Author(s)

Cen Ziyan ^1,2

Affiliation(s)

¹ The Chinese University of Hong Kong, Hong Kong, 999077, China
² Hangzhou Shanke Intelligent Technology Co., Ltd., Hangzhou, Zhejiang, 310051, China

Corresponding Author

Cen Ziyan

ABSTRACT

From the perspective of property rights heterogeneity, multiple case qualitative analysis was used to explore the impact of female successors' management strategies on the market competitiveness of family businesses. The study found that female successors' management strategies exhibit significant property rights heterogeneity, with their decision-making patterns shifting from centralized to decentralized property rights structures, undergoing a transformation from "authority-led" to "consensus-building": highly concentrated equity enterprises tend to adopt vertical integration strategies; decentralized equity scenarios rely on cross-departmental collaboration; trust-held or listed enterprises focus on institutional integration; and mixed property rights structures maintain flexibility through ambiguous governance. Additionally, property rights types and transmission methods constitute key moderating factors. The "property rights-gender-competitiveness" association mechanism is structured, providing strategy matching insights for family business succession based on property rights heterogeneity.

KEYWORDS

Management Strategies, Family Businesses, Market Competition, Property Rights Heterogeneity

CITE THIS PAPER

Cen Ziyan, The Impact of Female Successor Management Strategies on the Family Businesses Competitiveness: From the Perspective of Property Rights Heterogeneity. Financial Engineering and Risk Management (2025) Vol. 8: 123-128. DOI: http://dx.doi.org/10.23977/ferm.2025.080213.

REFERENCES

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[3] Kubíček A, Machek O. Intrafamily conflicts in family businesses: A systematic review of the literature and agenda for future research[J]. Family Business Review, 2020, 33(2): 194-227.
[4] Jaskiewicz P, Heinrichs K, Rau S B, et al. To be or not to be: How family firms manage family and commercial logics in succession[J]. Entrepreneurship Theory and Practice, 2016, 40(4): 781-813.
[5] Jaskiewicz P, Dyer W G. Addressing the elephant in the room: Disentangling family heterogeneity to advance family business research[J]. Family Business Review, 2017, 30(2): 111-118.

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