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Impact of business transfer on economic performance: the case of Italian family farms

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  • Danilo Bertoni
  • Daniele Cavicchioli
  • Laure Latruffe

Abstract

The impact of business transfer on family business performance is widely explored in the literature but is neglected for agriculture although family farms are key players in the economy. We investigate whether the succession changes the economic performance of family firms for Italian family farms during the period 2008-2014. Our results show that succession on these family businesses has a negative effect on their economic performance related to capital, due to an increase in capital after succession. One policy implication is that support for investment by new farmers should be improved.

Suggested Citation

  • Danilo Bertoni & Daniele Cavicchioli & Laure Latruffe, 2023. "Impact of business transfer on economic performance: the case of Italian family farms," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 48(2), pages 186-213.
    • Handle: RePEc:ids:ijesbu:v:48:y:2023:i:2:p:186-213
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    Cited by:

    1. Pardeshi, Shefali & Loughrey, Jason & O'Connor, Declan, . "Farm Investment and Adoption of Fixed Milk Price Contracts on Irish Dairy Farms," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 73(1).
    2. Daniele, Bertolozzi-Caredio, 2024. "The farm succession effect on farmers’ management choices," Land Use Policy, Elsevier, vol. 137(C).
    3. Philippe Jeanneaux & Eliot Wendling & Yann Desjeux & Geoffroy Enjolras & Laure Latruffe, 2025. "Structure and determinants of the cost of setting up a farm: The case of young farmers in Central France," Post-Print hal-04969713, HAL.
    4. repec:ags:cfcp15:344291 is not listed on IDEAS

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