Upholding Justice while Pursuing Interests:Community-Based Labor Sharing Incentive of Chinese Classical Enterprises-A Case Study Based on Shanxi Merchants Qiaojiazihao

The modern equity incentive system,which takes shareholders’interests first as the logic of governance,is based on material reward and short-term behavior,making it difficult to fundamentally build an economic interest community between enterprises and employees.How to avoid opportunistic behavior in equity incentive and stimulate employees’prolonged sense of organizational identity for enterprise sustainability is an important governance problem of modern enterprises.Based on the theory of social embeddedness,this study uses constructing grounded theory to explore the incentive theory of Qiaojiazihao,which means an exceptional family business owned and run in Shanxi Province but well known throughout China by a family surnamed Qiao in the Qing Dynasty.Qiaojiazihao takes the Confucian community thought as its foundation of social values,the Confucian concept of righteousness and interests as its business ethics,and the social factors,such as emotion and trust,are embedded in its economic organization.The labor sharing incentive thus forms the pathway to Geo-cultural community-social identity community-economic interests community.On this basis,it abstracts the internal mechanism of value generation-system coupling-interest strengthening as the logic of the community-based labor sharing incentive of Chinese classical enterprises.This study deepens the understanding of the equity incentive system of Chinese classical enterprises,and is enlightening for revising the institutional logic of rational calculation of equity incentive based on material interests and improving corporate governance and employee shareholding methods from the perspective of social embeddedness.Therefore,this study is helpful to understand the role of employee incentive in securing for employment stability,comprehensiveness,and loyalty.

Mankind Community of Shared Destiny and Common Interests Outlook

Common interests is the objective foundation and the main impetus of occurrence and development of international cooperation and international exchanges,construction of a humankind community of shared destiny must do well with'common interests',strengthen

The Embodiment of Enhancing Family Civility in China's Civil Code

“Development of family civilization”has joined legislative language system from policy language and ethical language,and has become the basic value orientation of the Marriage and Family Section of Civil Code of the People's Republic of China(hereinafter referred to as“the Civil Code”).We need to specify significance and jurisprudence of family civilization,and make family civilization harmonious with the basic principles(basic value orientations)of Marriage and Family Section and Inheritance Section.The significance of family civilization in the new era should be taken to include equality,respect,loyalty and unity,as is specified through the legal rules of marriage and family.Development of family civilization does not challenge freedom,but overcomes the defects of individualism in the identity community so as to fully realize the liberal and all-round development of each family member.By integrating family civilization with the basic value orientation of its Marriage and Family Section,the Civil Code has demonstrated a basic position of valuing“family”and of“coordinating the relationship betweenaindividual and family.”Moreover,it has revealed the basic attitude of Chinese people towards marital relationship and even towards marriage and family:Marriage and family provide a warm harbor of ethical love with legal significance,a weal-and-woe-sharing community of affection and property wherein family members,husband and wife in particular,focus on overall coordination.It is a closeknit group of equality,harmony,solidarity,like-mindedness,mutual respect and care for the elderly and for the young,and of trust-worthy team.