研究
Research

Introduction

The Center aims to conduct quality academic research on Asian family businesses and entrepreneurship. It organizes research symposiums where related research papers from HKUST and other world-leading institutions are presented. Given the focus on ethnic Chinese family businesses, the Center conducts ongoing research to investigate the unique characteristics of these firms. Our faculty members have published widely in the area of family business in top-tier and family business specific journals. They have been called upon to share their insights in international conferences.

Ongoing Projects

The Center conducts family business research with a multi-disciplinary focus. Our faculty members are interested in a number of areas such as entrepreneurship, governance, succession, finance, accounting, family dynamics, management, and strategy. Currently, the Center is working on the following projects:

  • Century-old ethnic Chinese family businesses
  • Overseas Chinese and Jewish diasporas: A comparative study
  • Family office as the glue to keep the family together

The Center welcomes proposals for collaboration on family business research. Please contact us at afbes@ust.hk.

Academic Publications

Research Paper

  • King, R., Peng, W.Q., Stewart, C. (2017). Family office: the Eastern approach. The International Family Offices Journal, 3, 27-32.
  • Chen, T.Y., Dasgupta, S., Yu, Y. (2014). Transparency and financing choices of family firms. Journal of Financial and Quantitative Analysis, 49(2), 381-408.
  • King, R., Peng, W.Q. (2013). The effect of industry characteristics on the control longevity of founding family firms. Journal of Family Business Strategy, 4(4), 281-295.

Book Chapters

  • Peng, W.Q., Li, M.X. (2015). Chinese family business succession report (Hong Kong SAR). In Family Business Committee of the China Private Economy Research Team (Eds.), Chinese Family Business Succession Report (pp.38-49). . Beijing, China: China CITIC Press.
  • Peng, W.Q. (2015). Sun Hing: Keeping the family together through philanthropy. In Family Business Committee of the China Private Economy Research Team (Eds.), Chinese Family Business Succession Report (pp.153-163). Beijing, China: China CITIC Press.
  • King, R., Peng, W.Q. (2015). Chinese family business: A thing of the past? In Family Business Committee of the China Private Economy Research Team (Eds.), Chinese Family Business Succession Report (pp.257-262). Beijing, China: China CITIC Press.

Working Papers

  • Prof. Winnie Peng, Dr. Dennis T. Jaffe (2018). From Village to Global in Little More than a Generation: The First Two Generations of Mainland China Family Enterprises. MA, United States: Wise Council Research.

Industry Reports

Research Paper

  • King, R., Peng, W.Q., Stewart, C. (2017). Family office: the Eastern approach. The International Family Offices Journal, 3, 27-32.
  • Chen, T.Y., Dasgupta, S., Yu, Y. (2014). Transparency and financing choices of family firms. Journal of Financial and Quantitative Analysis, 49(2), 381-408.
  • King, R., Peng, W.Q. (2013). The effect of industry characteristics on the control longevity of founding family firms. Journal of Family Business Strategy, 4(4), 281-295.

Book Chapters

  • Peng, W.Q., Li, M.X. (2015). Chinese family business succession report (Hong Kong SAR). In Family Business Committee of the China Private Economy Research Team (Eds.), Chinese Family Business Succession Report (pp.38-49). . Beijing, China: China CITIC Press.
  • Peng, W.Q. (2015). Sun Hing: Keeping the family together through philanthropy. In Family Business Committee of the China Private Economy Research Team (Eds.), Chinese Family Business Succession Report (pp.153-163). Beijing, China: China CITIC Press.
  • King, R., Peng, W.Q. (2015). Chinese family business: A thing of the past? In Family Business Committee of the China Private Economy Research Team (Eds.), Chinese Family Business Succession Report (pp.257-262). Beijing, China: China CITIC Press.

Industry Reports

Cases

In collaboration with the Thompson Center for Business Case Studies, the Center produces cases on ethnic Chinese family businesses and uses them in teaching the programs. The case method forces family members to grapple with exactly the kinds of decisions and dilemmas they confront, in the family or in the business context. The case method creates an environment in which family members not only simply absorb facts and theories, but also exercise the skills of leadership and teamwork in the face of real problems. Under the guidance of a faculty member, participants from the same or different families work together to analyze and synthesize conflicting data and points of view, to define and prioritize goals, to persuade and inspire others who think differently, to make tough decisions with uncertain information, and to seize opportunity in the face of doubt. Below is a select list of cases in family businesses and entrepreneurship produced by HKUST academics:

Crown Worldwide Holdings Ltd.: Passing the Torch in a Family Business
Case Study
Harilela Enterprises: Passing the Torch in a Family Business
Case Study
Transformation from Hi-Tech to Food and Beverage: the Chevalier iTech Story
Case Study
The Jebsen Group - the Next Hundred Years as a Family Business
Case Study
Chevalier Group: Using a Private Equity"Style"Strategy to Maximize a Listed Company's Value
Case Study on Harvard Business Publishing
Marketing, Rebranding and Repositioning of a Hong Kong Hospitality Group: Langham Hospitality Group
Case Study
Sun Hing: Keeping the Family Together through Philanthropy
Case Study on Harvard Business Publishing
Lee Kum Kee: Female Succession in Family Business
Case Study on Harvard Business Publishing
Pacific Coffee: Preaching the Real Soul of the Coffee Culture
Case Study