Work

Family Business Succession: Analysis of Success Drivers Based on Entrepreneurship Theory using NVivo modeling

Year: 2024

Type: article

Abstract: This study explores the influence of personal and organizational characteristics on the motivation of successors in family business succession in Indonesia. Through a survey involving 30 respondents from West Java, data were analyzed using NVivo software. Findings indicate that age, gender, and business scale influence successor motivation, especially when succession plans are in place. The research highlights the importance of mature succession planning as a key to family business success. These findings can support the development of more effective policies and improvements in succession process management. Limitations of the study include questions that do not consider the business sector comprehensively and the need for a more varied sample. Future research can enrich this model and address these limitations to deepen understanding of family business succession.

Source: Matrik Jurnal Manajemen Strategi Bisnis dan Kewirausahaan

DOI: 10.24843/matrik:jmbk.2024.v18.i02.p04

Authors: Dewa Satrio Pradelina, Yolla Margaretha

Institution: Maranatha Christian University

Language: English

Topic: Family Business Performance and Succession

Subfield: Organizational Behavior and Human Resource Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: gold

Estimated APC paid: $98