上市家族企业代际传承对家族控制权的影响——以粤商为例

Listed family enterprise generation inheriting's influence on family control right——take Guangdong businessman as example

大陆自80年代开始进行改革开放,现今第一代的创业者大多已经入老年阶段。接下来的若干年,将是家族企业代际传承的高峰期,创业者必然非常关心代际传承对家族企业控制权的影响。本文选取香港的粤商家族企业为样本进行研究,在综合分析数千份在香港主板上市的家族企业财务报表的基础上,衡量了香港上市家族企业代际传承前后的控制权集中度,证实了代际传承本身就是一个家族控制权流失的过程。

Chinese mainland had the beginning of the reform and opening up in the 1980s, and most of the first generation of entrepreneurs have been into old age nowadays. In the following several years, it will be the peak of the intergenerational transmission of family businesses, entrepreneurs are very concerned about the inevitable impact on the intergenerational transmission of control over the family businesses.The family business in Hong Kong Cantonese Businessmen has been selected to be the study sample. On the basis of a comprehensive analysis of Hong Kong main board listed in the family business on the hundreds of financial statements, the text measure the concentration of control of the family companies listed in Hong Kong the intergenerational transmission around, shown that intergenerational transmission itself is a process of loss of family control.