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The Relational Between the Family Business's Top Management Team Trust and Strategic Decision |
Li Yanshuang1,Jiao Kangle1,Liu Sha2 |
1.School of Economics and Management, Hebei University of Technology, Tianjin 300400,China;2.Vocational and Technical College of Inner Mongolia Agricultural University, Baotou 014109,China |
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Abstract The research uses a multi case study method, selects the case study object to carry out in-depth interviews, and analyzes the data. Based on the existing domestic and foreign research results, using NVivo10 qualitative analysis software for data analysis, our study indicates that in different stages, because of the different composition of top management team, the relationship among top management members of family business determines the establishment and maintenance of the trust, shows the different family business's top management team trust type, and the rational trust is more conducive to the sustainable development of family business. Besides, the type of the family business's top management team trust determines the decision participation and decision interaction of the top management team, and then affects the decision quality and commitment.
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Received: 14 September 2016
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Corresponding Authors:
Li Yanshuang
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