstract

Through an institution-based perspective, we investigate succession issues of Chinese family enterprises with a focus of how China's One Child Policy impacts the process. Based on an in-depth case study of two Chinese family firms, we find that the succession process is embedded in an institutional environment constituted by a multitude of intertwining moral, socio-economic, and politico-legal factors. To be more effective in this process, we recommend an earlier cultivation of the successors' positive values and attitudes towards the family enterprises, proper alignment between their knowledge and experience, provision of mentoring to them, and strengthening their effort in reflecting upon experience.

Citation

Man, T. W. Y., Mustafa, M., & Fang, Y. (in press). Succession in Chinese family enterprises: the influence of cognitive, regulatory and normative factors. International Journal of Management Practice, 9(4), https://doi.org/10.1504/IJMP.2016.079620

• Journal Article Type: Article
• Acceptance Date: Jun 2, 2016
• Online Publication Date: Sep 23, 2016
• Deposit Date: Oct 19, 2017
• Journal: International Journal of Management Practice
• Print ISSN: 1477-9064
• Electronic ISSN: 1741-8143
• Publisher: Inderscience
• Peer Reviewed: Peer Reviewed
• Volume: 9
• Issue: 4
• DOI: https://doi.org/10.1504/IJMP.2016.079620
• Keywords: family business; China; succession; institutional theory; One-Child Policy
• Public URL: https://nottingham-repository.worktribe.com/output/809650
• Publisher URL: http://www.inderscience.com/offer.php?id=79620
• Contract Date: Oct 18, 2017