Study On The Managing Structure And Develop Strategies Of Chinese Family Business

After the reform and opening-up China, together with the rapid development of the individual business, the family business of this country has entering its prosperous growing stage and taking more and more importance in the country business. Taking the point of the whole world, family business is also playing a very important role in both developed country such as countries in north America or Europe as in developing country such as countries in Asia or south America. As a kind of firm organization mode and management method, family firm and family administration are very common phenomena in the entire world. It is one of the stages that individual business has to experience in its development. So in china, as more individual business emerging, it is very important to study on the features of family business development.The paper following the steps listed below:In the first part, the author introduces the foreign studies of the family business in three aspects as in economics, management and sociology. Then he gives a sum up of the domestic study begin from the 90' s.In the second part, the paper provides the definition of the family firm, and gives an analysis of the main types of family firms. Based on this, the author makes an introduction of the main development course of Chinese family firm since reform and opening-up, and analyses the current situation and characteristic of the Chinese family firms. Buy the analysis of above, the author carries on an overall description and analysis to the development of Chinese family firm in the past 20 yearsThe third part is the key part. The author starts with two analyses models of the administration structure, and divides up the administration structure of family firm to find out the influence factors inside, then he analyses how the factors influences the family firm in administration structure choosing, he points out that the choosing of the administration structure in family firms results in the rational choosing of the entrepreneur.Carrying on the thinking of above, the author analyses the rationality of the existence of Chinese family firm from two angles as in theory and in reality. He analyses the obstacles which the Chinese family firms have to face in its future development. The obstacles stems from two respects. In the environment, they have to face the problems such as the immature capital market and market of professional manager. Looking from the inside, unreasonable property relations and mechanism of management prohibit the Chinese family firm from being big and stronger.The last part is part of countermeasures. Based on the analysis of the forth part, the author discusses at first the external environment condition which is needed to support the development of family firms, which involves the building-up of social credit system, capital market and market of professional manager. Those measures help the family firm to break through the family and combine with society financial capital and human resource. Then, the author describes the future development strategy choice of Chinese family firm in four aspects such as the innovation in system and institution, the innovation of management mechanism, the innovation of strategic management and corporate culture.