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Hui, Kwan-wah Hugo, and 許坤華. "A case study on a Chinese family business." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1994. http://hub.hku.hk/bib/B42574250.
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蘇長貴 and Cheung-kwai Peter So. "Investing in state-owned enterprises in the PRC: a case study approach." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1994. http://hub.hku.hk/bib/B31266198.
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鄭宏泰 and Hongtai Zheng. "The transfer of ownership and leadership: a study of Chinese family business and inheritance." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2002. http://hub.hku.hk/bib/B31245109.
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Liu, Shuang. "Communication and organizational culture : a case study of two state-owned enterprises in China." HKBU Institutional Repository, 1999. http://repository.hkbu.edu.hk/etd_ra/132.
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Xu, Jian, and 許儉. "Managerial communication within a Chinese state-owned enterprise in a period of transition." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1998. http://hub.hku.hk/bib/B31220162.
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Xu, Tie. "A configuration framework of manufacturing strategy paradigm in state owned enterprises within China's petrochemical industry : building context-embedded configurations for the paradigm of strategic manufacturing management from exploratory case studies." Thesis, Aston University, 2004. http://publications.aston.ac.uk/10774/.
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This thesis studies the successful experiences of developing manufacturing strategy from five high-performing large-scale SOEs within China’s petrochemical industry. China’s petrochemical industry constitutes a basic heavy industrial sector, which has always been a strategic focus for reform and development by the Chinese government. Using a confirmation approach, the study has focused on exploring and conceptualising the empirical paradigm of manufacturing strategy development practiced by management. That is examining the ‘empirical specifics’ and surfacing the ‘managerial perceptions’ of content configuration, context of consideration, and process organization for developing a manufacturing strategy during the practice. The research investigation adopts a qualitative exploratory case study methodology with a semi-structural front-end research design. Data collection follows a longitudinal and multiple-case design and triangulates case evidence from sources including qualitative interviews, direct observation, and a search of documentations and archival records. Data analysis follows an investigative progression from a within-case preliminary interpretation of facts to a cross-case search for patterns through theoretical comparison and analytical generalization. The underlying conceptions in both the literature of manufacturing strategy and related studies in business strategy were used to develop theoretical framework and analytical templates applied during data collection and analysis.
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Sievert, Sheree L. "Preserving bodies, preserving buildings : funeral homes in east-central Indiana." Virtual Press, 1999. http://liblink.bsu.edu/uhtbin/catkey/1133728.
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Traditionally, funeral homes have been family-owned small businesses which pride themselves on their personal, caring service. Many are located in historic houses worthy of preservation. In the past few decades, however, many family-owned funeral homes have been bought out by large, national corporations in search of big profits. The future of oldhouse funeral homes is uncertain. An inventory of funeral homes was conducted in a ninecounty area of east-central Indiana, including Blackford, Delaware, Grant, Hancock, Henry, Jay, Madison, Randolph, and Wayne Counties. Findings show that a majority (59%) of the funeral homes in the nine-county area of east-central Indiana inventoried are located in former residences built before 1950, with varying degree of modification. While some have had minimal or moderate alterations, a large percentage (54%) of these have been extensively altered over the years. Case studies of four pre-1950 funeral homes in the inventory area revealed that alterations, many of which reflect the needs of the funeral business, have affected not only their integrity but also their ratings in the Indiana Historic Sites and Structures Inventory. Recommendations include greater communication between the funeral industry and preservationists, and the establishment of guidelines for sensitive additions that are addressed specifically to the needs of the funeral industry.Department of Architecture
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Klee, Robynne. "The influence of family business resources on transgenerational success: a family business case study." Thesis, Nelson Mandela Metropolitan University, 2014. http://hdl.handle.net/10948/11124.
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Family businesses are major contributors to the economies of most countries and are known to be one of the best performing, most prevalent and resilient forms of business throughout the world. Despite their importance and based on the vast amount of research done in the field of family businesses, this form of business appears to be laden with challenges and is short-lived. Amongst others, one of the most fundamental challenges and contributors to the short-lived nature, and thus high failure rate of family businesses is poor succession planning. In order to address this challenge, the Successful Transgenerational Entrepreneurship Practices (STEP) research framework was developed to ascertain the factors that contribute to entrepreneurial performance and the effective transgenerational potential and success of family businesses globally. Transgenerational potential, entrepreneurial performance, the external mediating factors influencing family businesses, Entrepreneurial Orientation (EO) and the Resource Based View (RBV) of familiness resource pools are the components that make up the STEP research framework. By adopting the STEP research framework, the primary objective of this study is to establish how a transgenerational family business creates new economic activity over time by using and transferring familiness resource pools from one generation to the next. Due to the primary focus of the study being to research familiness resource pools and how they generate transgenerational potential for family businesses, this component of the STEP research framework is investigated in detail. The literature review therefore highlights the eight dimensions of familiness resource pools, namely: leadership, networks, capital, decision-making, culture, relationships, governance and knowledge, and are the main focus of this study. An interpretivism research paradigm is selected for this study. Interpretivism paradigms are associated with qualitative research methodologies. Owing to the fact that much still remains to be discovered in terms of familiness and familiness resource pools, a descriptive, single-case study is the type of research method undertaken. The sample is identified based on non-probability purposive sampling as per the strict guidelines of the STEP project. The sample size in this study consisted of one family business operating in the Eastern Cape, South Africa. The STEP interview schedule, which consists of semi-structured questions, is the research instrument used to collect the necessary data from five participants involved in the family business (a prominent motorcar dealership). Once all the data is collected, a combination of directed content analysis and explanation building are used to analyse the data. The findings of the study reveal that the leadership values present in the family business stem from that of the founder. Contrary to the current CEO’s beliefs that the family business investigated operates primarily under his participative leadership style, the interviews reveal that while the CEO does demonstrate participative leadership, his leadership style is somewhat autocratic in nature. This autocratic leadership style has caused the employees and the business as a whole, to become too reliant on the CEO, especially in terms of strategic decision-making, which may be a threat to the future succession of the business. The CEO’s expert leadership however, ensures that the business adheres to strict guidelines in terms of employing the best person for the job, regardless of whether the candidates are family members or not. As such, the prominent motorcar dealership is marketed as a family business and together under the family leadership, has helped attract customers and well qualified non-family employees to the business. While there is ample leadership available within the business, the lack of succession planning is reiterated to be a major threat facing the future of the business. Almost all of the original networks established by the founder in the prominent motorcar dealership studied still exist in the business in 2014. It is established that employees, especially those in the third generation, are encouraged to build their own networks within their relevant spheres of responsibility. Moreover, the business family’s history, reputation and goodwill have helped create and establish networks for the family business, especially within the Eastern Cape. These networks have helped the business drive sales and have contributed to the success of the business.
