论家族企业权力的代际传递

The Power Transition between Generations in Family Com-pany

本文以家族企业的定义作为研究突破口,将家族企业划分为家族业主制企业、家族合伙制企业、古典家族股份公司和现代家族股份公司四类,并且对各自特征进行了比较;通过特征引出了关于家族企业保留所有权的原因的分析,提出了情感与凝聚力、产权、决策和契约四大因素;进而对家族企业的代际传递成败的影响因素进行了分析,认为存在继承人和掌门人、普遍凝聚力和家族企业生命周期三个影响因素;最后提出了家族企业进行权力代际转移应该分为四个阶段完成:准备阶段,融合阶段前期,融合阶段后期,移交阶段。

Base on the definition of family company, we can classify thefamily companies into four categories: family owned firm, family basedpartnership firm, classical family company and modern family company.Then we assume that there are four factors: sensibility and cohesion,property right, decision, and contract which influence the decision ofpower transition. And the outcomes of the power transition are dominatedby three key factors: hierarchs and heritors, general cohesion, and lifespanof family company. Finally, we can divide the whole process of powertransition into four steps: preparation, prophase of amalgamation,anaphase of amalgamation and handover.