IDEAS home Printed from https://ideas.repec.org/a/eee/jbrese/v197y2025ics0148296325002784.html
   My bibliography  Save this article

Multi-level determinants of satisfaction in family business succession: The moderating role of cultural contexts

Author

Listed:
  • Gómez, Juan M.
  • Rodríguez, Yeny E.
  • Pérez-Uribe, Miguel A.

Abstract

Succession is a complex, vital family business process and is critical for continuity and legacy preservation. This study addresses the atomised nature of prior research by examining the determinants of succession satisfaction across micro, meso, and macro levels within an integrated multilevel framework. Findings revealed that demographic traits played a minor role, whereas key factors such as formal succession planning and family identification significantly enhanced satisfaction. The study highlights the moderating role of cultural dimensions, such as long-term orientation (LTO) and power distance (PD). High LTO reduces the impact of structured planning by prioritizing long-term objectives over immediate outcomes, whereas high PD restricts inclusivity in decision-making. These results emphasize that succession satisfaction is context-dependent. Practitioners must consider these actionable insights into designing culturally sensitive succession plans. This research advances the theoretical understanding of family business succession satisfaction and underscores the importance of balancing procedural strategies with relational goals for successful transitions.

Suggested Citation

  • Gómez, Juan M. & Rodríguez, Yeny E. & Pérez-Uribe, Miguel A., 2025. "Multi-level determinants of satisfaction in family business succession: The moderating role of cultural contexts," Journal of Business Research, Elsevier, vol. 197(C).
    • Handle: RePEc:eee:jbrese:v:197:y:2025:i:c:s0148296325002784
    DOI: 10.1016/j.jbusres.2025.115455
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0148296325002784
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jbusres.2025.115455?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:eee:jbrese:v:197:y:2025:i:c:s0148296325002784. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jbusres .

    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.