Asian Family Businesses

Download or read book Asian Family Businesses written by Annie Koh and published by World Scientific Publishing Company. This book was released on 2020-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy is predominantly driven by family businesses that provide the largest source of long-term employment in most countries. In the Asian region, family members amongst the 60% of large corporations own a significant share of the equity and can influence key decisions. This phenomenon sets the family enterprises with various challenges and opportunities as any other non-family run enterprises but in a more complex dimension. This book presents a collection of cases that addresses three key challenges faced in many of the family enterprises in Asia; Succession, Governance and Innovation. The narration of the cases also offers reader tips about good practices among the Asian families such as effective family governance mechanism, development of innovation and entrepreneurial mindsets across generations, importance of family culture. This case book is essential reading for anyone interested in addressing the needs of business families in the region.