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家族企业的治理方式具有契约治理与关系治理并存的特点,契约治理是企业组织的本质要求,而关系治理则来自以血缘为纽带的家族成员间信任关系。现阶段关系治理在我国家族企业中的优势依然突出,这是家族企业为减少信息不对称、降低交易费用的理性选择,也是家族自身不断强化其家族势力的结果。但随着家族企业发展壮大,关系治理会逐渐丧失这种优势。
The governance of family-owned enterprises has the characteristics of coexistence of contractual governance and relational governance. Contractual governance is the essential requirement of enterprise organization, while the relational governance comes from the trust relationship of clan members. At this stage, the advantages of relationship management in Chinese family-owned enterprises are still outstanding. This is the rational choice of family-owned enterprises to reduce information asymmetry and reduce transaction costs. It is also the result of the family itself continuously strengthening its family forces. But with the growth of family-owned businesses, relationship governance will gradually lose this advantage.