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Family cohesion as a longevity factor of business with intergenerational transmission

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URI
http://hdl.handle.net/10433/1943
DOI
https://dx.doi.org/10.1017/S1467222700016116.
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Authorship
Fernández-Roca, Fco. JavierAutoridad UPO Orcid Dialnet Scopus ResearcherID; López-Manjón, Jesús D.Autoridad UPO Orcid Dialnet Scopus ResearcherID; Gutiérrez-Hidalgo, FernandoAutoridad UPO Orcid Dialnet
Palabras clave
family business
intergenerational trasmisssion
family cohesion
business longevity
Publication date
2014-12
Abstract
This article contributes to a line of research in Business History that aims to determine the factors of family business longevity in the long term with the study of individual cases. The literature has identified family cohesion as one of the essential factors for survival. Cohesion may be reinforced or broken at the time of the intergenerational transfer. This study finds that a critical response on the part of the business family to the difficulties associated with intergenerational transfer of control, including modifications to the original plan, is usually based on trust between generations. Within the business family cohesion facilitates intergenerational transfers and, consequently, allows the family to evolve and transform itself into a business dynasty.
Identificador de proyecto
SEJ-4129
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  • DEMH - Artículos de revistas [32]

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BIBLIOTECA CRAI  ©  2015 Universidad Pablo de Olavide
Contact Us | Legal warning