Scientific Research Publishing

Read full paper at： http://www.scirp.org/journal/PaperInformation.aspx?PaperID=50574#.VESpqFfHRK0 Author(s)   Lingyan Gu Affiliation(s) School of Accounting, Zhejiang Gongshang University, Hangzhou, China . ABSTRACT With the development of the family businesses, family members are coming from diversified source. Under this circumstance, guanxi and potential conflicts between family members are becoming complicated. The allocation of control rights among the family members plays an important role. This paper proposes the allocation concept of the family guanxi-oriented control rights for the first time. On the basis of the review of classical theories about the control rights allocation, it builds a theoretical analysis framework of fami...

Read full paper at: http://www.scirp.org/journal/PaperInformation.aspx?PaperID=50574#.VECrn1fHRK0 Author(s)    Lingyan Gu Affiliation(s) School of Accounting, Zhejiang Gongshang University, Hangzhou, China . ABSTRACT With the development of the family businesses, family members are coming from diversified source. Under this circumstance, guanxi and potential conflicts between family members are becoming complicated. The allocation of control rights among the family members plays an important role. This paper proposes the allocation concept of the family guanxi-oriented control rights for the first time. On the basis of the review of classical theories about the control rights allocation, it builds a theoretical analysis framework o...