Forbes Survey: Chinese Family Business &Nbsp; Nearly Half As "Husband And Wife Shop"

How big is the family business in China's listed companies? A few days ago, Forbes, a well-known American financial magazine, released a report on China's family businesses.

By the end of September 30, 2011, there were 2272 listed companies in China's Shanghai and Shenzhen stock markets, 1268 private enterprises, 460 of which were family businesses, accounting for 20.2% of the total number of listed companies.

Forbes's report shows that the relationship between husband and wife is the most important relationship among Chinese family businesses, reaching 209, which is close to half of the 460 family businesses.

In last year's survey, there were only 110 family businesses.

In addition, Forbes pointed out that under the influence of China's family planning policy, the strength of son-in-law is rising.

Look at the field

Manufacturing industry is the favorite of family businesses.

Which areas are most favored by family businesses?

In the survey report of Chinese family business, Forbes pointed out that family businesses like to enter the manufacturing industry most.

Of the 460 listed family businesses in this statistics, 53 of the traditional chemical industry enterprises are the industries with the largest number of family businesses.

Forbes believes that family enterprises are easy to enter the industries with low threshold and fierce competition, so the proportion of distribution in chemical industry, metal processing, machinery manufacturing and other industries is relatively high.

Look at the location

Family businesses are concentrated in Guangdong, Zhejiang and other places.

According to the survey, the most concentrated areas of family businesses are traditional commercial provinces - Guangdong, Zhejiang and Jiangsu, which account for 53.3% of the total family businesses.

In addition, Shenzhen is the largest city of listed family businesses, and 48 family businesses listed on the A share account for nearly half of the total number of Guangdong provinces, far exceeding the "North going wide".

In Zhejiang, the capital city of Hangzhou, the number of family businesses listed on A shares has reached 23, exceeding Beijing (21) and Shanghai (21).

Distribution of family businesses in China

Guangdong 101

Zhejiang 91

Jiangsu 53

Beijing 21

Shanghai 21

Look at the relationship

The strength of son-in-law is rising.

Taking the top 10 shareholders of the company, the top 10 tradable shareholders, and directors, supervisors and senior managers as the standard, the family business relationship was carded out in this report.

Among them, the relationship between husband and wife is the most, reaching 209 enterprises.

The next step is brotherhood, father son / mother child relationship, and they become the most important family relationship.

For reasons, "Forbes" analysis pointed out that during the start-up period of many private enterprises, entrepreneurs who are most able to get entrepreneurial support are undoubtedly the couple and brothers who are similar to their own age and believe in the highest degree of mutual trust.

For the successors of family businesses, Forbes believes that the strength of son-in-law is rising.

Under the influence of the family planning policy, there is no shortage of only child in China's "rich two generation".

In this year's family business, there are 19 son-in-law with actual controllers in the company as directors, general managers, and even senior positions such as chairman.

However, the report also pointed out that the second generation of family businesses is not as good as the first generation.

Family business relationship

209 couples

153 brotherhood

Father son / mother child relationship 148 families

Small links

This is the second time that Forbes has launched a survey of Chinese family businesses, including private enterprises listed in Shanghai and Shenzhen.

Forbes deeply studied the operation of these enterprises, the family relationship between shareholders and senior managers, and the related situations of enterprise inheritance.