Title :
Influence of Family Relationships on Family Business Succession: A Conceptual Model
Author :
Wang Xiaoting ; Li Shengxiao
Author_Institution :
Coll. of Bus. & Manage., Shaoxing Univ., Shaoxing, China
Abstract :
Succession is a challenge to family businesses for a number of reasons, including the excessive influence of the family subsystem on the business. Recent theoretical developments suggest that the effects of family adaptability and family cohesion on the effectiveness of succession and the satisfaction with succession process are determined by the family´s commitment to the business and acceptance of individual roles. This article also highlights the importance of considering mediating factors in conducting family business research.
Keywords :
organisational aspects; small-to-medium enterprises; family adaptability effects; family business research; family business succession; family cohesion effects; family relationships; Adaptation models; Chaotic communication; Companies; Educational institutions; Lead; Stress;
Conference_Titel :
Management and Service Science (MASS), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6579-8
DOI :
10.1109/ICMSS.2011.5997904
