The Changing and Development of Malaysian Chinese Family Business Management Model in a New Era -- A Case Study on Ann Joo Resources Berhad

Abstract

The economic miracles that created by the Chinese family business are widely concerned by the academic circle. This article narrates the characteristics of the management styles applied by the Chinese families business in Malaysia and highlights the progressive transformations in a new era. The management models adopted by the Malaysian Chinese business are known as unification of ownership and management rights, patriarchal leadership style, hierarchical and sequential management, intergenerational succession and a harmonious management model. With the economic development, the continuous improvement of technology of a new era, there are some changes too undergone by the Chinese family business. This article analyzes a specific case study—Annjoo Resource Berhad to verify the conclusion. Malaysian Chinese family business is revitalized and shine forth with a new radiance with its legacy and development.