Chinese Family Business and the Equal Inheritance System by Zheng Victor;

Author:Zheng, Victor;
Language: eng
Format: epub
Tags: Economics, Finance, Business & Industry
Publisher: Taylor & Francis Group
Published: 2009-12-17T00:00:00+00:00

When the question ‘Can the second generation still maintain a harmonious and amicable relationship like the previous generation?’ was presented to F1 and his son, both of them replied that they have confidence in upholding their close connections. F1’s son said,

We played together when we were young. We studied in the same primary and secondary school recommended by the same well-known local educator. Although I went to Canada after finishing secondary school, and my cousin went to the States, we still kept in close contact. Then, we worked together in the company. We took charge of different departments and thus had different responsibilities. We met frequently. When we had disputes, we would discuss openly. I think, even when the old people are no longer around, we will maintain the status quo. I do not think we will separate our partnership.

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