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Interaction between Chinese Family Business and Cultural Differences in Malaysia

Family business inheritance among the Chinese community is a tradition that is known by the business community worldwide. Thus, a family business among the Chinese community in Malaysia is common. In fact, the inheritance of this business provides a unique and exciting dimension to be investigated....

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Main Authors: Iskandar Hasan Tan Abdullah, Muhammad Syahmizan Azmi, Sakinah Mat Zin, Lim Soo Chee, Nur Azuki Yusuff
Format: Non-Indexed Article
Published: 2014
Online Access:http://discol.umk.edu.my/id/eprint/8200/
http://www.ccsenet.org/journal/index.php/ass/article/view/36497/20507
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spelling my.umk.eprints.82002022-05-23T10:25:51Z http://discol.umk.edu.my/id/eprint/8200/ Interaction between Chinese Family Business and Cultural Differences in Malaysia Iskandar Hasan Tan Abdullah Muhammad Syahmizan Azmi Sakinah Mat Zin Lim Soo Chee Nur Azuki Yusuff Family business inheritance among the Chinese community is a tradition that is known by the business community worldwide. Thus, a family business among the Chinese community in Malaysia is common. In fact, the inheritance of this business provides a unique and exciting dimension to be investigated. The paper explores the empirical evaluation on the influence of family business inheritance among the Chinese; who managed to overcome obstacles and conflicts through discussions and negotiations. Using a correlation test to examine the effect of inheritance in a family business among the Chinese, the study stress on the variables such as power distance, uncertainty avoidance, and masculinity vs. femininity, individualism vs. collectivism, time orientation and impact on value dimension. In addition, factor analysis and regression testing are also used to determine the main determinant factor in the family business inheritance among the Chinese community. Primary data were collected from August to October 2011 using questionnaires. Meanwhile, secondary data were gathered through library research and interviews with Chinese traders on the East Coast of Malaysia. From the qualitative study, it is found that the main reasons for refusal to inherit the family business among the younger Chinese generation is due to jobs that offer the lucrative wages as compared to profits earned in the family business. Job status, educational level and age are also the factors that influence the younger Chinese generation not to inherit the family business 2014 Non-Indexed Article NonPeerReviewed Iskandar Hasan Tan Abdullah and Muhammad Syahmizan Azmi and Sakinah Mat Zin and Lim Soo Chee and Nur Azuki Yusuff (2014) Interaction between Chinese Family Business and Cultural Differences in Malaysia. Asian Social Science, 10 (10). pp. 118-126. ISSN 1911-2025 http://www.ccsenet.org/journal/index.php/ass/article/view/36497/20507
institution Universiti Malaysia Kelantan
building Perpustakaan Universiti Malaysia Kelantan
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Kelantan
content_source UMK Institutional Repository
url_provider http://umkeprints.umk.edu.my/
description Family business inheritance among the Chinese community is a tradition that is known by the business community worldwide. Thus, a family business among the Chinese community in Malaysia is common. In fact, the inheritance of this business provides a unique and exciting dimension to be investigated. The paper explores the empirical evaluation on the influence of family business inheritance among the Chinese; who managed to overcome obstacles and conflicts through discussions and negotiations. Using a correlation test to examine the effect of inheritance in a family business among the Chinese, the study stress on the variables such as power distance, uncertainty avoidance, and masculinity vs. femininity, individualism vs. collectivism, time orientation and impact on value dimension. In addition, factor analysis and regression testing are also used to determine the main determinant factor in the family business inheritance among the Chinese community. Primary data were collected from August to October 2011 using questionnaires. Meanwhile, secondary data were gathered through library research and interviews with Chinese traders on the East Coast of Malaysia. From the qualitative study, it is found that the main reasons for refusal to inherit the family business among the younger Chinese generation is due to jobs that offer the lucrative wages as compared to profits earned in the family business. Job status, educational level and age are also the factors that influence the younger Chinese generation not to inherit the family business
format Non-Indexed Article
author Iskandar Hasan Tan Abdullah
Muhammad Syahmizan Azmi
Sakinah Mat Zin
Lim Soo Chee
Nur Azuki Yusuff
spellingShingle Iskandar Hasan Tan Abdullah
Muhammad Syahmizan Azmi
Sakinah Mat Zin
Lim Soo Chee
Nur Azuki Yusuff
Interaction between Chinese Family Business and Cultural Differences in Malaysia
author_facet Iskandar Hasan Tan Abdullah
Muhammad Syahmizan Azmi
Sakinah Mat Zin
Lim Soo Chee
Nur Azuki Yusuff
author_sort Iskandar Hasan Tan Abdullah
title Interaction between Chinese Family Business and Cultural Differences in Malaysia
title_short Interaction between Chinese Family Business and Cultural Differences in Malaysia
title_full Interaction between Chinese Family Business and Cultural Differences in Malaysia
title_fullStr Interaction between Chinese Family Business and Cultural Differences in Malaysia
title_full_unstemmed Interaction between Chinese Family Business and Cultural Differences in Malaysia
title_sort interaction between chinese family business and cultural differences in malaysia
publishDate 2014
url http://discol.umk.edu.my/id/eprint/8200/
http://www.ccsenet.org/journal/index.php/ass/article/view/36497/20507
_version_ 1763303950143979520
score 13.211869

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