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Duarte, Jo??o Roberto Cordeiro. "A reestrutura????o da ??rea cont??bil como ponto central para a melhoria da gest??o e profissionaliza????o de empresa t??xtil de origem familiar." FECAP - Faculdade Escola de Com??rcio ??lvares Penteado, 2006. http://132.0.0.61:8080/tede/handle/tede/437.
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Previous issue date: 2006-09-28Some characteristics of family companies continue even though these enterprises reach high platforms of invoicing, using, for times, hundreds of employees. During its initial phase, many of these enterprises adopt informal procedures that, times later can constitute problems to its higher development, exactly for the fact to be persisted on to the company's culture of the initial phase. In many cases, the lack of a practical and structuralized accounting and the adoption of informal practices constitute serious obstacles, leading the company the filings for the inspection agencies, labor law actions and shunting line of materials and financial resources. Additionally, the absence of more rigid or efficient controls implicates the strategic administration of the company, for the lack of highlights (management information) on competitiveness, costs and financial health. This research had as objective to analyze the problems lived for a great company of the textile segment, caused for a family management, and shows as the reorganization of the countable sector oriented for the adoption of a series of measures, amongst them the implantation of a management accounting. For this study bibliographical documentary research and study of case had been used predominantly, that had allowed lining up the theory and the objectives. Through the developed study, one proves that a structured accounting and the participation and integration of all the sectors in the spreading of the information allow the implantation of a management accounting.
Algumas caracter??sticas de empresas familiares persistem mesmo quando esses empreendimentos atingem elevados patamares de faturamento, empregando, por vezes, centenas de funcion??rios. Muitos desses empreendimentos adotam, durante sua fase inicial, procedimentos informais que, tempos depois, podem acabar se constituindo em empecilhos ao seu maior desenvolvimento, exatamente pelo fato de persistirem arraigados ?? cultura organizacional da fase inicial. Em diversos casos, a falta de uma contabilidade estruturada e a ado????o de pr??ticas informais passam a constituir s??rios obst??culos, levando a empresa a autua????es pelos ??rg??os de fiscaliza????o, a????es trabalhistas e desvio de materiais e de recursos financeiros. Adicionalmente, a aus??ncia de controles mais r??gidos ou eficazes acaba comprometendo a administra????o estrat??gica da empresa, pela falta de sinalizadores (informa????es gerenciais) quanto a sua competitividade, custos e ?? pr??pria sa??de financeira. Esta pesquisa teve como objetivo analisar os problemas enfrentados por uma grande empresa do segmento t??xtil, ocasionados por uma gest??o familiar, e mostra como a reestrutura????o do setor cont??bil serviu de base para a ado????o de uma s??rie de medidas, dentre elas a implanta????o de uma contabilidade gerencial. Para este estudo foram utilizados predominantemente pesquisa documental bibliogr??fica e estudo de caso, que permitiram alinhar a teoria e os objetivos em estudo. Atrav??s do estudo desenvolvido, comprova-se que uma contabilidade estruturada e a participa????o e integra????o de todos os setores na divulga????o das informa????es permitem a implanta????o de uma contabilidade gerencial
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Wong, Kin-ki. "The problems of managing control in Chinese family firms : the case of Hong Kong /." Hong Kong : University of Hong Kong, 1998. http://sunzi.lib.hku.hk/hkuto/record.jsp?B19272984.
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Ward, Graham. "A training and development model for successors in a family business : case study." Thesis, Nelson Mandela Metropolitan University, 2010. http://hdl.handle.net/10948/1559.
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Family businesses constitute between forty five and ninety percent of gross domestic product world wide. Research shows that within the next five years over fifty percent of executives will retire, highlighting the significance of successful family business successions. Family businesses founded in the “baby-boom” era are of immediate concern to researchers who are working to understand the dynamics around the succession process and ultimately the criteria preventing or enhancing successful successions. The purpose of this study was to better understand the development of successors in family businesses. A detailed literature study was conducted on family businesses and in particular the factors which both positively and negatively affect family business successions. A single case study approach was used to test whether six dynamic variables applied to this case or not. Three sibling brother successors, a sibling sister and their parents were each separately interviewed and the interviews voice recorded. They were asked questions which could be later analysed and used to uphold or negate whether the six dynamic variables applicable to successful family business succession were upheld or rejected. The data was meticulously analysed and similar answers grouped together. Answers which varied from the norm were reported separately. It was found that in all six of the propositions the responses received from the case study respondents upheld the propositions. Thus, families businesses seeking succession, may well understand and take action regarding the six dynamic variables relating to successful family business successions
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Wong, Kin-ki, and 王建圻. "The problems of managing control in Chinese family firms: the case of Hong Kong." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1998. http://hub.hku.hk/bib/B30088239.
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Hui, Kwan-wah Hugo. "A case study on a Chinese family business." Click to view the E-thesis via HKUTO, 1994. http://sunzi.lib.hku.hk/hkuto/record/B42574250.
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Govender, Rowan. "An examination of succession planning approaches in family owned businesses : a case study of two businesses in East London, South Africa." Thesis, Nelson Mandela Metropolitan University, 2011. http://hdl.handle.net/10948/1621.
