Promoting family: A contingency model of family business succession

Royer, Susanne, Simons, Roland, Boyd, Britta and Rafferty, Alannah (2008) Promoting family: A contingency model of family business succession. Family Business Review, 21 1: 15-30. doi:10.1111/j.1741-6248.2007.00108.x

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Author Royer, Susanne
Simons, Roland
Boyd, Britta
Rafferty, Alannah
Title Promoting family: A contingency model of family business succession
Journal name Family Business Review   Check publisher's open access policy
ISSN 0894-4865
Publication date 2008-02-14
Sub-type Article (original research)
DOI 10.1111/j.1741-6248.2007.00108.x
Volume 21
Issue 1
Start page 15
End page 30
Total pages 16
Editor Pramodita Sharma
Place of publication Newbury Park, CA, United States
Publisher Sage Publications
Language eng
Subject 150314 Small Business Management
Abstract Succession is a challenge to family businesses for a number of reasons, including the need to address the issue of intergenerational handover. This article focuses on one aspect of succession in family business by investigating when family members are preferred as successors. Results from 860 family businesses indicate that specific (tacit) knowledge characteristics combined with a favorable transaction atmosphere, in certain contexts, make a family member the most suitable successor. A conceptual model is presented that outlines when inside-family succession is preferred.
Keyword Firms
Family business succession
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collections: Excellence in Research Australia (ERA) - Collection
School of Psychology Publications
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Citation counts: TR Web of Science Citation Count  Cited 31 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 52 times in Scopus Article | Citations
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Created: Thu, 03 Sep 2009, 10:27:32 EST by Mr Andrew Martlew on behalf of Faculty of Social & Behavioural Sciences