IDEAS home Printed from https://ideas.repec.org/a/sae/entthe/v39y2015i6p1379-1412.html
   My bibliography  Save this article

To Nurture or Groom? The Parent–Founder Succession Dilemma

Author

Listed:
  • Jeffery S. McMullen
  • Benjamin J. Warnick

Abstract

Family business and human resource management scholars suggest that firms whose leaders experience affective commitment are more likely to achieve their goals. Building on self–determination theory, we propose a model in which parent–founders promote affective commitment in child–successors by supporting their psychological needs for competence, autonomy, and relatedness within the family business. We conclude by exploring the ethical implications of different parenting approaches in encouraging intrafamily succession.

Suggested Citation

  • Jeffery S. McMullen & Benjamin J. Warnick, 2015. "To Nurture or Groom? The Parent–Founder Succession Dilemma," Entrepreneurship Theory and Practice, , vol. 39(6), pages 1379-1412, November.
    • Handle: RePEc:sae:entthe:v:39:y:2015:i:6:p:1379-1412
    DOI: 10.1111/etap.12178
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1111/etap.12178
    Download Restriction: no
    File URL: https://libkey.io/10.1111/etap.12178?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Morris, Michael H. & Williams, Roy O. & Allen, Jeffrey A. & Avila, Ramon A., 1997. "Correlates of success in family business transitions," Journal of Business Venturing, Elsevier, vol. 12(5), pages 385-401, September.
    2. Jeffrey G. Covin & Kimberly M. Green & Dennis P. Slevin, 2006. "Strategic Process Effects on the Entrepreneurial Orientation–Sales Growth Rate Relationship," Entrepreneurship Theory and Practice, , vol. 30(1), pages 57-81, January.
    3. Gregory G. Dess & G. T. Lumpkin & J. G. Covin, 1997. "Entrepreneurial strategy making and firm performance: tests of contingency and configurational models," Strategic Management Journal, Wiley Blackwell, vol. 18(9), pages 677-695, October.
    4. Pramodita Sharma & James J. Chrisman & Amy L. Pablo & Jess H. Chua, 2001. "Determinants of Initial Satisfaction with the Succession Process in Family Firms: A Conceptual Model," Entrepreneurship Theory and Practice, , vol. 25(3), pages 17-36, April.
    5. Isabelle Le Breton–Miller & Danny Miller & Lloyd P. Steier, 2004. "Toward an Integrative Model of Effective FOB Succession," Entrepreneurship Theory and Practice, , vol. 28(4), pages 305-328, July.
    6. Pramodita Sharma & P. Gregory Irving, 2005. "Four Bases of Family Business Successor Commitment: Antecedents and Consequences," Entrepreneurship Theory and Practice, , vol. 29(1), pages 13-33, January.
    7. Thomas M. Zellweger & Franz W. Kellermanns & James J. Chrisman & Jess H. Chua, 2012. "Family Control and Family Firm Valuation by Family CEOs: The Importance of Intentions for Transgenerational Control," Organization Science, INFORMS, vol. 23(3), pages 851-868, June.
    8. Dyck, Bruno & Mauws, Michael & Starke, Frederick A. & Mischke, Gary A., 2002. "Passing the baton: The importance of sequence, timing, technique and communication in executive succession," Journal of Business Venturing, Elsevier, vol. 17(2), pages 143-162, March.
    9. W. Gibb Dyer Jr. & Wendy Handler, 1994. "Entrepreneurship and Family Business: Exploring the Connections," Entrepreneurship Theory and Practice, , vol. 19(1), pages 71-83, October.
    10. Wendy C. Handler, 1990. "Succession in Family Firms: A Mutual Role Adjustment between Entrepreneur and Next-generation Family Members," Entrepreneurship Theory and Practice, , vol. 15(1), pages 37-52, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Patrick Raymund James M. Garcia & Pramodita Sharma & Alfredo De Massis & Mike Wright & Louise Scholes, 2019. "Perceived Parental Behaviors and Next-Generation Engagement in Family Firms: A Social Cognitive Perspective," Entrepreneurship Theory and Practice, , vol. 43(2), pages 224-243, March.
    2. Danielle Cooper & Whitney O. Peake, 2018. "Commentary: Family Member Well-Being in the Kinship Enterprise: A Self-Determination Perspective," Entrepreneurship Theory and Practice, , vol. 42(2), pages 340-345, March.
    3. Schell, Sabrina & de Groote, Julia K. & Moog, Petra & Hack, Andreas, 2020. "Successor selection in family business—A signaling game," Journal of Family Business Strategy, Elsevier, vol. 11(3).
    4. Zheng, Xiaojia & Zhu, Bing & Yang, Ge, 2023. "The soft landing: Does intrafamily succession matter for corporate risk-taking?," Pacific-Basin Finance Journal, Elsevier, vol. 78(C).
    5. Bloemen-Bekx, Mira & Van Gils, Anita & Lambrechts, Frank & Sharma, Pramodita, 2021. "Nurturing offspring’s affective commitment through informal family governance mechanisms," Journal of Family Business Strategy, Elsevier, vol. 12(2).