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Family businesses constitute a large number of businesses worldwide contributing significantly to the global economy. Succession planning is a key issue influencing the sustainability of these family businesses. According to research, approximately 30% of businesses fail due to matters related to succession planning (Grote, 2003). Further research indicated that approximately 50% of family businesses do not have adequate succession plans in place. Hence, family businesses are exposed to significant risk in sustainability due to insufficient succession planning. An effective approach to succession planning in a family business increases the chance of success of a family business in both the short and long term. The purpose of this study was to develop a better understanding of approaches to succession planning in two family businesses in East London, South Africa. This purpose was to improve the commercial viability of family businesses and improve the body of knowledge from an academic perspective. To this end, a detailed literature study was conducted on family businesses and succession planning. A qualitative case study research paradigm was implemented to ascertain the nature of the approaches adopted by the two businesses. An interview process was conducted with the incumbent founders (fathers) and successors (sons) of the family business. This process suggested that each business requires a unique approach to succession plan which may include aspects of formal and informal processes. It is necessary to understand the nature of the family business, its interrelated relationships and context to adequately determine the success of a succession approach. It is for this reason that families aspiring long term sustainability should invest in effective succession planning approaches that integrate the nuances of the individual family business.
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De, Jong Piet. "Factors affecting information technology implementation in the mobile telecommunications industry : a family business case." Thesis, Nelson Mandela Metropolitan University, 2010. http://hdl.handle.net/10948/1486.
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This treatise investigates how information technology (I.T.) enables growth in a family business (the firm) in Port Elizabeth. The firm operates in the mobile telecommunications sector. The objective of the study is to gain a deeper understanding on why family businesses adopt information technology in their firm by means of a case study. The firm found its technology (or lack thereof) completely out-dated compared to the competition and customer demands. The future of the firm was in jeopardy. The study starts with a literature review of the following three topics which form part of the scope of the research: 1. Family businesses; 2. Influence of I.T. as a driver of growth in business; and 3. An introduction into the mobile telecommunications industry. Data are collected through structured interviews with family members involved in the business. The data are consequently linked to the theory and provides insight as to what the drivers are for I.T. adoption and the required core competencies or critical success factors of the firm. Although it might seem trivial for a small family business to adopt information technology, the research concludes that I.T. is critical for continuous growth and survival of this family business. Conversely due to a lack of internal skills the firm is heavily reliant upon outside consultants for advice, implementation and support. Recommendations which are of particular interest to family businesses in a similar environment are: • Embrace technology early, utilise I.T. solutions to grow and enhance current competitive advantage, do not see I.T. as a competitive advantage alone (Pavlou & Sawy, 2006); • If information expertise is not present within the company it is advisable to invest in that expertise through recruitment, training, partnership, or outsourcing; • Ensure software meets specification / is effective enough – this can be achieved by frequent releases cycles with small changes instead of infrequent release cycles with many big changes; • Engage the consultants in a partnership by i.e. providing a profit share – this will ensure that the consultants are committed to the cause and will also ensure that their involvement is also in their own best interest; • Choose local consultants who are easily accessible – build relationships and focus on trust; • Create lock-in (Amit & Zott, 2001), provide tools free-ofcharge for customers, this will make switching to competitor more difficult; • Automate as much as possible, enable standard work practices, routinize; • Be ready to adjust the organisational structure or relinquish control (Bruquea & Moyanob, 2007)
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Tarmizi, Achmad. "Corporate governance of family firms and voluntary disclosure : the case of Indonesian manufacturing firms." UWA Business School, 2007. http://theses.library.uwa.edu.au/adt-WU2008.0042.
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Weakness in corporate governance and lack of transparency are often considered causes of, or contributors to, the Asian Financial Crisis. Publicly listed companies in Indonesia, like other Asian firms, have a concentrated ownership structure. Focusing on manufacturing firms listed on the Jakarta Stock Exchange (JSX) for the year 2003, this study adopts an agency framework to examine voluntary disclosures included in the annual reports of 149 Indonesian firms and their relationship to various attributes such as: ownership structure; whether a firm is family-owned or not; the owner's involvement in either the Board of Commissioners or Board of Directors; and whether the firm is affiliated with a business group. The results mostly support the notion that ownership structure affects the extent of disclosure in annual reports. First, the results show that, compared to firms with a nonmajority ownership structure, voluntary disclosure is lower in firms with a majority ownership structure. Second, the results indicate that family owned firms are more likely to exhibit lower voluntary disclosure than are non-family owned firms. Third, the analysis shows that, among family firms, firms with a majority (compared to those with a non-majority) ownership structure are more likely to have lower levels of voluntary disclosure. Fourth, the results indicate that, among family firms, firms affiliated with a business group are more likely to make lower voluntary disclosures than independent firms. In contrast, the empirical analysis failed to support the hypothesis that, among family firms, voluntary disclosure would be lower in firms where the owners are involved in the Board of Commissioners compared to those where there is no owner involvement in the Board of Commissioners. Similarly, the results failed to support the hypothesis that, among family firms, voluntary disclosure would be lower in firms where the owners are involved in the Board of Directors compared to those where there is no owner involvement in the Board of Directors. Robustness checks performed using alternate measures of disclosure and the degree of ownership structure did not substantially change the conclusions. This thesis contributes to our understanding of how family firms are governed and the impact of corporate governance on a firm?s level of voluntary disclosure. The results have implications for policy makers and regulators in Indonesia striving to improve corporate governance and transparency.
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Shah, Keval. "An exploratory study of the use of organisational network analysis for a business case for change in Sumaria Group." Thesis, Stellenbosch : University of Stellenbosch, 2009. http://hdl.handle.net/10019.1/6424.
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Gao, Fei Yi Organisation & Management Australian School of Business UNSW. "Regional differences in HRM practices- the case of family businesses in the People??s Republic of China." 2008. http://handle.unsw.edu.au/1959.4/41471.
