The Essence of China's Family Business Intergenerational Inheritance: Control Rights Transmission

Intergenerational inheritance is one of the most difficult challenges in the course of growing up of family business.The essence of family business intergenerational inheritance is the control rights inheritance.Based on the analysis of the influencing factors of family business control rights transmission and transmission mode,The paper held that the family business should adopt the four aspects to mitigate the stress of inter-generational succession of family business in the process of control rights transmission,which should slow down transmission speed,stratify to hand over,improve rules and regulations,establish a rational incentive and restraint mechanisms.