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Intergenerational succession mode and selection mechanism of female successors in Chinese family businesses

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  • Xi Chen

    (Business School, China University of Political Science and Law, 25 Xitucheng Lu, Haidian District, Beijing, China)

  • Zefan Wu

    (Business School, China University of Political Science and Law, 25 Xitucheng Lu, Haidian District, Beijing, China)

Abstract

This study explains the modes of intergenerational succession by female successors in Chinese family businesses and the selection mechanism. In view of the family businesses to which females (daughters) belong, this paper proposes five types of intergenerational succession modes of family businesses, namely the kindred-based succession by the daughter, kindred-based succession by others, joint succession by the daughter and her siblings, joint succession by the daughter and her husband (son-in-law), and succession by a professional manager. By means of case analysis, this study also explores the driving forces for choosing a proper model from the above five succession modes, including family structure, the father’s and business owner’s attitudes, and the daughter’s attitude toward succession, etc. This paper contributes to the domain of the intergenerational succession mode by ‘female (daughter) successors’ in Chinese family-owned businesses theoretically and practically. Key Words:Family businesses, female successors, intergenerational succession, mode

Suggested Citation

  • Xi Chen & Zefan Wu, 2022. "Intergenerational succession mode and selection mechanism of female successors in Chinese family businesses," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(5), pages 76-87, July.
    • Handle: RePEc:rbs:ijbrss:v:11:y:2022:i:5:p:76-87
    DOI: 10.20525/ijrbs.v11i5.1876
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    References listed on IDEAS

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    1. Calvin Wang, 2010. "Daughter Exclusion in Family Business Succession: A Review of the Literature," Journal of Family and Economic Issues, Springer, vol. 31(4), pages 475-484, December.
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