Alibaba founder Jack Ma has revealed plans for succession, the culmination of decade-long preparation. How can other companies follow his example?

Clear disclosures about the effect of major new accounting standards, alongside better linkage between strategy, KPIs and remuneration, are areas under the gaze of the Financial Reporting Council.

Many family businesses in China are still controlled by their original founders, and yet research shows that only 22% have succession plans in place. To ensure longevity, there are five challenges that they should master.