The Separation of Ownership and Management in Family Business--Path and Advantage

摘要：

The separation of ownership and management (ISO&M) within family means the split of two roles: family manager and family shareholder. Previous studies about Chinese family business (CFB) claimed that the ISO&M can not happen in CFB, our case study about Li & Fung finds: ISO&M happened twice in Fung family; although the family managers had taken over family firm in final, the ISO&M lasted for 47 years. The case of Li & Fung tells us: the path of ISO&M can be applied to CFB; ISO&M can create advantage for family business.

关键词： Family Business Separation of Ownership and Management

作者: LI Xinchun Stephen Hongbin TAN YANG Xueru

作者单位: School of Business, Sun Yat-Sen University, P.R.China, 510275 Research Center for Chinese Family Firm, Sun Yat-Sen University, P.R.China, 510275

会议类型: 国际会议

会议名称: The 5th International Sympsium for Corporate Governance(第五届公司治理国际研讨会)

会议地点: 天津

会议语种:英文

页码: 1448-1454

在线出版日期: 2009-09-01（万方平台首次上网日期，不代表论文的发表时间）