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Erschienen in: Asia Pacific Journal of Management 1/2009

01.03.2009

Adoption of professional management in Chinese family business: A multilevel analysis of impetuses and impediments

verfasst von: Jianjun Zhang, Hao Ma

Erschienen in: Asia Pacific Journal of Management | Ausgabe 1/2009

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Abstract

Building upon the market, institutional, and cultural perspectives, this paper identifies the major impetuses and impediments that affect the professionalization of Chinese family business at the environment, firm, and owner levels. Our integrative framework projects that whether a family business owner will adopt professional managers is largely determined by the relative strength of impetus factors and impediment factors. We then discuss the possible governance choices under different configuration of impetuses and impediments. This theoretical framework is expected to help set the momentum for further conceptual exploration and empirical study in this area.

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Fußnoten
1
Since this paper discusses both institutional and cultural factors, we thus limit our definition of institutions to formal constraints, and leave those informal constraints such as conventions, norms and beliefs to culture.
 
2
We thank an anonymous reviewer for strongly encouraging and challenging us to expand the discussion on the topic presented in this section.
 
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Metadaten
Titel
Adoption of professional management in Chinese family business: A multilevel analysis of impetuses and impediments
verfasst von
Jianjun Zhang
Hao Ma
Publikationsdatum
01.03.2009
Verlag
Springer US
Erschienen in
Asia Pacific Journal of Management / Ausgabe 1/2009
Print ISSN: 0217-4561
Elektronische ISSN: 1572-9958
DOI
https://doi.org/10.1007/s10490-008-9099-y

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