Research on Intergenerational Inheritance of Family Business Based on Relational Contract

DOI

10.2991/gefhr-14.2014.70How to use a DOI?

Keywords

Relational Contract, Family Business, Intergenerational Inheritance, Social Capital

Abstract

The problem of intergenerational inheritance of family business has a great influence on not only the family business itself, but also the stability of China's social and economic life. From the perspective of the relational contract, the paper analyses the positive role of the reputation, trust and social networks in the intergenerational inheritance of family business. The paper also proposes the optimization of family business governance model and the building of stable institutional framework of family business on the basis of rational utilization of enterprise internal relational contract, to promote the development of family business towards standardization.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Li-ping Lou
AU  - Zhi-min Deng
PY  - 2014/03
DA  - 2014/03
TI  - Research on Intergenerational Inheritance of Family Business Based on Relational Contract
BT  - Proceedings of the 2014 International Conference on Global Economy, Finance and Humanities Research
PB  - Atlantis Press
SP  - 251
EP  - 254
SN  - 1951-6851
UR  - https://doi.org/10.2991/gefhr-14.2014.70
DO  - 10.2991/gefhr-14.2014.70
ID  - Lou2014/03
ER  -