IDEAS home Printed from https://ideas.repec.org/a/ibn/ijefaa/v14y2022i12p12.html
   My bibliography  Save this article

Contributions to Succession in a Family Business from the Perspective of Global University Entrepreneurial Spirit Students’ Survey (GUESSS)

Author

Listed:
  • Fabiana Pinto de Almeida Bizarria
  • Flavia Lorenne Sampaio Barbosa
  • Fagner Martins Santana
  • Rogeane Morais Ribeiro
  • Maria do Socorro Silva Mesquita

Abstract

Relationship between family support and organizational commitment is investigated, in the attitude of succession in a family business, and, this one, in the succession intention. Therefore, the research operationalizes constructs studied by the Global University Entrepreneurial Spirit Students’ Survey, in a survey with 289 university students from the Federal University in Brazil. Structural modeling showed satisfactory adjustment indices to support the seven hypotheses of the study- family support assumes an important explanatory capacity for the variation of affective commitment (R2=38%), as well as of normative commitment (R2=41%); commitment (affective and normative) assumes an important explanatory capacity for the variation in the succession attitude (R2=49%); and, the suggested relationship between the succession attitude and the succession intention (β=0.775; t=22.772, p=0.000), in addition to being supported, demonstrates the greater explanatory capacity of the predictor construct variation (R2=60%). It was concluded, therefore, that prior planning, with actions that mobilize future family members (successors) can result in the achievement of the longevity of these companies.

Suggested Citation

  • Fabiana Pinto de Almeida Bizarria & Flavia Lorenne Sampaio Barbosa & Fagner Martins Santana & Rogeane Morais Ribeiro & Maria do Socorro Silva Mesquita, 2022. "Contributions to Succession in a Family Business from the Perspective of Global University Entrepreneurial Spirit Students’ Survey (GUESSS)," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 14(12), pages 1-12, December.
    • Handle: RePEc:ibn:ijefaa:v:14:y:2022:i:12:p:12
    as

    Download full text from publisher

    File URL: https://ccsenet.org/journal/index.php/ijef/article/download/0/0/47895/51432
    Download Restriction: no
    File URL: https://ccsenet.org/journal/index.php/ijef/article/view/0/47895
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    2. Baron, Robert A., 2004. "The cognitive perspective: a valuable tool for answering entrepreneurship's basic "why" questions," Journal of Business Venturing, Elsevier, vol. 19(2), pages 221-239, March.
    3. Shaker A. Zahra & James C. Hayton & Donald O. Neubaum & Clay Dibrell & Justin Craig, 2008. "Culture of Family Commitment and Strategic Flexibility: The Moderating Effect of Stewardship," Entrepreneurship Theory and Practice, , vol. 32(6), pages 1035-1054, November.
    4. Miller, Danny & Steier, Lloyd & Le Breton-Miller, Isabelle, 2003. "Lost in time: intergenerational succession, change, and failure in family business," Journal of Business Venturing, Elsevier, vol. 18(4), pages 513-531, July.
    5. Lars Kolvereid, 1996. "Organizational Employment versus Self-Employment: Reasons for Career Choice Intentions," Entrepreneurship Theory and Practice, , vol. 20(3), pages 23-31, April.
    6. Stamm, Isabell & Lubinski, Christina, 2011. "Crossroads of family business research and firm demography—A critical assessment of family business survival rates," Journal of Family Business Strategy, Elsevier, vol. 2(3), pages 117-127.
    7. Anisya S Thomas & Stephen L Mueller, 2000. "A Case for Comparative Entrepreneurship: Assessing the Relevance of Culture," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 31(2), pages 287-301, June.
    8. Sharma, Pramodita & Chrisman, James J. & Chua, Jess H., 2003. "Predictors of satisfaction with the succession process in family firms," Journal of Business Venturing, Elsevier, vol. 18(5), pages 667-687, September.
    9. Gary A. Ballinger & Jeremy J. Marcel, 2010. "The use of an interim CEO during succession episodes and firm performance," Strategic Management Journal, Wiley Blackwell, vol. 31(3), pages 262-283, March.
    Full references (including those not matched with items on IDEAS)

