IDEAS home Printed from https://ideas.repec.org/a/mth/jebi88/v6y2019i1p13.html
   My bibliography  Save this article

The Intricacies of Female Successors in Family Owned Businesses

Author

Listed:
  • Nnabuife Ezimma K.
  • Okoli Ifeanyi Emmanuel
  • Arachie Augustine Ebuka
  • Adani Nnenne Ifechi

Abstract

As a result of shortage of female successor due in part to gender bias succession practices, this study was necessitated to look at encumbrances against women successors of Family Owned Businesses (FOBs) in Anambra State. The broad objective of this study was to examine female successors and sustainability of family owned businesses. The work adopted a survey research design. The population of the study was 415 FOBs in Anambra State. Complete enumeration method was adopted so as to get the full opinion of all firms on gender issues and female succession. The data for the study was collected through structured questionnaire. A combination of descriptive (mean) and inferential statistics (chi-square) were deployed in the data analysis. The result showed that there are obstacles that have substantial effect on women becoming successors of FOBs in Anambra State and that sexism play a statistically significant role in determining successors in Anambra State. Sequel to this, it was concluded that women and men in Anambra State do not have a level playing ground in determining who becomes a successors of FOBs in Anambra state as there are hurdles women face and these obstacles have significant effect on who becomes a successors. Hence, the recommendation was that successors of FOBs should not be based on gender but on capability and the provision of level playing ground for both the female and male genders in the succession dynamics.

Suggested Citation

  • Nnabuife Ezimma K. & Okoli Ifeanyi Emmanuel & Arachie Augustine Ebuka & Adani Nnenne Ifechi, 2019. "The Intricacies of Female Successors in Family Owned Businesses," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 6(1), pages 1-13, December.
  • Handle: RePEc:mth:jebi88:v:6:y:2019:i:1:p:13
    as

    Download full text from publisher

    File URL: https://www.macrothink.org/journal/index.php/jebi/article/download/14680/11799
    Download Restriction: no

