Practicing Shared Benevolence and Improving World Health

Yong Su and Lanjian Chen
Additional contact information
Yong Su: Fudan University
Lanjian Chen: Yunnan Univeristy

Chapter Chapter 1 in Modern Oriental Corporate Culture, 2014, pp 1-15 from Springer

Abstract: Abstract Beijing Tong Ren Tang (hereafter TRT) is a famous Traditional Chinese Medicine (TCM) company. Mr. Yue Xianyang (hereafter Mr. Yue X.Y.) founded TRT during the eighth year of the reign of the Kangxi Emperor, in 1669. The company has enjoyed an unbroken 337-year history of operations, remaining a family business with control handed down from generation to generation until it became a joint venture between the founding family and the Chinese state in 1954. The company was originally known as “the old shop of the Yue family”. During the reign of the Yongzheng Emperor (in 1723), TRT became officially designated as the chief pharmacy to the Qing Court and maintained that honor for 188 years and through 8 generations of emperors.

Keywords: Traditional Chinese Medicine; Family Business; Corporate Culture; Founding Family; Business Philosophy (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-35214-0_1

Ordering information: This item can be ordered from
http://www.springer.com/9783642352140

DOI: 10.1007/978-3-642-35214-0_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().