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The Successors or the neglected perspective in company succession in Family Firms

Susanne Durst, Frank Halter & Urs Baldegger

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Kurzfassung A review of articles dealing with successors has shown a main consideration of the successor from the perspective of family succession. Thereby, the topic is mainly considered from the incumbent owner’s standpoint or that of the family, thus, only unbalanced insights into the dynamics of company succession are provided. However, with regard to the future, the successor’s perspective is more decisive as he or she represents the person who is in charge of the company’s continuity. Additionally, recent research implies that non-family succession is upgraded in relation to family succession. Overall, it can be argued that an increased focal point on successors´ special requirements is highly in need.

By taking the successor’s standpoint in this study, we examine if there are potential differences between external and internal successors regarding the succession process. Particularly, we are interested in identifying likely differences between the two types of successor regarding their need for support, their level of qualification, and their succession preparation.
   
Typ Konferenzpapier (Englisch)
   
Schlagwörter (Tags) Suiccession, family Firm, Familienunternehmen, Nachfolge, Unternehmensnachfolge, Nachfolger
   
Projekt Unternehmensnachfolge
Name der Konferenz Babson College Entrepreneurship Research Conference (BCERC) (Lausanne)
Datum der Konferenz 9-6-2010
Titel der Proceedings BCERC 2010 Proceedings
Verlag Babson College (Wellesley)
Review Blind Review
   
Zitation Durst, Susanne ; Halter, Frank ; Baldegger, Urs: The Successors or the neglected perspective in company succession in Family Firms. In: BCERC 2010 Proceedings. Wellesley : Babson College, 2010. - Babson College Entrepreneurship Research Conference (BCERC). - Lausanne.