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The succession decision in Chinese–Australian family businesses : an exploratory study
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posted on 2013-01-01, 00:00 authored by Jing Ye, Melissa ParrisMelissa Parris, Dianne WaddellThis article explores the factors used to make succession choices as ethnic Chinese family business founders integrate into their host country, Australia. An empirical study of six Chinese–Australian family businesses was used to analyse what factors influence the succession decision-making process. Results show three broad factors influenced the founders’ decisions, including the aspirations and visions of the business founders, cultural and individual values shaped in the integration process, and the options that are available for succession. Findings challenge the anticipated option of intergenerational succession, with its emphasis on family-oriented collectivistic values as expectations. It provides future support for considering how the cultural value orientation (collectivistic, individualistic, or transitional) has impacted on the founder’s succession choices. Further research is required to understand how the flexible, changing, situational founder’s succession intentions are manifested among family businesses in cultural transition.
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Journal
Small enterprise researchVolume
20Pagination
110 - 125Publisher
eContent ManagementLocation
Waikato, New ZealandISSN
1321-5906eISSN
1175-0979Language
engPublication classification
C1.1 Refereed article in a scholarly journalCopyright notice
2013, eContent ManagementUsage metrics
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