The Implications of Family Structure for Succession Planning in Family Businesses – Research Report Cover Image

Implikacje struktury rodziny dla planowania sukcesji w przedsiębiorstwach rodzinnych – relacje z badań
The Implications of Family Structure for Succession Planning in Family Businesses – Research Report

Author(s): Wojciech Popczyk
Subject(s): Business Economy / Management, Micro-Economics, Demography and human biology
Published by: Społeczna Akademia Nauk
Keywords: family structures; socialization; succession; entrepreneurial behaviours;

Summary/Abstract: Generational succession in family businesses determines their longevity, development and allows such entities to maintain family social capital a source of competitive advantage over their non-family counterparts. Empirical research results on succession show that this process is extremely difficult and in majority of cases ends unsuccessfully. The purpose of this paper is to present the anthropological approach to socialization processes of young generation within different types of families, which can help explain the source of succession failures in family businesses. There are four types of families described by two variables: liberty/authority, equality/inequality, characterizing the relations between generations and within younger generation in a family. The author refers to own research results, which prove that the socialization within entrepreneurial families has a more positive influence on the entrepreneurial behaviours of the young than it takes place in the rest of families, that female representatives of younger generation in families running businesses are even more entrepreneurial, but at the same time less sure as for succession than their male siblings. Finally, the author identified the dominating type of families in the Lodz region and verified potential problems with succession in businesses controlled by the nuclear egalitarian families.

  • Issue Year: 19/2018
  • Issue No: 7.1
  • Page Range: 101-114
  • Page Count: 14
  • Language: Polish