Family Business Growth and Integration with Social Capital

Author: Chu Xiaoping
Publisher:
Publish Date: 2004-08-01
Features: This book systematically proposes that the growth process of family businesses is a continuous integration process with four interconnected levels of social capital, namely social financial capital, social human capital, social network capital, and social cultural capital. Information asymmetry and trust are key factors in the integration of family businesses with these four levels of social capital. In different social systems or processes, the survival conditions, growth paths, and management models of family businesses share commonalities while also exhibiting unique characteristics. Exploring the efficient Chinese business organizations and their management models is the central objective of this research topic.