The Impact Of The Departure Of The Founder On The Performance Of Private Enterprises

It has been more than 40 years since the reform and opening up,and my country’s private economy has developed rapidly and has become an indispensable part of my country’s economic development.In order to ensure the sustainable development of the economy,my country has issued a series of related policies to vigorously and comprehensively support and guarantee the development of the private economy,creating a healthy development environment for the private economy.With the increasing importance of private economy in my country’s economic development,private enterprises have also become the key research objects of scholars at home and abroad.In the research of domestic and foreign scholars,many scientific issues related to private enterprises have been extended,and the focus of this article is to focus on the impact of the departure of the founder on the performance of private enterprises.In recent years,the departure of the founders of many well-known private enterprises is not uncommon.There are three reasons for the founder’s departure.First,since my country’s reform and opening up,many private enterprise founders have reached the retirement age;second,the social and economic environment is changing with each passing day,and some founders cannot keep up with the pace of development of the times.Inability to fully adapt to the development of the company,companies therefore need to replace senior staff;third,with the improvement and development of my country’s capital market,corporate mergers and acquisitions and the seizure of power in companies occur from time to time,and the above conditions will cause the founder to leave.The occurrence of the incident.With the continuous development of society and economy,it can be concluded that in the near future,more private enterprises will experience the departure of their founders and affect their production and operation.For private enterprises,corporate performance is an evaluation.An important indicator of the development status of an enterprise.Therefore,it is necessary to pay attention to and study the impact of the founder’s departure on the performance of private enterprises.In order to study the impact of the founder’s departure on the performance of private enterprises,the author read a lot of related literature before conducting research and demonstration.By combing the literature read,I have further improved the relationship between the founder and corporate performance.Knowledge and understanding.The paper combines principal-agent theory,transaction cost theory,human capital theory,and information asymmetry theory to carry out theoretical analysis and shows that the participation of founders in the management of private enterprises is beneficial to corporate performance.On the contrary,the departure of the founders will be detrimental to private enterprises.influences.This article selects Beinmate Co.,Ltd.,which has experienced the incident of the founder’s departure,as a case,uses event research methods and other methods to conduct case analysis,and finally summarizes the conclusions based on the results of the research and analysis,and proposes relevant feasibility opinions.According to the final research of this article,it is found that the departure behavior of the founder has a negative impact on the performance of private enterprises,and will reduce the performance of private enterprises;It will not immediately have a significant adverse impact on corporate performance,which has a certain time lag.This article chooses to conduct research and analysis from the perspective of the influence of the founder’s departure on the performance of private enterprises.On the one hand,it extends the existing research on factors affecting corporate performance to a certain extent,and has certain theoretical significance;on the other hand,through the research in this article,it can provide relief for companies that may face the departure of the founder.The countermeasures that will adversely affect the enterprise have certain practical significance.