scholarly journals The Behavior of Chinese Entrepreneurs in Controlling the International Market: A Study of Phenomenology in CV Unggul Putra Samudra Malang

2021 ◽  
Author(s):  
Rayie Tariaranie Wiraguna ◽  
Adelia Shabrina Prameka
Keyword(s):  
Family Business ◽  
Chinese Family ◽  
Empirical Knowledge ◽  
Design Data ◽  
Business World ◽  
Ethnic Entrepreneurship ◽  
Ethnic Chinese ◽  
Marketing Process ◽  
Field Notes ◽  
Chinese Entrepreneurs

Ethnic Chinese is one of the largest ethnic groups in Indonesia. Apart from being tenacious, the Chinese ethnic group is also known as being loyal to other groups. This study was conducted at CV Unggul Putra Samudra, which is a well-known and successful ethnic Chinese family business. Products manufactured by CV Putra Samudra include furniture tailored for buyers. The objectives of this study were: 1) to provide empirical knowledge about entrepreneurship within the ethnic Chinese; 2) to provide information that the business world and distributors involved in the marketing process could use to make CV Unggul Putra Samudra more systematic. This study used a phenomenological qualitative design. Data were collected through interviews, documentation, field notes and observations. Triangulation of data sources, theories and methodologies was applied to check the validity of the data. The results highlighted characteristics such as resilience, never giving up and upholding the belief in ancestors. The owner of CV Unggul Putra Samudra was trained and educated from an early age to become an entrepreneur and is resilient and never gives up. Those who respect and appreciate the beliefs of their ancestors will get blessings in life. Keywords: Entrepreneurial Behavior, Ethnic Entrepreneurship, Family Business

Start–Up Capital and Chinese Entrepreneurs: The Role of Family

2009 ◽  
Vol 33 (4) ◽  
pp. 889-908 ◽  
Author(s):  
Kevin Au ◽  
Ho Kwong Kwan
Keyword(s):  
Capital Structure ◽  
Transaction Costs ◽  
Family Business ◽  
Chinese Family ◽  
Initial Capital ◽  
Republic Of China ◽  
Ethnic Chinese ◽  
Start Up ◽  
Chinese Entrepreneurs

This paper examines the formation of the initial capital structure of Chinese start–up firms. Contrary to the predominant view of Chinese family business, this study found that family funding is not the major source of start–up capital under certain conditions. Employing two surveys conducted separately in Hong Kong and the mainland of the People's Republic of China, it was revealed that Chinese entrepreneurs seek initial funding from their family rather than from outsiders only if they expected lower transaction costs and lower levels of family interference in the business. The implications of the findings for entrepreneurship of ethnic Chinese communities in East Asia are discussed.

Institutional complexity and family business development: a case study of the Charoen Pokphand group

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Bo Wang ◽  
Qiang Liang ◽  
Lihong Song ◽  
Erming Xu
Keyword(s):  
Family Business ◽  
Family Values ◽  
Family Businesses ◽  
Chinese Family ◽  
Overseas Chinese ◽  
Institutional Complexity ◽  
Content Type ◽  
Equal Importance ◽  
Decision Making Processes ◽  
Dominant Period

Purpose With features of both “family” and “business,” family businesses must seek a balance between the emotional aspect of “family” and the economic aspect of “business” in its organizational and decision-making processes to ensure the sustainability of the family’s entrepreneurship. This study aims to focus on how internal institutional complexity combined evolves alongside the growth of the family business. Design/methodology/approach The research looks, from the perspective of institutional logic, into the Charoen Pokphand Group, which is an epitome of overseas Chinese family businesses and proceeds to build a model of family business growth in the context of institutional complexity. Findings The research finds that as a family business grows, institutional complexity inside the organization would change from aligned period to sustaining period and then to dominant period. Then further elucidates the process of proactive response in different stages of the development of a family business. Attaching equal importance to the cultivation of entrepreneurship and to the continuation of family values and culture is the crucial mechanism by which Chinese family businesses seek a balance between family logic and business logic. Originality/value This paper unveils the change of institutional complexity in the evolution of family businesses and the process of action of its agency as an organization, and simultaneously partly reveals the features of entrepreneurship that overseas Chinese family businesses have as they grew, which is of positive significance for exploring and building a path of growth unique to Chinese family businesses.

Research on Management Model of Chinese Family-Holding Business under Market Economy

2011 ◽  
Vol 403-408 ◽  
pp. 313-317
Author(s):  
Li Zhang
Keyword(s):  
Market Economy ◽  
Family Business ◽  
Development Stage ◽  
Management Model ◽  
Current Status ◽  
Family Management ◽  
Chinese Family ◽  
Enterprise System ◽  
Modern Enterprise ◽  
The Family

In China, the family business usually implement paternalistic management model at the startup. When the enterprise scale enlarged, along with the change of the outside environment, the risk and uncertainty of the enterprise management will be increased and the distortions of family management model will become increasingly clear. Therefore, it is an irresistible trend to carry out reforms on the family business governance model. This paper analyzed the current status of Chinese family management model, pointed out the opportunity under the market economy for family business accelerating its development, and summarized the four models of Chinese family business governance. Currently, under the market economy, the biggest problem faced by Chinese family business is not how to transform into modern enterprise, but how to realize their sustainable development. To build a modern enterprise system is just an important destination for family business development, but can’t be the only choose at the present stage. A precisely suitable enterprise system is established according to the time, place, different industry, scale, development stage and background, while there is no standard model of universal application.

scholarly journals Interaction between Chinese Family Business and Cultural Differences in Malaysia

2014 ◽  
Vol 10 (10) ◽  
Author(s):  
Iskandar Hasan Tan Abdullah ◽  
Muhammad Syahmizan Azmi ◽  
Sakinah Mat Zin ◽  
Lim Soo Chee ◽  
Nur Azuki Yusoff
Keyword(s):  
Cultural Differences ◽  
Family Business ◽  
Chinese Family
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