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Analyzing Career Interest and Affective Commitment as Determinants of Successors’ Intention to Stay in Family Businesses

In: Proceedings of the 3rd International Conference on Management and Business (ICOMB 2024)

Author

Listed:
  • Ratih Indriyani

    (Universitas Kristen Petra)

  • Cathlin Celesta Sianto

    (Universitas Kristen Petra)

  • Sesilya Kempa

    (Universitas Kristen Petra)

Abstract

Family businesses in Indonesia are currently increasing. However, family businesses face challenges in achieving sustainability across generations. Many family businesses in East Nusa Tenggara province are still directly held by the founders. However, regeneration of leadership from the founders of family businesses usually does not go well. This study aimed to determine the effect of career interest and affective commitment on the intention to stay in family businesses in East Nusa Tenggara province. This type of research is quantitative, with a survey method analyzed using the structural equation model technique using smart PLS 4.0. The sample of this study used the second and third generations, who are the successors of family businesses in East Nusa Tenggara province. This study used 114 respondents as research samples. The results of this study indicate that there is an influence between career interest and affective commitment. While career interest influences the intention to stay from prospective successors to family businesses, on the other hand, affective commitment has a significant influence on the intention to stay from prospective successors to family businesses in East Nusa Tenggara province, Indonesia.

Suggested Citation

  • Ratih Indriyani & Cathlin Celesta Sianto & Sesilya Kempa, 2025. "Analyzing Career Interest and Affective Commitment as Determinants of Successors’ Intention to Stay in Family Businesses," Advances in Economics, Business and Management Research, in: Alfiatul Maulida & Md. Mahmudul Alam & ⁠⁠Mark Gabriel Wagan Aguilar (ed.), Proceedings of the 3rd International Conference on Management and Business (ICOMB 2024), pages 39-49, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-698-7_5
    DOI: 10.2991/978-94-6463-698-7_5
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