A Literature Review on the Inheritance Model of Family Business

DOI

10.2991/assehr.k.191221.086How to use a DOI?

Keywords

family business, internal inheritance, external inheritance, influencing factors

Abstract

As a universal form of business organization, family business plays an important role in social and economic development. In the 40 years of reform and opening up, with the changes of the times and the age of the founders of a generation of family business, it is urgent to find a suitable successor for family business. This paper takes the family business inheritance mode as the research theme, through the analysis of the research on the intergenerational inheritance mode at home and abroad, finds that the intergenerational inheritance of Chinese family business can be divided into two ways: internal succession and external appointment of professional managers. On this basis, it analyzes the influencing factors of the choice of internal succession or external succession and the advantages and disadvantages of the two modes. At the same time, it puts forward the future research prospects of family business inheritance.

Copyright

© 2020, 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/).

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TY  - CONF
AU  - Kaiyan He*
AU  - Jintao Yan
PY  - 2020
DA  - 2020/01/09
TI  - A Literature Review on the Inheritance Model of Family Business
BT  - Proceedings of the 2019 3rd International Conference on Education, Economics and Management Research (ICEEMR 2019)
PB  - Atlantis Press
SP  - 360
EP  - 362
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.191221.086
DO  - 10.2991/assehr.k.191221.086
ID  - He*2020
ER  -