Succession Planning in a Family Company: What are the Key Predictors?
Michael, Fransisca I. R. Dewi, Tommy Y.S. Suyasa
Available Online 20 May 2020.
- 10.2991/assehr.k.200515.078How to use a DOI?
- succession planning, family company, socioemotional wealth, high quality relationship CEO and the successor
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.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
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 - 10.2991/assehr.k.200515.078 ID - 2020 ER -