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Despite the increasing significance of Chinese family businesses (CFBs) as an important sector in China??s fast-growing economy, family businesses in China have received little research attention in the literature. The aims of this study are two-fold. First, the study examines the current human resource management (HRM) practices of selected family businesses in the country in areas of recruitment and selection, training and development, performance appraisal, and rewards. Second, it investigates differences in HRM practices of CFBs between the eastern-coastal and inland regions of the country. From a questionnaire survey of 205 CFBs operating in seven cities in two regions, this study has found that CFBs combine their traditional informal, relationship-based HR practices with western-style HR practices. Furthermore, both univariate and multivariate analyses have demonstrated significant regional differences in HRM, thus supporting the argument that a firm??s HR practices are shaped by institutions in which the firm operates. The findings of this study make important contributions to both research and practice. First, the findings have provided further evidence to the applicability of institutional theory to the explanation of HRM practices. Second, the study has also provided some practical implications for HR managers of firms, both domestic and foreign, in China. However, results of this study need to be interpreted with caution because external validity is sacrificed to an extent given its focus on family businesses, a non-probability sampling method and relatively small sample size. In addition, the cross-sectional approach adopted in the study fails to identify changes in HRM over time. Despite the limitations, however, this study has contributed to the body of knowledge by enhancing our understanding of CFBs in China and their HRM that have been under-researched empirically.
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"The structure of ownership in family firms." Thesis, 2010. http://library.cuhk.edu.hk/record=b6075291.
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Prior literature focuses on the causes and effects of ownership concentration between significant blockholders and minority shareholders. Anecdotal evidence shows that it is also important to look at the causes and effects of ownership concentration within controlling families as family ownership can become diffused after generations. Family trust is a popular vehicle for holding family ownership. It allows a founder to concentrate firm ownership on a long-term basis, preventing control loss after he/she steps down. Family members can enjoy control benefits such as preservation of their family intangible assets. However, there is tradeoff. Family members cannot resolve their conflicts by acquiring and selling off shares among them, since they are no longer the legal owners of the shares.Using a sample of 216 family firms listed on the Hong Kong Stock Exchange with time series data spanning 1990--2008, I investigate the causes and effects of ownership concentration by means of family trust. I fmd that when family control is important (when there exists a large amount of family intangibles), there is a higher propensity that family trust is used to concentrate ownership and secure control, provided that the cost of using it is low (small family size hence low family conflict). However, when there are more and more family members after generations, the benefit of preserving the intangibles may not be high enough to cover the cost of potential family conflict, leading to firm value loss. Moreover, the cost of using trust magnifies during difficult periods such as financial distress, economic downturn and leadership succession. Hence, firms with high potential family conflict have poorer performance during difficult time if family trust is used for holding the firm's controlling stake. Family trust also induces common pool problem. Family members tend to extract resources from the family firm as much and as early as possible, leading to higher payout and slower firm growth.
Leung, Siu Ching.
Adviser: Joseph P. H. Fan.
Source: Dissertation Abstracts International, Volume: 73-03, Section: A, page: .
Thesis (Ph.D.)--Chinese University of Hong Kong, 2010.
Includes bibliographical references (leaf 58).
Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web.
Electronic reproduction. [Ann Arbor, MI] : ProQuest Information and Learning, [201-] System requirements: Adobe Acrobat Reader. Available via World Wide Web.
Electronic reproduction. Ann Arbor, MI : ProQuest Information and Learning Company, [200-] System requirements: Adobe Acrobat Reader. Available via World Wide Web.
Abstract also in Chinese.
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"The inter-relation of a Chinese family firm and a Chinese family: the case study of the Nanyang Brothers Tobacco Company and the Jian family." 2015. http://library.cuhk.edu.hk/record=b6116384.
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本論文研究華人家族企業與華人家族之間的互動關係，並且以南洋兄弟煙草公司和簡氏家族作為本論文的個案研究。在論文中，將討論家族如何與為何影響公司的擁有權、控制權、公司經營和未來發展。同時，也將討論公司如何且為何影響一個家族的成立與擴張，與其他家庭的關係，以及如何從家族變成宗族。在結論中，我將指出簡氏家族是一個成員不多的小家族，因此必須依賴親戚和廣東同鄉來經營。此外，雖然他們可藉著與簡氏家族的關係而進入南洋，但是他們在南洋的升遷與發展，則依賴他們的表現和與簡家的關係變化。因此在華人家族企業中，家族成員、親戚與同鄉可通過他們與家族的關係而進入企業工作，但是他們的未來取決於他們對公司的貢獻與表現，以及他們與家族之間的關係有何變化。
大部分的簡家成員是通過他們在海外的工作經驗而接觸並學習現代化技術，而非通過教育。此外，雖然簡氏家族在引入現代化技術以改善南洋的生產和管理，並且看似大膽且現代化，但實際上當他們在公司的權利可能因而受影響時，他們則表現得保守與傳統。因此，華人家族企業的現代化取決與華人家族企業的擁有權和控制權是否遭受威脅。如果擁有權和控制權不受影響，現代化的改革則得以實施，不然將仍然保留傳統的模式。現代化並非單純的零和模式，因此許多華人家族企業是現代與傳統的混合體。
由於與政治界缺乏有效的方式與溝通，南洋與簡氏家族都不可避免地受到政府的影響，無力拒絶政府的要求並為他們自己爭取更好的機會。如同民國時期其他商人與企業，當中國出現大一統政府時，他們就無法取得比較好的機會與待遇。
本研究也為華人家族企業指出了四個新理論。第一，當華人家族企業為股份公司時，其擁有權將影響其控制權。第二，家族成員、親戚與鄉親可進入公司，但他們的地位取決於其貢獻與表現，以及他們與家族的關係。第三，華人家族企業的現代化，取決於家族是否可保有對公司的擁有權和控制權。第四 ，企業家精神有時對公司不是好處，而是壞處。
The thesis is a research based on a case study of the inter-relation of a Chinese family firm and a Chinese family: the Nanyang Brothers Tobacco Company and the Jian family. The article will be discussing on the rationale and practices that influence a firm on its ownership, authority, operations and developments; In addition, the ground of these influences towards its family growth, expansion, connection with other families, eventually leading to a lineage evolution.