    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. Rodrigo Basco & Andrea Calabrò, 2017. "“Whom do I want to be the next CEO?” Desirable successor attributes in family firms," Journal of Business Economics, Springer, vol. 87(4), pages 487-509, May.
    2. Verheul, Ingrid & Thurik, Roy & Grilo, Isabel & van der Zwan, Peter, 2012. "Explaining preferences and actual involvement in self-employment: Gender and the entrepreneurial personality," Journal of Economic Psychology, Elsevier, vol. 33(2), pages 325-341.
    3. Mussolino, Donata & Calabrò, Andrea, 2014. "Paternalistic leadership in family firms: Types and implications for intergenerational succession," Journal of Family Business Strategy, Elsevier, vol. 5(2), pages 197-210.
    4. Adil Khan & Mohd Yasir Arafat & Imran Saleem, 2022. "Does Social Legitimacy Matter in an Indian’s Decision to Start a New Venture?," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 8(2), pages 188-205, July.
    5. Preeya S. Mohan, 2022. "An investigation into entrepreneurial intentions in Caribbean Small Island Developing States," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-21, December.
    6. Mariavittoria Cicellin & Donata Mussolino & Riccardo Viganò, 2015. "Gender diversity and father-daughter relationships: understanding the role of paternalistic leadership in family firm succession," International Journal of Business Governance and Ethics, Inderscience Enterprises Ltd, vol. 10(1), pages 97-118.
    7. Christian Koropp & Dietmar Grichnik & André Gygax, 2013. "Succession financing in family firms," Small Business Economics, Springer, vol. 41(2), pages 315-334, August.
    8. Martin Mabunda Baluku & Edward Bantu & Kathleen Otto, 2018. "Effect of Locus of Control on Entrepreneurial Attitudes and Self-Employment Intentions: The Moderating Role of Individualism," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 26(03), pages 251-283, September.
    9. Hunjra, Ahmed Imran & Ahmad, H. Mushtaq & Rehman, Kashif-Ur- & Safwan, Nadeem, 2011. "Factors influencing intention to create new venture among young graduates," MPRA Paper 32679, University Library of Munich, Germany.
    10. José António Porfírio & Tiago Carrilho & Joseph Hassid & Ricardo Rodrigues, 2019. "Family Business Succession in Different National Contexts: A Fuzzy-Set QCA Approach," Sustainability, MDPI, vol. 11(22), pages 1-17, November.
    11. Leonidas A. Zampetakis & Manolis Lerakis & Konstantinos Kafetsios & Vassilis S. Moustakis, 2016. "The moderating role of anticipated affective ambivalence in the formation of entrepreneurial intentions," International Entrepreneurship and Management Journal, Springer, vol. 12(3), pages 815-838, September.
    12. Fayolle, Alain & Liñán, Francisco, 2014. "The future of research on entrepreneurial intentions," Journal of Business Research, Elsevier, vol. 67(5), pages 663-666.
    13. 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.
    14. Leroy, H. & Manigart, S. & Meuleman, M., 2009. "The planned decision to transfer an entrepreneurial company," Vlerick Leuven Gent Management School Working Paper Series 2009-13, Vlerick Leuven Gent Management School.
    15. Hsu, Dan K. & Burmeister-Lamp, Katrin & Simmons, Sharon A. & Foo, Maw-Der & Hong, Michelle C. & Pipes, Jesse D., 2019. "“I know I can, but I don't fit”: Perceived fit, self-efficacy, and entrepreneurial intention," Journal of Business Venturing, Elsevier, vol. 34(2), pages 311-326.
    16. Entrialgo M. & Iglesias V., 2018. "Are the Intentions to Entrepreneurship of Men and Women Shaped Differently? The Impact of Entrepreneurial Role-Model Exposure and Entrepreneurship Education," Entrepreneurship Research Journal, De Gruyter, vol. 8(1), pages 1-14, January.
    17. Marco Caliendo & Alexander S. Kritikos & Claudia Stier, 2023. "The influence of start-up motivation on entrepreneurial performance," Small Business Economics, Springer, vol. 61(3), pages 869-889, October.
    18. Francisco Liñán & Yi-Wen Chen, 2006. "Testing the Entrepreneurial Intention Model on a Two-Country Sample," Working Papers 0607, Departament Empresa, Universitat Autònoma de Barcelona, revised Jul 2006.
    19. Jaeyeob Jeong & Myeonggil Choi, 2017. "The Expected Job Satisfaction Affecting Entrepreneurial Intention as Career Choice in the Cultural and Artistic Industry," Sustainability, MDPI, vol. 9(10), pages 1-16, September.
    20. Litz, Reginald A., 2010. "Jamming across the generations: Creative intergenerational collaboration in the Marsalis family," Journal of Family Business Strategy, Elsevier, vol. 1(4), pages 185-199, December.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    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:ibn:ijefaa:v:14:y:2022:i:12:p:12. 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: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    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.