    6. Arndt Werner & Sabrina Schell & Ljuba Haunschild, 2021. "How does a succession influence investment decisions, credit financing and business performance in small and medium-sized family firms?," International Entrepreneurship and Management Journal, Springer, vol. 17(1), pages 423-446, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mattias Nordqvist & Karl Wennberg & Massimo Bau’ & Karin Hellerstedt, 2013. "An entrepreneurial process perspective on succession in family firms," Small Business Economics, Springer, vol. 40(4), pages 1087-1122, May.
    2. Umans, Ine & Lybaert, Nadine & Steijvers, Tensie & Voordeckers, Wim, 2021. "The influence of transgenerational succession intentions on the succession planning process: The moderating role of high-quality relationships," Journal of Family Business Strategy, Elsevier, vol. 12(2).
    3. Mahto, Raj V. & Vora, Gautam & McDowell, William C. & Khanin, Dmitry, 2020. "Family member commitment, the opportunity costs of staying, and turnover intentions," Journal of Business Research, Elsevier, vol. 108(C), pages 9-19.
    4. Patrizia Fanasch & Bernd Frick, 2021. "Filling Big Shoes: CEO and COO Succession Planning in Family Businesses," Working Papers Dissertations 69, Paderborn University, Faculty of Business Administration and Economics.
    5. Ahrens, Jan-Philipp & Uhlaner, Lorraine & Woywode, Michael & Zybura, Jan, 2018. "“Shadow emperor” or “loyal paladin”? – The Janus face of previous owner involvement in family firm successions," Journal of Family Business Strategy, Elsevier, vol. 9(1), pages 73-90.
    6. Cater, John James & Kidwell, Roland E., 2014. "Function, governance, and trust in successor leadership groups in family firms," Journal of Family Business Strategy, Elsevier, vol. 5(3), pages 217-228.
    7. Zellweger, Thomas & Sieger, Philipp & Halter, Frank, 2011. "Should I stay or should I go? Career choice intentions of students with family business background," Journal of Business Venturing, Elsevier, vol. 26(5), pages 521-536, September.
    8. Simon C. Parker, 2016. "Family Firms and the “Willing Successor†Problem," Entrepreneurship Theory and Practice, , vol. 40(6), pages 1241-1259, November.
    9. Aleš Kubíček & Ondřej Machek, 2019. "Gender-related factors in family business succession: a systematic literature review," Review of Managerial Science, Springer, vol. 13(5), pages 963-1002, November.
    10. Timothy Mathews & Tim Blumentritt, 2015. "A sequential choice model of family business succession," Small Business Economics, Springer, vol. 45(1), pages 15-37, June.
    11. Aapo Länsiluoto & Elina Varamäki & Erkki K. Laitinen & Anmari Viljamaa & Juha Tall, 2015. "Management Control Systems in Small Business Transfers — A Resource-Based View," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 23(04), pages 449-471, December.
    12. Alexandra Bertschi-Michel & Nadine Kammerlander & Vanessa M. Strike, 2020. "Unearthing and Alleviating Emotions in Family Business Successions," Entrepreneurship Theory and Practice, , vol. 44(1), pages 81-108, January.
    13. Zybura, Jan & Zybura, Nora & Ahrens, Jan-Philipp & Woywode, Michael, 2021. "Innovation in the post-succession phase of family firms: Family CEO successors and leadership constellations as resources," Journal of Family Business Strategy, Elsevier, vol. 12(2).
    14. Patrick Raymund James M. Garcia & Pramodita Sharma & Alfredo De Massis & Mike Wright & Louise Scholes, 2019. "Perceived Parental Behaviors and Next-Generation Engagement in Family Firms: A Social Cognitive Perspective," Entrepreneurship Theory and Practice, , vol. 43(2), pages 224-243, March.
    15. Hossein Samei & Alireza Feyzbakhsh, 2016. "The Effect of Mentoring on Successor Nurturing in Family Businesses," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 25(2), pages 211-231, September.
    16. Isabelle Le Breton–Miller & Danny Miller & Lloyd P. Steier, 2004. "Toward an Integrative Model of Effective FOB Succession," Entrepreneurship Theory and Practice, , vol. 28(4), pages 305-328, July.
    17. Lévesque, Moren & Subramanian, Annapoornima M., 2022. "Family firm succession through the lens of technology intelligence," Journal of Family Business Strategy, Elsevier, vol. 13(2).
    18. Sund, Lars-Göran & Melin, Leif & Haag, Kajsa, 2015. "Intergenerational ownership succession," Journal of Family Business Strategy, Elsevier, vol. 6(3), pages 166-177.
    19. Simone Chlosta & Holger Patzelt & Sabine Klein & Christian Dormann, 2012. "Parental role models and the decision to become self-employed: The moderating effect of personality," Small Business Economics, Springer, vol. 38(1), pages 121-138, January.
    20. Jau Yang Liu, 2018. "An Integrative Conceptual Framework for Sustainable Successions in Family Businesses: The Case of Taiwan," Sustainability, MDPI, vol. 10(10), pages 1-21, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:entthe:v:39:y:2015:i:6:p:1379-1412. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.