期刊名称：International Journal of Business Administration
印刷版ISSN：1923-4007
电子版ISSN：1923-4015
出版年度：2016
卷号：7
期号：5
页码：p9
DOI：10.5430/ijba.v7n5p9
语种：English
出版社：Sciedu Press
摘要：A significant number of businesses existing in South Africa originated as family-owned businesses and contribute substantially to employment creation, poverty eradication and wealth creation. However, globally the longevity of family businesses through generations remains a major cause for concern for all stakeholders. South African economy is characterised by a history of apartheid, where prior to 1994, the black majority only owned less than 5 percent of the businesses active in the economy. The economy is swiftly taking a turn and more black businesses are emerging. This study focused on understanding the factors that influence succession planning decisions in black-owned family businesses. The study followed an exploratory qualitative approach, using semi-structured interviews. Thirteen black family-owned business owners were interviewed. The key findings showed that possible successors in family-owned businesses regard the successor-related factors as the predominant drivers of management succession. The successor’s commitment to and interest in the business has a strong influence on decisions and criteria design across all the stages of the management succession process.
其他摘要：A significant number of businesses existing in South Africa originated as family-owned businesses and contribute substantially to employment creation, poverty eradication and wealth creation. However, globally the longevity of family businesses through generations remains a major cause for concern for all stakeholders. South African economy is characterised by a history of apartheid, where prior to 1994, the black majority only owned less than 5 percent of the businesses active in the economy. The economy is swiftly taking a turn and more black businesses are emerging. This study focused on understanding the factors that influence succession planning decisions in black-owned family businesses. The study followed an exploratory qualitative approach, using semi-structured interviews. Thirteen black family-owned business owners were interviewed. The key findings showed that possible successors in family-owned businesses regard the successor-related factors as the predominant drivers of management succession. The successor’s commitment to and interest in the business has a strong influence on decisions and criteria design across all the stages of the management succession process.
