1.
family management; family-run business
A form of corporate management in which the founding family or their relatives hold controlling positions and ownership. Common in both small businesses and large corporations in Japan.
この会社は同族経営だ。
This company is family-run.
同族経営には良い面も悪い面もある。
Family management has both good and bad aspects.
日本の老舗には同族経営を続けている企業が多い。
Among Japan's long-established businesses, many continue as family-run enterprises.
A compound of 同族 (same clan/family) and 経営 (management, business operation). Refers to businesses where the founding family retains control through ownership and key management positions.
COMMON COLLOCATIONS:
- 同族経営の会社: family-run company
- 同族経営を続ける: to continue family management
- 同族経営の問題点: problems of family management
- 同族経営から脱却する: to break away from family management
CULTURAL NOTE:
Many of Japan's largest corporations, including Toyota, Suntory, and numerous 老舗 (long-established businesses), are or were 同族経営. Japanese business culture has a strong tradition of family succession, though modern corporate governance reforms have pushed for more professional management.
RELATED TERMS:
- 同族企業: family-owned company — similar term focusing on ownership
- 家族経営: family-run — more for small businesses
- 世襲: hereditary succession
- 老舗: long-established business