Corporate Succession

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Corporate succession is the transfer of ownership and management rights to the next generation of managers for the business status of the company continues. Succession methods are divided into two types: ownership succession and management succession. Succession targets can be divided into family succession, professional management succession, and M&A. Succession of a family business is not simply the inheritance of wealth, but the inheritance of responsibility and the second generation of entrepreneurship. Corporate succession is an important factor in determining the fate of a company whether it will be sustainable, undergo a second revival, or exit the market.

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