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Unveiling the determining factors of family business longevity: Evidence from Kosovo

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  • Jahmurataj, Veton
  • Ramadani, Veland
  • Bexheti, Abdylmenaf
  • Rexhepi, Gadaf
  • Abazi-Alili, Hyrije
  • Krasniqi, Besnik A.

Abstract

This paper explores the determining factors that affect family business longevity in Kosovo. The study is based on a sample of 356 family businesses, from different sizes and sectors. Correlations, linear regression, and path analysis were used for empirical analyses. The study highlighted that of all the determining factors considered, three of them influence the family business longevity, such as quality of family members’ relationships, knowledge transfer from the founder to the successor, and family culture, while founders’ education/professional training, succession planning, and successors’ adequate preparation, have no impact on the family businesses longevity. Implications, limitations, and future research directions are discussed as well.

Suggested Citation

  • Jahmurataj, Veton & Ramadani, Veland & Bexheti, Abdylmenaf & Rexhepi, Gadaf & Abazi-Alili, Hyrije & Krasniqi, Besnik A., 2023. "Unveiling the determining factors of family business longevity: Evidence from Kosovo," Journal of Business Research, Elsevier, vol. 159(C).
    • Handle: RePEc:eee:jbrese:v:159:y:2023:i:c:s0148296323001030
    DOI: 10.1016/j.jbusres.2023.113745
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    References listed on IDEAS

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    1. Mikoláš Zdeněk & Matejun Marek, 2023. "Theory and practice of the evolutionary networks of potential in a family business succession," Journal of Economics and Management, Sciendo, vol. 45(1), pages 345-373, January.

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