Title :
Notice of Retraction
The Impact and Countermeasure Study of the World Economic Crisis on Chinese Family Business
Author :
Jiang Jun ; Hu Shaolong
Author_Institution :
Manage. Dept., Wuhan Univ. of Sci. & Eng., WuHan, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE\´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
At the end of 2007, subprime mortgage crisis broke out in America, and then it gradually evolved into global economic crisis and spread to other countries. The international financial situation has been deteriorating sharply and has rapidly evolved into the most serious international economic crisis since the "Great Depression" of last century. Export trade, as the important support of China\´s economy, was affected inevitably and greatly, among which small and medium enterprises suffered most. Since most of the small and medium-sized enterprises in our country are family enterprises, some related theories are given in this paper to analyze how the global economic crisis influences the small and medium-sized family enterprises, and it also analyzes how, in the situation of economic crisis, we can solve problems for the further development of family enterprises and some suggestions will be given at last.
Keywords :
economic cycles; financial management; international trade; mortgage processing; small-to-medium enterprises; Chinese family business; export trade; small to medium enterprise; subprime mortgage crisis; world economic crisis; Companies; Economics; Industries; Loans and mortgages; Merchandise; Production; development; economic crisis; family enterprises; opportunity;
Conference_Titel :
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-0-7695-3997-3
DOI :
10.1109/ICEE.2010.757