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

Xi Chen and Zefan Wu
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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

International Journal of Research in Business and Social Science (2147-4478), 2022, vol. 11, issue 5, 76-87

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

Date: 2022
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