Tradition and Transformation in a Chinese Family Business

List of contents

List of figures
List of tables
Acknowledgements
Notes
Part I
1 Introduction
2 Politics, economy, and society of post-war Hong Kong
3 A life history of Fong
4 To produce or to die: the development of Fong’s manufacturing business
5 Beyond manufacturing: the development of Fong’s showroom business
6 From a manufacturer to a brand: the development of Fong’s retail business
Part II
7 Jan cing mei management
8 The crises
9 The transformers and the transformation
10 The eternal return of the Chinese boss
11 Conclusion
References
Glossary
Index

About the author

Heung Wah Wong is Associate Professor in the School of Modern Languages and Cultures at the University of Hong Kong.
Karin Ling-Fung Chau is a MPhil/PhD student in the Department of Culture, Media and Creative Industries at King’s College London.

Summary

Family businesses have been an important part of the economy in Hong Kong, Taiwan, Singapore, and in the Chinese diaspora, and, since the reforms, in mainland China itself. Some people have argued that the success of Chinese family businesses occurs because of the special characteristics and approach of such businesses. This book examines the nature of Chinese family business and the key issues involved by exploring in detail the case of a leading Hong Kong jewellery company which was established in the early 1960s and which has grown to become one of the biggest jewellery manufacturers, exporters, and retailers in post-war Hong Kong. The book considers the motivations of Chinese people to set up their own businesses, outlining the strategies adopted, including the strategies for raising capital, and the qualities of successful Chinese entrepreneurs. It discusses the management of the company, including relations between family members, profit sharing and succession planning, and assesses how conflict and crises are coped with and overcome. It charts the evolution of the company, looking at how it has been transformed into a listed corporation. The book concludes by arguing for the importance of studying Chinese family businesses culturally.

Product details

• Authors: Karin Ling-Fung Chau, Heung Wah Wong, Heung Wah Chau Wong, Heung-Wah Wong, Heung-Wah Chau Wong
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 31.05.2019
• EAN: 9781138914841
• ISBN: 978-1-138-91484-1
• No. of pages: 248
• Series: Routledge Culture, Society, Business in East Asia Series; Routledge Culture, Society, Business in East Asia Series
• Subjects: Social sciences, law, business > Business > Management; Economics, Asia, Small businesses & self-employed, SOCIAL SCIENCE / Regional Studies, BUSINESS & ECONOMICS / Small Business, Society & culture: general, International business, Sociology: family & relationships, Regional Studies, Regional / International studies, Society and culture: general, Small businesses and self-employment, Sociology: family and relationships, Business mathematics & systems, Development Studies, Business mathematics and systems