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Title:Family businesses’ succession in posttransition countries : what can be learned from the action research?
Authors:ID Duh, Mojca (Author)
ID Primec, Andreja (Author)
Files:.pdf Duh-2022-FAMILY_BUSINESSES__SUCCESSION_IN_POST.pdf (379,62 KB)
MD5: 9C77E333CFA770280FB79BBB78BC1900
 
URL https://doi.org/10.30924/mjcmi.27.2.3
 
Language:English
Work type:Scientific work
Typology:1.01 - Original Scientific Article
Organization:EPF - Faculty of Business and Economics
Abstract:Succession is a very complex process and a critical phase in the life cycle of a family business. Finding a successor in ownership and management is one of the most demanding succession challenges, especially since younger generations have little interest or intention in joining their parents’ businesses. The action research was conducted to expand our understanding of owners’ attitudes and behaviors toward succession and the factors influencing successors’ intention and decision to enter the family business. The research also addresses the applicability of informal and formal family governance mechanisms in family business succession in post-transition countries. The research findings show the importance of the family dimension and emotional aspects of succession in post-transition countries. The theoretical hypotheses developed to form the basis for future confirmatory research and have implications for the key stakeholders and support infrastructure institutions involved in family business succession in post-transition countries.
Keywords:family business, succession, affective commitment, family governance mechanism, post-transition country, action research
Publication status:Published
Publication version:Version of Record
Submitted for review:09.05.2022
Article acceptance date:14.07.2022
Publication date:30.12.2022
Publisher:University of Split, Faculty of Economics
Year of publishing:2022
Number of pages:Str. 19-39
Numbering:Letn. 27, Št. 2
PID:20.500.12556/DKUM-89512 New window
UDC:334.722.24(100-69)
ISSN on article:1846-3363
COBISS.SI-ID:136412419 New window
DOI:10.30924/mjcmi.27.2.3 New window
Note:Ključne besede v slovenščini: družinsko podjetje, nasledstvo, afektivna zavezanost, mehanizem družinskega upravljanja, akcijska raziskava
Publication date in DKUM:16.07.2024
Views:136
Downloads:7
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Categories:Misc.
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Record is a part of a journal

Title:Management
Shortened title:Management
Publisher:University of Split, Faculty of Economics
ISSN:1846-3363
COBISS.SI-ID:523963417 New window

Licences

License:CC BY-ND 4.0, Creative Commons Attribution-NoDerivatives 4.0 International
Link:http://creativecommons.org/licenses/by-nd/4.0/
Description:Under the NoDerivatives Creative Commons license one can take a work released under this license and re-distribute it, but it cannot be shared with others in adapted form, and credit must be provided to the author.
Licensing start date:30.12.2022

Secondary language

Language:Croatian
Title:Nasljeđivanje obiteljskih poduzeća u post-tranzicijskim zemljama : što se može naučiti iz akcijskog istraživanja?
Abstract:Succession is a very complex process and a critical phase in the life cycle of a family business. Finding a successor in ownership and management is one of the most demanding succession challenges, especially since younger generations have little interest or intention in joining their parents’ businesses. The action research was conducted to expand our understanding of owners’ attitudes and behaviors toward succession and the factors influencing successors’ intention and decision to enter the family business. The research also addresses the applicability of informal and formal family governance mechanisms in family business succession in post-transition countries. The research findings show the importance of the family dimension and emotional aspects of succession in post-transition countries. The theoretical hypotheses developed to form the basis for future confirmatory research and have implications for the key stakeholders and support infrastructure institutions involved in family business succession in post-transition countries.
Keywords:obiteljska poduzeća, nasljeđivanje, afektivna predanost, mehanizmi obiteljskog upravljanja, post-tranzicijske zemlje, akcijsko istraživanje


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