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Characteristics of family-owned businesses in asia

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-What are some general characteristics of family-owned businesses in Asia? How is the way the Harilela family operates similar or different from the characteristics listed above?

-Consider the Harilelas' corporate strategy. What are the merits of the management contract system versus the franchise system?

-Consider the Harilelas' funding strategy. What are the pros and cons of remaining a private company? What benefits and costs are associated with going public?

-Consider the Harilelas' HR strategy. How is it different from that of a multinational or a large nonfamily business?

-What are the corporate governance issues of a family-owned business?

-What should the Harilela family do next in terms of succession?

-If Aron does finally assume leadership of the family business, what potential minefields may he have to navigate?

-What challenges he might face and what should he do

-What advice would you give Aron?

Reference no: EM133089657

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