Throughout the study, I have indicated that the Jian family is a small family. Hence, most of its members have to rely on their paternal and maternal relatives, or the Cantonese fellows to operate Nanyang. In the beginning stage, this group of family members could obtain a position in Nanyang through relationship with the Jian family. However, their career paths in Nanyang are subject to their performances and the changes of relationship with the Jian family at some point in the future.
In spite of ample working experience gained in overseas, most members from the Jian family did not learn about modernization through academic choice. Notwithstanding the evidence that the Jian family has introduced the modern skills and technology into the process of Nanyang’s manufacturing and management, it is unlikely that the authority could forgo the conventional methodology in order to adapt to the advanced formulas. Over and above that, this group of family members regards this phenomenon as a disadvantage towards their position in Nanyang. The threat level of present authority and ownership determines the success rate of the evolution within a Chinese family firm. Modernization could be realized if only the present authority were not affected. However, the evolution within a firm is not a zero-sum game. And therefore, many of the Chinese family firms adapt to the integration of modern and conventional management approach.
The lack of communication efficiency between the local government and Jian family, as well as Nanyang is the fundamental of its political position. Due to its political positioning, Nanyang unavoidably faces difficulties in declining requests from the government and to strive for greater opportunities. Like any other merchants during the Republican Era of China, they could not gain a better treatment under these circumstances.
The research indicated four principles for these Chinese family firms. Firstly, when a Chinese family firm is also a stock corporate at the same time, its ownership of the company’s share will directly impact on its individual authority. Secondly, family members, relatives, and fellows could achieve an easy entry into a Chinese family firm based on its relationship. However, the career paths in the firm are subject to their individual performances and the relationship with the family. Thirdly, the threat level of present authority and ownership determines the success rate of the evolution within a Chinese family firm. Modernization could be realized if only the present authority were not affected. Otherwise, modernization will be denied at the initial stage. Lastly, entrepreneurship is a double-edged sword. It allows a firm to unleash its greatness; or, a significant drawback.
Detailed summary in vernacular field only.
Detailed summary in vernacular field only.
Detailed summary in vernacular field only.
Detailed summary in vernacular field only.
Detailed summary in vernacular field only.
Chong, Henry Ren Jie.
Thesis (Ph.D.) Chinese University of Hong Kong, 2015.
Includes bibliographical references (leaves 277-292).
Abstracts also in Chinese.
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"Overseas capital raising of PRC state-owned enterprises--: case studies and strategic recommendations." 1998. http://library.cuhk.edu.hk/record=b5896255.
Full textAbstract:
by Cheung, Wing Hang, Sakaguchi, Hitoshi.Thesis (M.B.A.)--Chinese University of Hong Kong, 1998.
Includes bibliographical references (leaves 86-87).
ABSTRACT --- p.ii
TABLE OF CONTENT --- p.iii
LIST OF FIGURES --- p.vi
LIST OF TABLES --- p.vii
CHAPTER
Chapter I. --- INTRODUCTION --- p.1
Chapter I.I. --- Why do we study H-share companies? --- p.1
Chapter I.II. --- Why do PRC state-owned enterprises need to raise capital overseas? --- p.3
Chapter I.II.I. --- Capacity of PRC equity market --- p.3
Chapter I.II.II. --- Foreign Currency --- p.3
Chapter I.II.III. --- Accumulate experience for future SOEs reform --- p.4
Chapter I.II.IV. --- Promotion --- p.4
Chapter I.III. --- Why do most SOEs prefer listing in Hong Kong to listing in other places? --- p.5
Chapter I.III.I --- IPO P/E ratio in overseas market --- p.5
Chapter I.III.II. --- Cost of listing: IPO & annual operation cost --- p.6
Chapter I.III.III. --- Understanding of the overseas market by SOEs management --- p.6
Chapter I.IV. --- Background of SOEs reform --- p.6
Chapter I.IV.I. --- First stage (1979 to 1983) --- p.6
Chapter I.IV.II. --- Second stage (1984 to 1988) --- p.7
Chapter I.IV.III. --- Third stage (1989 to before 15th Communist Party Congress) --- p.7
Chapter I.V. --- Profile and Development of H-share companies --- p.8
Chapter I.VI. --- PRC SOES equity shareholding structure --- p.10
Chapter II. --- METHODOLOGIES --- p.11
Chapter II.I. --- Agency cost problems --- p.13
Chapter II.II. --- Government control --- p.15
Chapter II.III. --- Asymmetric Information --- p.15
Chapter II.IV. --- Industry --- p.16
Chapter II.V. --- Strategy --- p.17
Chapter III. --- CASE STUDY: YIZHENG CHEMICAL FIBRE COMPANY LTD --- p.18
Chapter III.I. --- Background --- p.18
Chapter III.II. --- Agency Cost --- p.21
Chapter III.II.I. --- Management Structure --- p.21
Chapter III.II.II. --- Remuneration --- p.24
Chapter III.II.III. --- Management Ownership --- p.26
Chapter III.III. --- Government Control --- p.27
Chapter III.III.I --- Product and raw material prices --- p.27
Chapter III.III.II. --- Taxation --- p.27
Chapter III.III.III. --- Import custom --- p.27
Chapter III.III.IV. --- Product mix --- p.28
Chapter III.III.V. --- Mergers & Acquisition under Government Policies --- p.28
Chapter III.III.VI. --- Government intervention on capital raising decisions --- p.29
Chapter III.IV. --- Asymmetric Information --- p.31
Chapter III.IV.I. --- Analyst coverage --- p.37
Chapter III.IV.II. --- Investment of Institutional Investors --- p.31