    File URL: https://www.macrothink.org/journal/index.php/jebi/article/view/14680
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ahrens, Jan-Philipp & Landmann, Andreas & Woywode, Michael, 2015. "Gender preferences in the CEO successions of family firms: Family characteristics and human capital of the successor," Journal of Family Business Strategy, Elsevier, vol. 6(2), pages 86-103.
    2. Christina Whidya Utami & Denny Bernardus & Gek Sintha, 2017. "The Pattern Analysis of Family Business Succession: A Study on Medium Scale Family Business in Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(2A), pages 461-474.
    3. 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.
    4. Martí, José & Menéndez-Requejo, Susana & Rottke, Olaf M., 2013. "The impact of venture capital on family businesses: Evidence from Spain," Journal of World Business, Elsevier, vol. 48(3), pages 420-430.
    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. Boris Rumanko & Zuzana Lušňáková & Monika Moravanská & Mária Šajbidorová, 2021. "Succession as a Risk Process in the Survival of a Family Business—Case of Slovakia," JRFM, MDPI, vol. 14(10), pages 1-20, September.
    2. Pahnke, André & Schlepphorst, Susanne & Schlömer-Laufen, Nadine, 2024. "Family business successions between desire and reality," Journal of Business Venturing Insights, Elsevier, vol. 21(C).
    3. Jan-Philipp Ahrens & Andrea Calabrò & Jolien Huybrechts & Michael Woywode, 2019. "The Enigma of the Family Successor–Firm Performance Relationship: A Methodological Reflection and Reconciliation Attempt," Entrepreneurship Theory and Practice, , vol. 43(3), pages 437-474, May.
    4. Van Gils, Anita & Huybrechts, Jolien & Minola, Tommaso & Cassia, Lucio, 2019. "Unraveling the impact of family antecedents on family firm image: A serial multiple-mediation model," Journal of Family Business Strategy, Elsevier, vol. 10(1), pages 17-27.
    5. Cheng-Wen Lee & Min-Ying Cheng, 2024. "The Impact of Ancient Traditional Culture on Earnings Quality: The Moderating Role of Marketization Index in China's A-Share Market," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 14(6), pages 1-20.
    6. Kay, Rosemarie & Schlömer-Laufen, Nadine, 2016. "Gender diversity in top-management positions in large family and nonfamily businesses," Working Papers 02/16, Institut für Mittelstandsforschung (IfM) Bonn.
    7. Alessandro Minichilli & Mattias Nordqvist & Guido Corbetta & Mario Daniele Amore, 2014. "CEO Succession Mechanisms, Organizational Context, and Performance: A Socio-Emotional Wealth Perspective on Family-Controlled Firms," Journal of Management Studies, Wiley Blackwell, vol. 51(7), pages 1153-1179, November.
    8. Annalisa Croce & José Martí, 2017. "Financial constraints in family firms and the role of venture capital," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 44(1), pages 119-144, March.
    9. Stanfast Suotonye Barnabas & Marian Lawrence Apoh, 2021. "Chief Executive Officer with Machiavellianism Trait and Survival of Family-owned Businesses in South-South, Nigeria," International Journal of Science and Business, IJSAB International, vol. 5(1), pages 14-29.
    10. Zahra, Shaker A. & Neubaum, Donald O. & Larraneta, Barbara, 2007. "Knowledge sharing and technological capabilities: The moderating role of family involvement," Journal of Business Research, Elsevier, vol. 60(10), pages 1070-1079, October.
    11. Clinton, Eric & Uddin Ahmed, Farhad & Lyons, Roisin & O’Gorman, Colm, 2024. "The drivers of family business succession intentions of daughters and the moderating effects of national gender inequality," Journal of Business Research, Elsevier, vol. 184(C).
    12. Veland Ramadani & Léo-Paul Dana & Nora Sadiku-Dushi & Vanessa Ratten & Dianne H. B. Welsh, 2017. "Decision-Making Challenges of Women Entrepreneurship in Family Business Succession Process," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 25(04), pages 411-439, December.
    13. Meleq Hoxhaj & Kamolli Erjus, 2022. "Factors Influencing Tax Evasion of Businesses: The Case of Albania," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 8, ejes_v8_i.
    14. Hafner, Cornelius & Pidun, Ulrich, 2022. "Getting family firm diversification right: A configurational perspective on product and international diversification strategies," Journal of Family Business Strategy, Elsevier, vol. 13(1).
    15. Pahnke, André & Kay, Rosemarie & Schlepphorst, Susanne, 2017. "Unternehmerisches Verhalten im Zuge der Unternehmensnachfolge," IfM-Materialien 254, Institut für Mittelstandsforschung (IfM) Bonn.
    16. Marta Widz & Nadine Kammerlander, 2023. "Entrepreneurial exit intentions in emerging economies: a neoinstitutional perspective," Small Business Economics, Springer, vol. 60(2), pages 615-638, February.
    17. Se-Yeon Ahn, 2018. "Founder Succession, The Imprint of Founders’ Legacies, and Long-Term Corporate Survival," Sustainability, MDPI, vol. 10(5), pages 1-15, May.
    18. Wu, Sihong & Chirico, Francesco & Fan, Di & Ding, Jiayan & Su, Yiyi, 2024. "Foreign market exit in family firms: Do historical military and cultural frictions matter?," Journal of World Business, Elsevier, vol. 59(1).
    19. Kodama, Naomi & Murakami, Yoshiaki & Tanaka, Mari, 2021. "No Successor, No Success? Impact of a Little Son on Business Performance," Journal of the Japanese and International Economies, Elsevier, vol. 62(C).
    20. Sami Basly, 2007. "Organizational Learning and Knowledge Development Peculiarities in Small and Medium Family Enterprises," Post-Print halshs-00192809, HAL.

    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:mth:jebi88:v:6:y:2019:i:1:p:13. 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: Technical Support Office The email address of this maintainer does not seem to be valid anymore. Please ask Technical Support Office to update the entry or send us the correct address (email available below). General contact details of provider: http://www.macrothink.org/journal/index.php/jebi .

    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.