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CUHK Business School Research Finds Company Founders Who Were Born into Collectivist Cultures Are Likely to Retain More Company Control Within the Family

CUHK Business School Research Finds Company Founders Who Were Born into Collectivist Cultures Are Likely to Retain More Company Control Within the Family

HONG KONG SAR, Oct. 28 (Korea Bizwire) – Since its humble beginnings in the wake of the economic reforms and opening up enacted by the late Chinese leader Deng Xiaoping more than three decades ago, family businesses have grown to become the back bone of China’s economic growth. In China, family firms contributed to about 60 percent [...]

Strong Values Drive Growth for Family Business amid Disruption Fears, Finds PwC Global Survey

Strong Values Drive Growth for Family Business amid Disruption Fears, Finds PwC Global Survey

LONDON, Nov. 7 (Korea Bizwire) — Family businesses should seek to maximise the competitive advantage that comes from their strong values-led culture, according to the Global Family Business Survey 2018 released today by PwC. This year’s survey saw family business leaders globally reporting robust health, with levels of growth at their highest level since 2007. [...]