Family businesses’ succession in posttransition countries

نویسندگان

چکیده

Succession is a very complex process and critical phase in the life cycle of family business. Finding successor ownership management one most demanding succession challenges, especially since younger generations have little interest or intention joining their parents’ businesses. The action research was conducted to expand our understanding owners’ attitudes behaviors toward factors influencing successors’ decision enter also addresses applicability informal formal governance mechanisms business post-transition countries. findings show importance dimension emotional aspects theoretical hypotheses developed form basis for future confirmatory implications key stakeholders support infrastructure institutions involved

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Strategic management in private and family businesses

This Special Issue, taking five years to come to fruition, presents the latest research on strategic management in private and family businesses in Asia Pacific regions. Asia Pacific societies have a long history of private and family businesses. For example, a Chinese classic, Records of the Grand Historian (known by its Chinese name Shiji, which was written from 109 BC to 91 BC), includes a c...

متن کامل

Understanding Small Family Business Succession in a Knowledge Management Perspective

Business succession in family firms has been one of the most investigated topics through theoretical, empirical and anecdotal studies (Brockhaus, 2004; Sharma, 2004; and Ward, 2004). However, we argue that this bulk of literature seems to neglect the role of the most intangible source of competitive advantage of firms: knowledge. At the same time, small family firms, although representing most ...

متن کامل

Impact of Family Business Characteristics on Succession Planning: A Case Study in Tehran Industrial Towns

Successor planning process in family businesses is recognized as one of the most important phases of family business lifecycle. Family businesses play a vital role in developing regional and global economy and fuel the creation of new jobs, new business growth and increase in entrepreneurial activities. In this study, it was attempted to investigate the impact of family business characteristics...

متن کامل

Firm Performance, Entrenchment and Managerial Succession in Family Firms

This paper investigates whether the family status of a company’s top officer affects managerial replacement decisions in UK firms. We report evidence that family firms are characterized by higher levels of board control and weak internal governance in the form of independent company board structures. Consistent with a managerial entrenchment hypothesis, we find evidence that family CEOs are les...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Management : Journal of Contemporary Management Issues

سال: 2022

ISSN: ['1331-0194', '1846-3363']

DOI: https://doi.org/10.30924/mjcmi.27.2.3