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Succession planning in Polish family business. An exploratory investigation (chapter 4)

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  • Surdej, Aleksander
  • Wach, Krzysztof

Abstract

The main aim of the paper is to identify the succession strategies (especially the ways in which they attempt to balance the strive to maintain family’s control over the company with the goal of firm’s growth) of the first generation of Polish entrepreneurs. Research survey was conducted on a random sample of 496 family enterprises in first quarter of 2009 (first phase, survey) and 61 family enterprises in third quarter of 2009 (second phase, in-depth-interview). Research project “Succession Scenarios in First Generation of Polish Entrepreneurs” was conducted in the years 2008-2010 by Aleksander Surdej and Krzysztof Wach was financed by Polish Ministry of Science and Higher Education (Project no. 1326/B/H03/2008/34).

Suggested Citation

  • Surdej, Aleksander & Wach, Krzysztof, 2010. "Succession planning in Polish family business. An exploratory investigation (chapter 4)," MPRA Paper 31609, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:31609
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    References listed on IDEAS

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    1. Djankov, Simeon & La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei, 2008. "The law and economics of self-dealing," Journal of Financial Economics, Elsevier, vol. 88(3), pages 430-465, June.
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    3. Marcel Fafchamps, 2004. "Market Institutions in Sub-Saharan Africa: Theory and Evidence," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262062364, December.
    4. Surdej, Aleksander & Wach, Krzysztof, 2010. "Succession scenarios in Polish family firms. Empirical Study (Chapter 8)," MPRA Paper 31605, University Library of Munich, Germany.
    5. Guido Tabellini, 2008. "Presidential Address Institutions and Culture," Journal of the European Economic Association, MIT Press, vol. 6(2-3), pages 255-294, 04-05.
    6. Holmstrom, Bengt & Milgrom, Paul, 1991. "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(0), pages 24-52, Special I.
    7. Ali, Ashiq & Chen, Tai-Yuan & Radhakrishnan, Suresh, 2007. "Corporate disclosures by family firms," Journal of Accounting and Economics, Elsevier, vol. 44(1-2), pages 238-286, September.
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    Cited by:

    1. Surdej, Aleksander & Wach, Krzysztof, 2010. "Succession scenarios in Polish family firms. Empirical Study (Chapter 8)," MPRA Paper 31605, University Library of Munich, Germany.
    2. 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.

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    More about this item

    Keywords

    family firms; succession; Poland; family entrepreneurship;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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