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by adriantam
2356 days ago
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Passing on the business to sons and daughters is the habit of the East Asia, as well as the reason for businesses to fail. I am from Hong Kong and we keep laughing at a handful of local banks of staying in the 1960s for this reason. Similarly in Japan, but they find a brilliant way to work around this tradition: Business owners adopt adults as sons so that they can pass on the company to the right hands. |
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