A Black Swan in Malaysian Chinese Family Business Succession: A Case Study

This article explores the impact of highly improbable in a transgenerational succession Malaysian Chinese family business. Through an exploratory case study business, Black Swan was identified, arising from unexpected changes Findings show that predecessor did not expect his children; successors, to take over as successors were being groomed pursue professional careers. twist events, able and manage causing future this demonstrates theory may be applicable process succession, significant small is based on one study. Hence, it should noted judged transferability, generalizability. shows successful without any long-term preparation before transition possible. Education plays important role strengthening one’s entrepreneurial skills. then facilitates cross-generational innovation successfully generating notable growth