Family business in Southeast Asia and Indonesia

Pekerti, A., Kastelle, T., Steen, J. and Pekerti, A. (2009). Family business in Southeast Asia and Indonesia. In: Reshaping the Boundaries of the Firm in an Era of Global Interdependence. 35th European International Business Academy Conference 2009, Valencia, Spain, (1-32). 13-15 December, 2009.

Author Pekerti, A.
Kastelle, T.
Steen, J.
Pekerti, A.
Title of paper Family business in Southeast Asia and Indonesia
Conference name 35th European International Business Academy Conference 2009
Conference location Valencia, Spain
Conference dates 13-15 December, 2009
Convener University of Valencia
Proceedings title Reshaping the Boundaries of the Firm in an Era of Global Interdependence
Place of Publication Valencia, Spain
Publisher University of Valencia
Publication Year 2009
Year available 2009
Sub-type Fully published paper
Start page 1
End page 32
Total pages 32
Collection year 2010
Language eng
Abstract/Summary In this paper we put forth the Overseas Chinese Family Business (OCFB) as a distinct business type and more recently as a multinational enterprise. Three important factors are presented as contributing to the rise and success of OCFB in the Southeast (S.E.) Asian region, namely, culture, paternalism, a bounded environment and the interaction of these factors, which in turn leads to familism and networking practices. This paper, therefore, addresses a gap in the literature that links culture to the dimensions of societal institutions and behaviors, including how environmental factors influence behaviors. Despite predictions that the OCFB may not be able to continue its familism practices, we argue that these practices will persist, at least in the S.E. Asian Region and in particular Indonesia since the conditions that fostered the OCFB still exist. The implications of these factors are discussed with regard to the future of the OCFB in the S.E. Asian Region.
Subjects E1
910402 Management
150308 International Business
Q-Index Code E1
Q-Index Status Confirmed Code

 
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Created: Wed, 24 Mar 2010, 18:04:32 EST by Karen Morgan on behalf of UQ Business School