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    The relationship between succession issues and business performance: evidence from UK family SMEs

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    Authors
    Wang, Yong
    Watkins, David
    Harris, Neil
    Spicer, Keith
    Issue Date
    2004
    
    Metadata
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    Abstract
    Researchers widely argue that the most significant difference between family controlled and non-family business concerns the way in which executive succession occurs, and more specifically, unique aspects of the process of intergenerational family business transfer. The importance of this study is acknowledged by the fact that it offers researchers and practitioners empirical evidence that links succession issues and the state of performance in UK-based smalland medium-sized family businesses. The article commences with a review of the conceptual framework that relates to the critical factors influencing the succession process, followed by an introduction of the methodology. Then the article proceeds with a detailed statistical analysis based on a stratified randomly selected sample (169 small- and medium-sized family controlled businesses). In summary, the article concludes with a set of tentative recommendations. It is anticipated that this study will enable a deep debate of the issues surrounding the succession practice and raise a wide awareness of the critical factors shaping the ownership transition.
    Citation
    International Journal of Entrepreneurial Behaviour & Research, 10 (1/2): 59-84
    Publisher
    Emerald
    Journal
    International Journal of Entrepreneurial Behaviour & Research
    URI
    http://hdl.handle.net/2436/26761
    DOI
    10.1108/13552550410521380
    Additional Links
    http://www.emeraldinsight.com/Insight/viewContentItem.do?contentType=Article&contentId=872120
    Type
    Journal article
    Language
    en
    ISSN
    13552554
    ae974a485f413a2113503eed53cd6c53
    10.1108/13552550410521380
    Scopus Count
    Collections
    Faculty of Social Sciences

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