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Context as a provider of key resources for succession: a case study of sustainable family firms

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Context as a provider of key resources for succession: a case study of sustainable family firms

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dc.contributor.author Botella Carrubi, Dolores
dc.contributor.author González Cruz, Tomás Félix
dc.date.accessioned 2022-05-06T11:34:38Z
dc.date.available 2022-05-07T04:45:06Z
dc.date.issued 2019 es_ES
dc.identifier.citation Botella-Carrubi MD, González-Cruz TF. Context as a Provider of Key Resources for Succession: A Case Study of Sustainable Family Firms. Sustainability. 2019; 11(7):1873. es_ES
dc.identifier.uri https://hdl.handle.net/10550/82644
dc.description.abstract Although succession is the single most important issue in family-owned businesses (FOBs), there is scarce comprehensive and integrative analysis of the context (i.e., the social, organizational, and normative setting) where succession events occur. Research usually focuses on the success or failure of succession processes, instead of the risks faced by FOBs during succession. The succession process takes time and multiple actors are involved. Therefore, succession is influenced by uncertainty and unforeseen events. This study addresses the aforementioned gap in the literature by investigating how context can reduce the risk of failure in succession. Based on organizational change theory and the resource-based view, this study considers family and business circumstances where interactions between actors take place and succession occurs. Since the research goal is deeply embedded in context, this paper presents a comparative case study of three Spanish FOBs that have experienced different kinds of organizational change in relation to management succession. The main conclusion is that risk of succession failure depends not only on detailed process design and planning, but also on a well-developed firm and family context that provides sufficient familiness resources to cope with unexpected events and address conflicts. es_ES
dc.language.iso en es_ES
dc.subject family-owned business es_ES
dc.subject succession es_ES
dc.subject context es_ES
dc.subject familiness es_ES
dc.subject organizational change es_ES
dc.title Context as a provider of key resources for succession: a case study of sustainable family firms es_ES
dc.type journal article es_ES
dc.subject.unesco UNESCO::CIENCIAS ECONÓMICAS es_ES
dc.identifier.doi 10.3390/su11071873 es_ES
dc.accrualmethod S es_ES
dc.embargo.terms 0 days es_ES

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