Significant challenges of Filipino-Chinese family businesses during the succession process
Date of Publication
2013
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Business Management
Subject Categories
Business Administration, Management, and Operations
College
Ramon V. Del Rosario College of Business
Department/Unit
Business Management
Thesis Adviser
Raymond Paderna
Defense Panel Member
Marvin Norona
Abstract/Summary
The Filipino-Chinese culture is known for keeping the family business within the family, but only a small fraction of them have been observed to successfully survived the transition of a business from one generation to another. Understanding the factors affecting the transition phase is important for the successful survival of these family businesses. Four companies were chosen as respondents, namely Hobee Packaging Corporation, Amazon Manufacturing Corporation, Champion Glue Incorporated, and Robert Brown Wear Corporation. Personal interviews and survey were used for collection of data while case method was use for the analysis of them. Results showed that pressure was the most prevalent challenge faced by these companies during the succession process, issues on control and communications came in second and third place respectively, while conflicts of interest was found to be the fourth most prevalent challenges. Each of these challenges had different impacts in terms of the familiness, ownership, and management of a family business. A succession planning model was produced in order to guide future family businesses who might experience the same kind of succession dilemmas. This step by step recommendation will help ensure that these family businesses are on the right track towards a successful management transition.
Abstract Format
html
Language
English
Format
Accession Number
TU18273
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
vii, 114 leaves : illustrations (some colored) ; 28 cm.
Keywords
Family corporations--Management; Family-owned business enterprises--Succession
Recommended Citation
Hernandez, P., Hsu, J., Ouyang, J., & Tanhui, J. (2013). Significant challenges of Filipino-Chinese family businesses during the succession process. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/11483
