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A Study related to the management problems of family-owned enterprises in China

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DOI: 10.23977/wepm2021.029

Author(s)

Xuyang Guan, Hongyu Song, Honglin Wang, Junbo Zhang, Mingke Zhang

Corresponding Author

Xuyang Guan

ABSTRACT

With the rapid development of social economy, family-owned enterprises play a key role, but its management methods still have many flaws. For example, the continuation of the first generation and the second generation cannot be well connected, and the management mechanism is rigid and restricts talents. With development, each department of the enterprise still lacks a communication mechanism for its own affairs, lacks a good corporate culture, and a series of problems such as an imperfect financial system. This article summarizes the concept and status quo of family business in China based on the research and investigation of the management mode of Chinese family business, and gives solutions to management loopholes, so as to help family business to develop faster and in a highly competitive market. Get a firm foothold in the middle. Improving the defects of family business so that the economy of family business can be better continued, thus driving the rapid development of China's economy.

KEYWORDS

Family style, business management, system

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