The Research On Family Business Governance In The RL Group

Family business has been an ancient and vital form of business organization that has existed in human society. Worldwide, more than 80% of enterprises are family businesses. After more than 20 years of development and expansion, the vast majority of Chinese private enterprises exists in the form of family business, At present, family business plays an increasingly important role in the creation of social wealth, increasing government revenue, job creation, promoting social stability and other similar worthwhile results. As a result, the study of problems relating to family business governance has a great value in promoting healthy development of family business and can also promotes the competitiveness of Chinese enterprises.The paper mainly applies theories in corporate governances, trust expansion, structure of grade, and research approaches we used in the paper are normative theoretical elaboration, empirical investigation as well as typical case analysis. We also try to tap and sort out the governance problem of family business. Moreover, through method of comparison, the paper compares foreign family business governance model with that of the Chinese model, and reveal the development tendency of Chinese family business governance. RL group corporation governance is the main subject studied in this paper, the development course of this corporation is miniature of many Chinese private enterprises development, and have typical representativeness. On the basis of the relevant theories as well as from reviews of local and foreign literatures, and according to the current situation and existing problem of RL group, the paper aims to analyse the causes of the formation of the actuality and find out the reason why governance level was sluggish when compared to development. We then choose a governance model that fits the current development of RL Group, from three widely used governance models of Chinese family business, with the objectives of achieving healthy development, and gives out perfect countermove of RL Group family business governance.This paper through corporate governance research in the RL Group, analyzes some common problems which family enterprises governance exist, and some special problems in the different types of family businesses governance, and also attempts to find one successful road for China's family businesses , and make it serve for the socialist modernization construction better.