Chapter III.IV.III. --- Incorrect forecast on product prices and profit margin --- p.31
Chapter III.IV.IV. --- Acquisition of Foshan Chemical Fibre Complex --- p.31
Chapter III.V. --- Industry Analysis --- p.31
Chapter III.V.I. --- Background of the industry: 21 --- p.31
Chapter III.V.II. --- Porter Five's Forces Analysis - Polyester industry in the PRC --- p.31
Chapter III.VI. --- Strategy --- p.31
Chapter IV. --- CASE STUDY: HARBIN POWER EQUIPMENT COMPANY LIMITED --- p.31
Chapter IV.I. --- Background --- p.31
Chapter IV.II. --- Agency Cost --- p.31
Chapter IV.II.I --- Management Structure --- p.3]
Chapter IV.II.II. --- Remuneration --- p.31
Chapter IV.II.III. --- Management Ownership --- p.53
Chapter IV.III. --- Government Regulation --- p.53
Chapter IV.III.I. --- Product and Raw Material Price --- p.53
Chapter IV.III.II. --- Taxation --- p.54
Chapter IV.III.III. --- Monetary Policy --- p.54
Chapter IV.IV. --- Asymmetric Information --- p.56
Chapter IV.IV.I. --- Analyst Coverage --- p.56
Chapter IV.IV.II. --- Investment of Institutional Investors --- p.56
Chapter IV.IV.III. --- Information disclosure --- p.57
Chapter IV.V. --- Industry --- p.57
Chapter IV.V.I. --- Industry Growth --- p.57
Chapter IV.V.II. --- Porter Five's Forces Analysis ´ؤ Power Equipment Industry in the PRC --- p.58
Chapter IV.VI. --- Strategy --- p.63
Chapter V. --- DISCUSSION AND CONCLUSION --- p.66
Chapter V.I. --- Agency Cost --- p.66
Chapter V.II. --- Government Control --- p.66
Chapter V.III. --- Asymmetric Information --- p.67
Chapter V.IV. --- Industry --- p.68
Chapter V.V. --- Strategy --- p.68
Chapter V.VI. --- Explanations for the first year price performance of Yizheng and HPEC --- p.68
Chapter V.VII. --- Conclusion --- p.72
Appendix I - List of Capital Raising of H-shares companies (up to 3 1st December 1997) --- p.74
Appendix II ´ؤ Results of companies selection methodology --- p.82
Appendix III - History of Yizheng Chemical --- p.85
BIBLIOGRAPHY --- p.86
22
"Privatization in China: a case study of state-owned enterprise." 2000. http://library.cuhk.edu.hk/record=b5890168.
Full textAbstract:
by Chak Hoi Kee, Clara, Lee Chi Chung, Jonathan.Thesis (M.B.A.)--Chinese University of Hong Kong, 2000.
Includes bibliographical references (leaves 69-72).
ABSTRACT --- p.II
TABLE OF CONTENTS --- p.III
INTRODUCTION --- p.1
METHODOLOGY --- p.3
LITERATURE REVIEW --- p.4
PRIVATIZATION --- p.7
Chapter 4.1 --- Definition --- p.7
Chapter 4.2 --- Privatization and Economic Theory --- p.8
Chapter 4.2.1 --- Principal Agent Problem --- p.8
Chapter 4.2.2 --- Non-Profit Maximizing Objectives --- p.9
Chapter 4.2.3 --- Access to Information --- p.9
Chapter 4.2.4 --- Alternate Suggestions --- p.9
Chapter 4.3 --- Motivations for Privatization --- p.10
SOE REFORMS IN CHINA --- p.11
Chapter 5.1 --- Inadequacy of Previous SOE Reforms --- p.11
Chapter 5.2 --- Development of the Shareholding System Reform - Early Attempts --- p.12
Chapter 5.3 --- Setback (1989-1991) --- p.12
Chapter 5.4 --- Rapid Expansion and Standardization --- p.13
Chapter 5.5 --- A Step Closer to Privatization --- p.14
Chapter 5.6 --- Shrinking State Ownership --- p.15
Chapter 5.7 --- """Let Go of the Small""" --- p.17
Chapter 5.8 --- Take a Firm Grip on the Large --- p.18
Chapter 5.9 --- Current Situation --- p.18
DEVEOPMENT OF THE CHINESE CAPITAL MARKET --- p.20
Chapter 6.1 --- The Chinese Stock Market --- p.20
Chapter 6.2 --- Types of Shares --- p.21
"TSINGTAO BREWERY COMPANY LIMITED (""TSINGTAO"")" --- p.23
Chapter 7.1 --- Background --- p.23
Chapter 7.2 --- Ownership --- p.24
Chapter 7.3 --- Group Structure --- p.25
LEGAL PERSONS --- p.25
PRC INVESTORS --- p.25
THE COMPANY --- p.25
Chapter 7.4 --- Board of Directors (as of 1998) --- p.26
Chapter 7.5 --- The Brewery Industry --- p.27
Chapter 7.6 --- Initial Public Offering --- p.28
Chapter 7.6.1 --- Business Performance Prior to IPO --- p.28
Chapter 7.6.2 --- Restructuring of the Group --- p.29
BOARD OF DIRECTORS --- p.30
GENERAL MANAGER --- p.30
Chapter 7.7 --- IPO in Hong Kong and Shanghai --- p.30
Chapter 7.8 --- Business Downturn 1993-1996 --- p.32
Chapter 7.8.1 --- Deny Reporting the First Interim Result --- p.32
Chapter 7.8.2 --- Misuse of the IPO Proceeds --- p.33
Chapter 7.8.3 --- Disappointing 1994 Results --- p.33
Chapter 7.8.4 --- Unsuccessful Acquisition Attempts --- p.34
Chapter 7.8.5 --- Loss of the Leading Position --- p.35
Chapter 7.8.6 --- Change in Management --- p.36
Chapter 7.9 --- Turnaround 1996-Present --- p.37
Chapter 7.9.1 --- Second Restructuring in 1997 --- p.37
Chapter 7.9.2 --- Refocus Efforts in Marketing Activities --- p.38
Chapter 7.9.3 --- Expansion to the Low-Middle Market --- p.39
Chapter 7.9.4 --- Further Acquisition Via Low Cost Expansion --- p.39
Chapter 7.9.5 --- Enhancing Shareholders Value --- p.40
Chapter 7.9.6 --- Outstanding First Half 1999 Results --- p.40
Chapter 7.10 --- Financial Performance --- p.41
CHINA TELECOM (HONG KONG) LIMITED --- p.43
Chapter 8.1 --- Introduction --- p.43
Chapter 8.2 --- Privatization --- p.43
Chapter 8.3 --- Board of Directors --- p.45
Chapter 8.3.1 --- Executive Directors --- p.46
Chapter 8.3.2 --- Non-Executive Directors --- p.47
Chapter 8.3.3 --- Independent Non-Executive Directors --- p.47
Chapter 8.4 --- Government Regulations --- p.48
Chapter 8.5 --- Telecommunication Industry in China --- p.48
Chapter 8.6 --- Acquisition (1997-1999) --- p.49
Chapter 8.7 --- Sales Analysis --- p.50
Chapter 8.8 --- Profitability Analysis --- p.52
Chapter 8.9 --- Financial Positions --- p.53
Chapter 8.10 --- Overall Performance --- p.54
Chapter 8.11 --- Future Prospects --- p.55
IMPLICATIONS --- p.56
Chapter 9.1 --- Agency Problem Remained --- p.56
Chapter 9.2 --- Corporate Governance Weakened --- p.58
Chapter 9.3 --- Corporate Disclosure --- p.58
Chapter 9.4 --- Disappointing Results --- p.58
Chapter 9.5 --- Turnaround --- p.59
