Inspiration Brought By "Huizhou Merchants" On China's Modern Family Business Inheritance

DOI

10.2991/icesame-16.2016.121How to use a DOI?

Keywords

Huizhou Merchants; Family Business; Inheritance

Abstract

"Huizhou Merchants" refers to the general term for the merchants or the merchants group whose hometown is in old Huizhou Prefecture. It occupies a very important part of the Chinese business group culture and its long history and wealthy experience can provide us with practical reference. There are more than three million private companies in China, among which family companies cover over 80%. Many family businesses are faced with the inheritance problems. Firstly, this paper makes a detailed analysis on the environment and the status quo of modern family enterprises to find the problems and organize them in order. Secondly, this article summarizes the characteristics of "Huizhou Merchants" operation and connects them with the mentioned problems correspondingly. At last, the paper finds solutions and business philosophy for modern family business inheritance.

Copyright

© 2016, 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  - Qiang Yang
AU  - Yachen Shen
PY  - 2016/03
DA  - 2016/03
TI  - Inspiration Brought By "Huizhou Merchants" On China's Modern Family Business Inheritance
BT  - Proceedings of the 2016 International Conference on Education, Sports, Arts and Management Engineering
PB  - Atlantis Press
SP  - 573
EP  - 576
SN  - 2352-5398
UR  - https://doi.org/10.2991/icesame-16.2016.121
DO  - 10.2991/icesame-16.2016.121
ID  - Yang2016/03
ER  -