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Successors in Indian Business Families: A Demographic Sample Study

Author

Listed:
  • Rajiv Agarwal

    (S.P. Jain Institute of Management and Research, India)

  • Arya Kumar

    (Birla Institute of Technology and Science, India)

  • Keith D'Souza

    (S.P. Jain Institute of Management and Research, India)

Abstract

This study explores demographics of family businesses successors. A gap exists in understanding Indian family businesses and the families running them, while the impact of economic and social changes in India on family businesses is unknown. An exploratory study involving a survey of 351 respondents investigated Indian family businesses. The results highlight successors joining family businesses at a younger age, the increasing role of daughters, and the prevalence of traditional industries. The increased interest of family members in family businesses may be driven by large turnover and large workforce. There are also examples of successors leaving businesses with lower turnover.

Suggested Citation

  • Rajiv Agarwal & Arya Kumar & Keith D'Souza, 2015. "Successors in Indian Business Families: A Demographic Sample Study," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 4(4), pages 201-208, November.
  • Handle: RePEc:ods:journl:v:4:y:2015:i:4:p:201-208
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