(どうぞくけいえい)

どうぞくけいえい
noun
family management; family-run business
formalbusiness
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(かいしゃ)同族経営(どうぞくけいえい)だ。
This company is family-run.
同族経営(どうぞくけいえい)()(めん)(わる)(めん)ある
Family management has both good and bad aspects.
Among Japan's long-established businesses, many continue as family-run enterprises.

A compound of 同族(どうぞく) (same clan/family) and 経営(けいえい) (management, business operation). Refers to businesses where the founding family retains control through ownership and key management positions.

Common collocations

Cultural note

Many of Japan's largest corporations, including Toyota, Suntory, and numerous 老舗(しにせ) (long-established businesses), are or were 同族経営(どうぞくけいえい). Japanese business culture has a strong tradition of family succession, though modern corporate governance reforms have pushed for more professional management.

Related words