價值觀一致性對代際傳承績效的影響: 基於中國家族企業家的研究

Abstract

This study investigates the influence of education approaches a successor received on the subsequent person-organization value congruence and firm performance in family firms. Prior research on family business has attempted to explain the success of family firms, but there is no consistent conclusion.

Specifically, most prior studies have overlooked the specific characteristics of the family firms in China. Compared to non-family firms, family firms emphasize both the economic benefits and socioemotional wealth, specially the socioemotional wealth. Besides, family firms have to strategically manage the relationship between family members and non-family members. Moreover, although most previous studies has acknowledge the critical role of individual personality in person-organization value congruence, they have not investigated how family education affects individual personality in depth. Consequently, drawing on the literature on value congruence, we contend that person-organization value congruence has a positive effect on firm performance. We also contend that such positive relationship is moderated by organizational structure. Given the positive influence of person-organization congruence, we contend that the education a successor received affects the successor’s person-organization value congruence. Specifically, compared to authoritative education, democratic education has a positive effect on person-organization value congruence; compared to foreign education, local education has a positive effect on person-organization value congruence; and compared to scientific major, arts major has a positive effect on employee-organization value congruence. An analysis of 137 family firms provides general support for our hypotheses.

Date of Award	30 Dec 2019
Original language	Chinese (Traditional)
Awarding Institution	City University of Hong Kong
Supervisor	Haibin YANG (Supervisor) & Changjiang LYU (External Supervisor)