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The Theoretical Approach to Succession of Family Business

Author

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  • Tobak, Júlia
  • Nábrádi, András

Abstract

The study deals with the questions and problems of the succession of generations concerning family enterprises, discussing the main succession issues. On a world scale most of the family businesses do not survive the first generation, thus succession has become the most important problem. This is the reason why the succession of generations has become the central issue of several research projects. In the diagnostic phase of the research the aim is to present the phases of succession of generations, the succession processes, their method and the possibility of processes especially characteristic of agricultural economics with the help of secondary data, with the application of contemporary research results and a methodological approach.

Suggested Citation

  • Tobak, Júlia & Nábrádi, András, . "The Theoretical Approach to Succession of Family Business," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2016(4).
    • Handle: RePEc:ags:paaero:257566
    DOI: 10.22004/ag.econ.257566
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    References listed on IDEAS

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    1. Scharle, Ágota, 2000. "Önfoglalkoztatás, munkanélküliség és családi kisvállalkozások Magyarországon [Self-employment, unemployment and small family firms in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 250-274.
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    3. Nagy, Adrian Szilard, 2007. "Analysis Of The Expected Income Of Several Family Types," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 1(01), pages 1-3, September.
    4. Long, Rebecca G. & Mathews, K. Michael, 2011. "Ethics in the Family Firm: Cohesion through Reciprocity and Exchange," Business Ethics Quarterly, Cambridge University Press, vol. 21(2), pages 287-308, April.
    5. Rantanen, Noora & Jussila, Iiro, 2011. "F-CPO: A collective psychological ownership approach to capturing realized family influence on business," Journal of Family Business Strategy, Elsevier, vol. 2(3), pages 139-150.
    6. 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.
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