Salim, Linda and Mohd Shariff, Mohd Noor and Ahmad Arshad, Darwina and Surya Saputra, Ruswiati (2015) Probing family business succession through the eyes of the leaders. In: 11th Family Enterprise Research Conference, June 4-7, 2015, Burlington, Vermont. (Unpublished)

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Abstract

In line with the theme of FERC 2015, this study aims at navigating through the issue of family business sustainability, particularly in overcoming the hurdles associated with transgenerational family business succession. While the opponents of family business have said that family firms would eventually grow up into larger companies run by professionals, separating the management from ownership, there has been evidence showing that keeping management in the family provides competitive advantage that is not easily replicated by nonfamily competitors (Jaskiewicz, Uhlenbruck, Balkin, & Reay, 2013) Proponents of keeping the management within the family simply remind that as a multidisciplinary field, family business study needs to balance the focus of the research in both family and business. (Cicellin, Mussollino, Martinez, & Iacono, 2013; James, Jennings, & Breitkreuz, 2012) Transitioning into professional management would risk losing the competitive advantage that serves family firms well into generations when it can be transferred into future generations. (Royer, Simons, Boyd, & Rafferty, 2008)

Item Type:	Conference or Workshop Item (Paper)
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	School of Business Management
Depositing User:	Prof. Dr. Mohd Noor Mohd Shariff
Date Deposited:	15 Aug 2016 08:31
Last Modified:	15 Aug 2016 08:31
URI:	https://repo.uum.edu.my/id/eprint/18589

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