The Impact of Confucianism on Chinese Family Business: Ideology and Practice
Abstract
The goal is to investigate the difference between Confucianism ideologies and practical performance of Chinese family business responding to the present changes. Interviewees from different firms are invited to present detail information based on a semi-structured interview.It has been found certain Confucianism features are common ideologies and different companies share similarities in treating employees and customers. Besides, it is identified that social changes challenge the traditional Confucianism ideologies. Therefore, leaders in family enterprises begin to decentralize power and start to count remuneration on personal performance to enhance motivation and efficiency.
Keywords
Confucianism; Chinese Family Business; Social Change
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DOI: http://dx.doi.org/10.18686/mmf.v6i2.4266
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