The Legal Aspects of Family Business Succession Planning In Indonesian Economy

Mandiana, Sari and Suhartati, Suhartati (2006) The Legal Aspects of Family Business Succession Planning In Indonesian Economy. In: 1st International Entrepreneur and Family Business Association, 20-21 November 2006, Bali.

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Family business success plays very important role in Indonesian economy. It has been suspected that most of the gigantic companies which have become multi-national corporations started as small family businesses. Why do family business companies able to maintain their existence while countries are experiencing economical crisis? This is caused by 110 other reason that strong culture and characteristics that bind the family business system. The characteristics which concerns lifetime memberships and sense of belonging. supported by the harmonization of business values and the business characteristic which especially embraces innovative chance. will sustain global economics. Indonesia's commitment as a member of the WTO is to always proactively directs trade liberation current by optimizing it and minimizing risks. not only on legal aspect. but also on deregulation and debureaucratization. Another policy primarily focuses on increasing competitiveness and plus values for companies which are appropriate and able to be globalized through innovation options actually posessed by family businesses.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: family business, family and business values harmonization, legal aspect, global company.
Subjects: K Law > K Law (General)
Depositing User: Suhartati, S.H., M.Hum. 203015
Date Deposited: 23 Jul 2014 02:18
Last Modified: 24 Mar 2021 14:53

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