'Meritocracy' Or 'Nepotism'

In the dual environment of Chinese traditional culture and market economy,family businesses are affected by both family culture and corporate culture.Whether the appointment of senior executives is "Meritocracy" or "Nepotism",their impact on corporate development and what kind of economy Consequences are an interesting and very important issue.Similar research about family members or professional managers as decision makers in family businesses mostly considers the static perspective.In the dynamic environment when family company executives change,the choice of "Meritocracy" or "Nepotism" will affect the company.The research on what kind of influence the development of has is of great practical significance.The first part of this article is an introduction,which introduces the research background,practical significance,research content,research methods,and literature review.The second part is a theoretical analysis model,which builds a two-dimensional model of the changes in the executives of the family business.Based on the classification of the source of the executives of the family business and the changes,the two-dimensional framework model of the changes in the executives is constructed.The model is divided into four quadrants,and each quadrant corresponds to a type,which is mandatory change of relatives,mandatory change of professional managers,non-mandatory change of relatives and non-mandatory changes of professional managers,and is described by vivid flowerplants.Falling flower type,rose type,bamboo stone type and red apricot type.The third part is the case introduction.Using the multiple case study method,four companies,Robam,Kung Fu,Midea and Gome,are selected as cases.First,the executive change events of the four cases are sorted out.For comparison,it analyzes the problems exposed in the executive change event,and the crisis existing between business owners and professional managers.The fourth part is a case analysis,which compares and analyzes what kind of economic consequences the executives have after the change in each case,and uses the event analysis method to analyze how the market reacts to the incident,and then concludes that the market's mandatory change to relatives in the short term There will be fluctuations,non-mandatory changes of relatives will have a more negative negative impact on the company;mandatory changes of professional managers will have a gentler impact on the company,and non-mandatory changes of professional managers will have a more severe impact on the company.Therefore,companies should first consider the form of meritocracy mandatory change.The fifth part is to summarize the corresponding countermeasures to the possible negative impacts in the aforementioned research.It is hoped that the countermeasures can reduce the short-term negative effects caused by changes in relatives' executives and increase the confidence of professional managers to better serve the company.To maximize corporate benefits.