Chapter 9.6 --- Competition --- p.59
Chapter 9.7 --- Scrutiny from the Capital Market --- p.60
Chapter 9.8 --- "Is Privatization Necessary or is it a ""Red Herring""?" --- p.61
RECOMMENDATIONS --- p.62
Chapter 10.1 --- Corporate Governance Incentives --- p.62
Chapter 10.2 --- Diversified Representation of Board Members --- p.63
Chapter 10.3 --- Create a market for corporate control --- p.63
Chapter 10.4 --- Modernize financial accounting and auditing practices --- p.64
Chapter 10.5 --- Establishing the Rule of Law --- p.65
SUMMARY AND CONCLUSION --- p.66
BIBLIOGRAPHY --- p.69
23
Hammond, Clark H. "Response of family businesses to a natural disaster : a case study approach." Thesis, 2003. http://hdl.handle.net/1957/31108.
Full textAbstract:
Throughout the world, weather-related and other natural phenomena claim
thousands of lives and devour billions of dollars annually in recovery efforts.
Destruction of life and property in the wake of disasters is devastating, and can
have a dramatic impact on families and businesses around the globe. Yet, published
works specifically in the field of Family Resource Management (FRM) reveal a
limited understanding of how families respond when these critical events strike
with little or no warning, particularly for business-owning families. This paper
explores family business responses to a particular natural disaster through case
study research from the FRM perspective. Essentially, its purpose is to ascertain
whether the FRM description of management is useful for family business systems
in the wake of a natural disaster. A review of the FRM and family business
literature is offered, followed by a broad description of qualitative methods and a
justification for the case study methodology for this project. In-depth information
about the successful management of a natural disaster was gathered through face-to-face and phone interviews with five leaders of family-owned businesses. The
interviews were transcribed and analyzed, followed by member checks and peer
reviews to strengthen the trustworthiness of the findings. Based on the experiences
of the five CEOs that participated in this study, it appears that the FRM
conceptualization of management generally captured their experience and can
perhaps be a useful tool in conceptualizing the preparation for, and recovery from,
critical events. It was also found, as anticipated, that access to tangible resources
(money, materials, equipment) and intangible resources (communication processes,
family unity, adaptability, relationships) was a key to successful management.
What was somewhat surprising, however, was the emphasis placed on the power of
relationships in the management process. A discussion on how this study relates to
previous work on family stress and coping models is offered, and implications for
researchers, practitioners, and government agencies that interface with families in
business are provided.Graduation date: 2003
24
"Organizational evolution via spatial partitioning: case study of a state-owned advertising agency in reform China." 2000. http://library.cuhk.edu.hk/record=b5890358.
Full textAbstract:
by Xu Kai.Thesis submitted in: December 1999.
Thesis (M.Phil.)--Chinese University of Hong Kong, 2000.
Includes bibliographical references (leaves 134-135).
Abstracts in English and Chinese.
ABSTRACT (English) --- p.iii
ABSTRACT (Chinese) --- p.v
ACKNOWLEDEMENT --- p.vi
LIST OF FIGURES --- p.vii
LIST OF TABLES --- p.viii
Chapter Chapter I --- Introduction --- p.1
Chapter 1. --- Prelude --- p.1
Chapter 2. --- The Questions of Intra- and Inter-Organizational Dynamics --- p.5
Chapter 3. --- Hybridization: A Historical Trajectory of Chinese Advertising Industry --- p.8
Chapter 4. --- Competition and Professionalization: Two Challenges Facing State-Owned Ad Agencies --- p.14
Chapter 5. --- The Basic Conceptual Framework and A Chapter Outline --- p.19
Chapter Chapter II --- "Space, Spatial Partition and Situated Practices of A State-owned Ad Agency" --- p.22
Chapter 1. --- "Strategic Practices, Locale, and Institutional Changes" --- p.22
Chapter 2. --- Key Concepts and Their Linkages --- p.27
Chapter Chapter III --- Methodology --- p.40
Chapter 1. --- Case Study and Case Selection --- p.40
Chapter 2. --- PrQcedure of Fieldwork --- p.42
Chapter 3. --- Data and My Identities in Data Collection --- p.46
Chapter 4. --- Validity of My Interpretation --- p.50
Chapter Chapter IV --- Spatial Partitioning and Routine Practices at PAC --- p.53
Chapter 1. --- Seaside Province and Phoenix City --- p.53
Chapter 2. --- Physical Settings of PAC --- p.57
Chapter 3. --- Professionalization of PAC in the Front Region --- p.68
Chapter 4. --- The Transformation of Organizational Structure --- p.71
Chapter 5. --- Routine and Non-routine Practices in the Back Region --- p.77
Chapter 6. --- The Mixture of Two Systems in PAC --- p.93
Chapter Chapter V --- Patrolling the Spatial Partition in Competition --- p.97
Chapter 1. --- Bidding as A Critical Moment --- p.98
Chapter 2. --- PAC's Preparation for Submitting A Bid --- p.99
Chapter 3. --- PAC's Excellent Performances in Bidding --- p.110
Chapter 4. --- Integration of the Two Paradigms of Organizational Management --- p.112
Chapter Chapter VI --- Conclusion and Discussion: The Hybridization in A Transitional Society --- p.116
Chapter 1. --- Organizational Dualism and Spatial Partitioning in PAC --- p.116
Chapter 2. --- Social Practices in A Transitional Society: A Spatial Perspective --- p.121
Chapter 3. --- Spatial Partitioning in Local Clients and International Ad Agencies --- p.125
Chapter 4. --- Organizational Evolution in A Transitional Society --- p.128
APPENDIX --- p.132
BIBLIOGRAPHY --- p.134
25
Sadiki, Martin. "Financial assistance to state-owned enterprises by the state in South Africa : a case study of Eskom." Diss., 2015. http://hdl.handle.net/10500/19214.
