Trust Governance Model of Family Enterprises Based on Corporate Life-Cycle Theory
From the perspective of family corporate lifecycle, this paper explores family enterprise cost model and game model of the trust governance in different enterprise life stages. Due to the traditional Chinese cultural values and reality constraints, Chinese family enterprises exert greater emphasis on trust on the family level than on the social level. However, over-emphasis on trust on the family level actually hinders the sustainable development of Chinese family enterprises. Confronted with fierce market competition, they must take new perspectives to construct new trust mechanism models and to strive for trust between family enterprises and professional executives. They are to ensure long-term competitiveness and gain win-win results between shareholders and employees.
Lifecycle Family Enterprise Trust Model Trust Cost Trust Game
LI Yaxiong XU Yan
Zhejiang University City College, Hangzhou, China, 310015
国际会议
2010 International Conference on the Growth of Firms and Management Innovation(2010年企业成长与管理创新国际研讨会)
石家庄
英文
517-524
2010-10-15（万方平台首次上网日期，不代表论文的发表时间）