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家族企业中成功继承的危险性外文翻译
外文翻译
原文
Succeeding in the family business can be a hazardous affair
MateriaSource:ChinaDaily Updated:2010-03-01Author: Jean Lee
Over the past two centuries, family enterprises have made great contributions to the growth of wealth and creation of job opportunities in many countries, becoming the dominant economic elements of developing and developed economies.
According to the China Private Economy Development Report released by the All-China Federation of Industry Commerce in 2006, private economy accounted for around 65 percent of Chinas gross domestic product GDP in 2005 and provided 84.1 percent of job opportunities in second and third-tier industries. Furthermore, the tax revenue of private companies has been more than 70 percent of the fiscal revenue of many places where 70 percent of the private economy is made up of family enterprises.
However, its estimated that only 30 percent of family enterprises will continue successfully in the hands of the second generation and only 14 percent survive into the third generation. An EU research paper quoted by Herbert Neubauer in the book The Dynamics of Succession in Family Businesses in Western European Countries said there would be obstructions, including organizational and individual barriers, when family enterprises are handed down to the next generation. If that is true, the feasibility of business transfer should be fully considered in order to avoid the potentially fatal risks brought by such obstacles to family enterprises.
The barriers
Organizational barriers include outdated products and services, the inappropriate scale of the enterprise and obsolete management and organizational structures. Indeed, the barrier created by a specific individual is the key area to be addressed in the succession process. The main complaint or problem caused by this is that the successors are inexperienced in business and management。The journalist Sharon Nelton, who h
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