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Impact of Family Control on Intrafamily Succession Intention and Firm Investment

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  • Amarjit Gill

    (Edwards School of Business, University of Saskatchewan, Canada)

Abstract

Studies show that family control motivates business owners for intrafamily succession and enhances firm investment. This study tested the impact of family control on intrafamily succession intentions of family business owners and firm investment. This study utilized a survey research design to collect survey data on family control, intrafamily succession intentions, and firm investment from Canadian and Indian family business owners. The empirical analysis shows that family control plays some role in increasing intrafamily succession intentions of family business owners and firm investment in Canada and India. The results show that family control has a higher impact on family business owners' intrafamily succession intentions and firm investment in India than in Canada. By relying on the perceptions of the owners of family business firms, this study contributes to the literature on the impacts of family control on intrafamily succession intentions of business owners and firm investment. The findings may be useful to financial management consultants, business owners, and other stakeholders.

Suggested Citation

  • Amarjit Gill, 2020. "Impact of Family Control on Intrafamily Succession Intention and Firm Investment," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 19(3), pages 237-256, December.
    • Handle: RePEc:ijb:journl:v:19:y:2020:i:3:p:237-256
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    References listed on IDEAS

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    Cited by:

    1. Amarjit Gill & Harvinder S. Mand & Afshin Amiraslany & Neil Mathur, 2021. "Risk of investment losses from operations and casualties and insurance coverage decisions," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 20(3), pages 265-285, December.

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    More about this item

    Keywords

    Family Control; Intrafamily Succession Intentions; Firm Investment; Family Business; Canada; India;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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