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

Thomas Wing Yan Man, Michael Mustafa, Yao Fang

    Research output: Journal PublicationArticlepeer-review

    12 Citations (Scopus)

    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.
    Original languageEnglish
    Pages (from-to)412-432
    JournalInternational Journal of Management Practice
    Volume9
    Issue number4
    Early online date23 Sept 2016
    DOIs
    Publication statusPublished Online - 23 Sept 2016

    Keywords

    • China
    • One-Child Policy
    • family business
    • institutional theory
    • succession

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