Pruning the Family Tree: An Unexplored Path to Family Business Continuity and Family Harmony
研究了家族企业为何及如何通过“修剪家族树”简化所有权、治理和管理结构，从而促进家族和谐与企业绩效，为面临家族复杂性问题的企业提供新思路。
It is assumed that over the generations family businesses inevitably face greater family complexity. The increasing family complexity can have repercussions for the family and the business. To counteract these negative effects of an increase in family complexity, it has been recommended that business families utilize conventional family and corporate governance methods. Pruning the family tree is an alternative method of handling family complexity. However, this alternative way has been largely ignored in research. This article explores the research question: Why and how do business families prune the family tree, thus simplifying the ownership, governance, and/or management structures of the family business? The research findings indicate that introducing simplicity by pruning can be a worthwhile path to family harmony and business performance and that there is no contradiction between pruning the family tree and governance of the family and the business.