Family Resemblances: The Family Controlled Company in Asia

18 Pages Posted: 6 May 2008 Last revised: 27 May 2008

Abstract

Perhaps the most notable characteristics of overseas Chinese business enterprises, large and small, is the use of the family controlled company. A question which has been asked, quite legitimately, is whether Asian businesses should have a new and unique form of business vehicle, better suited to family controlled companies. The conclusion of this article is that the family controlled company is the rule in most of the world. Across jurisdictions its characteristics are remarkably similar. Accordingly, legal devices prevalent in many western jurisdictions, especially those addressing dispute resolution, could be adopted to Asian uses.

Keywords: family controlled companies, Asia

JEL Classification: K22

Suggested Citation

Jordan, Cally E., Family Resemblances: The Family Controlled Company in Asia. U of Melbourne Legal Studies Research Paper No. 334. Available at SSRN: https://ssrn.com/abstract=1128048 or http://dx.doi.org/10.2139/ssrn.1128048

Cally E. Jordan (Contact Author)

Melbourne Law School ( email )

University Square
185 Pelham Street, Carlton
Victoria, Victoria 3010
Australia

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