Unlike other economies, family businesses in China are greatly affected by the derived Confucian culture, excessive marketization, as well as the seemingly endless institutional supervision by a transitional Chinese government. China has a strong historical legacy, devoted to patriarchal values...

1. Introduction -- 2. Household and Family -- 3. Family: economic, social, and educational functions -- 4. Characteristics of the Chinese family system -- 5. Society and family clans in modern China -- 6. Transformation of family clans in modern China and the rise of family enterprises -- 7. The...

The top management team (TMT) of family firms is divided into two groups: family and non-family executives. Each group of executives is driven by different and multiple goals and motivations with distinct strategic innovation decision preferences. The centralized ownership and control of firms...

Bureaucrats, businesses, and economic policies in a globalized China -- Chasing foreign capital -- From FDI attraction to domestic competitiveness -- Local policy making, globalized coalitions, and resource allocation -- The micro foundation of state intervention and policy effectiveness --...