Chapter 5 Extending Cross-gender Succession Theories: Mother–Son Succession in Family Business

Author(s):  
Claire Seaman ◽  
Susanne Ross ◽  
Richard Bent
2006 ◽  
Vol 19 (3) ◽  
pp. 235-250 ◽  
Author(s):  
Jun Yan ◽  
Ritch Sorenson

This article examines Confucian values and their effect on family business succession. Several implications are drawn. One of these is that Confucianism places family business in a social context in which the interpersonal relationships inside and outside the business family are subject to a variety of environmental influences. Examining family firms in their social context provides more complete understanding of the dynamics underlying choices and activities in family firms.


2013 ◽  
Vol 36 (3) ◽  
pp. 256-277 ◽  
Author(s):  
Matthias Filser ◽  
Sascha Kraus ◽  
Stefan Märk

1994 ◽  
Vol 7 (2) ◽  
pp. 133-157 ◽  
Author(s):  
Wendy C. Handler

This paper reviews the research to date on succession in the field of family business management. Five streams of research are highlighted: (1) succession as a process, (2) the role of the founder, (3) the perspective of the next generation, (4) multiple levels of analysis, and (5) characteristics of effective successions. Gaps in the literature and future research directions are also presented.


1995 ◽  
Vol 8 (2) ◽  
pp. 131-155 ◽  
Author(s):  
Jeffrey A. Barach ◽  
Joseph B. Ganitsky

2020 ◽  
Vol 11 ◽  
pp. 38-53
Author(s):  
Łukasz Trembaczowski

The article is devoted to the problem of succession in family business in the perspective of class positions’ reproduction. The analysis of succession is carried out with reference to Pierre Bourdieu’s theory, particularly in relation to reconstruction entrepreneurs’ class position withingradationally-relational model of social structure, description of economic field transformation and role played by entrepreneurs in that process, analysis of modal trajectories of entering the economic field and to strategies and forms of capitals reconversion. Transfer of capitals was entangled within model of transmission of knowledge, power and ownership in family enterprises. Succession next to starting own enterprise must be seen as one of dominant strategies for social position reproduction within a possessing class fraction. Those two ideal-type strategies can be mixed in practice of position reproduction and lead to hybridized forms of family business and new enterprise. Class position  reproduction however, can lead also outside possessing class fraction to those richer in cultural rather than economic capital. Analysis of succession cannot therefore be limited to family business only but must be considered with reference to wider context of reproduction of social structure.


Paradigm ◽  
2019 ◽  
Vol 23 (1) ◽  
pp. 53-69
Author(s):  
Roopa Nandi ◽  
Ganesh Singh ◽  
Parvaiz Talib

Succession is the ultimate test of success reflected as sustainability in business, when managing business changes hands from a family leader to a non-family leader. This means when a family business is owned by the family but managed by a non-family member. This article explores the possibility of approaching succession process using design thinking—an approach based on appreciative inquiry. By identifying the various dimensions in which succession in family business takes place, this article introduces to business leaders a strength-based approach for creating an imagined future, that is satisfactory and acceptable after the incumbent phase out and successor phase in take place. The article emphasizes on creating of a singular image—a shared cognitive map for succession. When business leaders wilfully design a singular image, they have shared cognitive map that facilitates succession. The article provides guiding questions for design thinking in succession in family business.


2008 ◽  
Vol 5 (4) ◽  
pp. 427-436
Author(s):  
Hsi-Mei Chung ◽  
Yunshi Liu

Based on the panel data analysis of Taiwan’s family business groups from 1988 to 2002, this research attempts to investigate the relationships among overlapping investment, use of particularistic ties, group performance, and succession in family business group. The results show that the family business group’s overlapping investment between the owner-managers and family members occupying the decisive positions of group affiliates significantly influence its leader change. This study highlights the importance of alternative control choices within the family business. Furthermore, it also provides a good comparing start-point for researches interested in understanding the succession issue of Chinese family business in Great China


MANAJERIAL ◽  
2019 ◽  
Vol 5 (2) ◽  
pp. 12
Author(s):  
Evaldo Hans S.R ◽  
Mirza Dwi Ilmawan ◽  
Aditya Narendra Wardhana

The purpose of this study is to examine some of the main reasons for successor from family businesses who do not want to continue their family business. This study uses qualitative methods using the approach of in-depth interviews with respondents. The research respondents were fresh graduates who did not want to continue the family business that had been initiated by a large family of respondents. The findings in this study prove that respondents prefer to avoid conflicts with relatives or the absence of succession in family business. Career opportunities from other companies are another factor in making decisions to leave the family business.


Author(s):  
Carolina Lescura de C. Castro Volta ◽  
Alex Fernando Borges ◽  
Mônica Carvalho Alves Cappelle

RESUMO Objetivo: objetiva-se, com este artigo, introduzir algumas contribuições do conceito de conatus para a pesquisa sobre sucessão em empresas familiares. Métodos: a sucessão tem sido uma das temáticas mais discutidas no campo de estudos sobre empresas familiares. O presente trabalho, de natureza teórica, procura agregar contribuições a essa literatura, compreendendo a dinâmica da sucessão através da exploração do quadro teórico-conceitual desenvolvido por Bourdieu. Resultados: o conatus pode ser interpretado como um projeto cultivado pela família e que deve ser perpetuado para e pelas futuras gerações. Assim, a compreensão da sucessão a partir deste conceito permite, dentre outras possibilidades, apreender as particularidades da transmissão do projeto construído pelo fundador para as gerações sucessoras da família, que seriam os responsáveis por perpetuar ou não o conatus. Conclusão: o conceito de conatus, posicionado no âmbito do quadro teórico-analítico mais amplo trabalhado por Bourdieu, oferece alternativas para a compreensão e a explicação da sucessão em empresas familiares de uma forma mais consistente e aproximada da realidade observada nesses processos, fornecendo fundamentos que podem contribuir para a elucidação de perspectivas ainda pouco exploradas na literatura sobre esse tipo de organização.


2018 ◽  
Vol 10 (10) ◽  
pp. 3656 ◽  
Author(s):  
Jau Liu

Family businesses have long been one of the mainstream business models in developing countries. The smooth succession of control in family businesses is the key to their sustainable development. However, compared with other companies, succession in family business has demonstrated unique complexity, which also affects the development of the business. The paper is based on a review of the existing literature, starting from the theory of family business succession and combining with grounded theory. After that, we conducted field interviews of experts, coding the key factors affecting succession in family businesses in Taiwan. Finally, we explored the considerations and implications of the succession for inheritance planning. The results of this study show that consideration of succession in family businesses involves a multi-dimensional and complex decision-making process. Among the key considerations, it is found that corporate characteristics, family capital and niche inheritance are the most important without consideration of whether the continuation of the business after succession will be doomed to failure. In addition, the family relationship of affection and trust and commitment between both predecessor and successor are important factors that cannot be ignored, especially in a rapidly changing competitive market environment.


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