Full textAbstract:
State-owned enterprises (SOES) exist in South Africa to drive economic development and improve service delivery to the large population. In order for SOES to achieve their mandates, as set out by government through their shareholding department, financial assistance by the state is imperative. In the case of the monopolistic power utility, Eskom, the South African government (SAGO) has 100% ownership which is managed through the Department of Public Enterprises (DPE). This total ownership by the state means that government is responsible in ensuring that the utility is operational and supported financially.
The current study was aimed at evaluating the financial assistance received by SOEs in South Africa by the state with specific focus on Eskom. Eskom was selected from the eight SOES managed by the DPE for the purpose of focusing the research. The focus of the study was on the financial assistance to SOES in South Africa by the state.
In 2008, Eskom received funding from different sources through loan intervention of the South African government. The loan and guarantees made available to Eskom by government, enabled the SOE to achieve a positive credit rating. Data for this research was primarily collected through academic journals, books, Acts, White Papers, legislation and personal interviews at the National Treasury (NT).
The recommendation that this research states relates to the need for a single policy document on state financial assistance to SOES in South Africa.Public Administration
M. Admin. (Public Administration)
26
Thakhathi, Andani. "Strategising practices of sustainability champions : a case study at a state-owned enterprise." Diss., 2016. http://hdl.handle.net/10500/23218.
Full textAbstract:
The purpose of this study was to explore the strategising practices of sustainability champions at Transnet, a South African state-owned enterprise (SOE). The study set out to discover what these micro-strategising practices were and what strategic outcomes they had for the organisation at the corporate level of strategy praxis. The problem that this research sought to address was the need for greater progress towards corporate sustainability and the lack of research into the role, contributions and practices of sustainability champions in formal sustainability roles within relatively large organisations. This exploration was carried out in the form of a qualitative single-case study which drew on serial interviews (two per participant) and case documentation as sources of evidence. The data were analysed using Applied Thematic Analysis (ATA) in the CAQDAS software Atlas.ti. The study answered the research questions and found that sustainability champions engaged in seven sets of strategising practices with seven corresponding strategic outcomes. While it was not the intention of the study to develop a conceptual model, the process of synthesising the main findings resulted in a model termed the web of sustainable strategising. The study concludes that sustainability champions are strategists who aid their organisation in the pursuit of corporate sustainability while influencing the direction of macro-institutional arrangements towards sustainable development. These results cannot be generalised, but they are transferrable to similar contexts.Business Management
M. Com. (Business Management)
27
Van, der Westhuizen Rolandi. "The value of governance structures in private family organisations." Diss., 2018. http://hdl.handle.net/10500/23900.
Full textAbstract:
Although private family organisations are prevalent role players in both the South African and international economies, limited research has been performed with regard to them. In terms of regulatory requirements, South African private organisations are neither legally required to comply with corporate governance principles, nor are they
required to make their financial data available to the general public. Lack of available data, and limited available research, have resulted in an absence of clarity with regard to whether governance structures in private family organisations add any value to these organisations. This study therefore explores, through the use of a multiple-case study,
how the individual private family organisations have structured their governance mechanisms, and the reasons as to why they chose to implement these structures. Both case studies revealed that governance structures, in general, add value. The implemented governance structures may even have contributed to the increase in
financial performance over time.Management Accounting
M. Phil. (Accounting Sciences)
28
Rasool, Fathima. "Challenges facing informal sector micro-enterprises in Newlands West : the case of female owned home-based dress-making enterprises." Thesis, 2007. http://hdl.handle.net/10413/1553.
Full textAbstract:
This study seeks to investigate the challenges facing informal sector micro-enterprises in Newlands
West, using the case study of female owned home-based dress making enterprises in the South West
of Durban. The investigation, which aims at establishing the historical background to these micro-enterprises, their main activities and their viability, and the challenges they are facing, will be conducted in the context of the broader debate both in South Africa (SA) and globally about the informal sector, to which micro-enterprises would arguably belong. This study also aims to contribute towards research and future policy developments in the field of home-based enterprises. Many of these workers have set-up home-based micro-enterprises as a means of creating employment in order to sustain their livelihoods. The purpose of this study is thus to highlight the potential of these micro-enterprises to create employment and alleviate poverty. The qualitative research method is used in this study. In-depth, semi-structured interviews using purposive sampling were conducted with ten owner-managers. Data was analysed using the
constant comparative method of analysis. The conclusion drawn from this study was that these micro-enterprises received hardly any support from the local municipality or provincial government to grow their businesses. The study also found that there is potential for these owner-managers, with appropriate state support, to grow their businesses, make greater profits and create jobs. Some of the recommendations offered in this study include: a system of mentorship should be established to assist informal micro-enterprise owners improve their business acumen. They should be given enterprise support as none of the
dressmakers underwent any form of business training. There should be development of the following skills: Financial management, production management, technical training, marketing and sales and understanding the regulatory environment.Thesis (M.A.)-University of KwaZulu-Natal, Durban, 2007.