Proceedings of the Tarumanagara International Conference on the Applications of Social Sciences and Humanities (TICASH 2019)

Succession Planning in a Family Company: What are the Key Predictors?

Authors
Michael, Fransisca I. R. Dewi, Tommy Y.S. Suyasa
Corresponding Author
Michael
Available Online 20 May 2020.
DOI
https://doi.org/10.2991/assehr.k.200515.078How to use a DOI?
Keywords
succession planning, family company, socioemotional wealth, high quality relationship CEO and the successor
Abstract
This study aims to explain the role of family welfare needs and the quality of the relationship between CEOs and successors as predictors of succession planning in family companies. Family welfare needs are the perception that the purpose of establishing a family company is primarily for the continuity of the family. Participants were 45 owners of companies in Makassar and in Jakarta. The results of the study indicate that the role of family welfare needs is more significant in predicting succession planning, compared to the quality of the relationship between the CEO and the successor.
Open Access
This is an open access article distributed under the CC BY-NC license.

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TY  - CONF
AU  - Michael
AU  - Fransisca I. R. Dewi
AU  - Tommy Y.S. Suyasa
PY  - 2020
DA  - 2020/05/20
TI  - Succession Planning in a Family Company: What are the Key Predictors?
BT  - Proceedings of the Tarumanagara International Conference on the Applications of Social Sciences and Humanities (TICASH 2019)
PB  - Atlantis Press
SP  - 458
EP  - 464
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200515.078
DO  - https://doi.org/10.2991/assehr.k.200515.078
ID  - Michael2020
ER  -