Factors Hampering intra-family Succession in the Company as a Barrier to the Development of Family Businesses Cover Image

Czynniki hamujące wewnątrzrodzinną sukcesję w firmie jako bariera rozwoju przedsiębiorstw rodzinnych
Factors Hampering intra-family Succession in the Company as a Barrier to the Development of Family Businesses

Author(s): Justyna Domanowska
Subject(s): Business Economy / Management, Micro-Economics, Family and social welfare
Published by: Społeczna Akademia Nauk
Keywords: family business; succession strategy; next generation;

Summary/Abstract: In almost all countries family owned companies are the backbone of the economy. Most of them struggle to survive beyond a single generation. Worldwide, only one out of three family businesses makes the transition successfully from the one generation to the next. The aim of this paper is to show how family owned businesses should be prepared to the transition to the next generation and what barriers they will face.

  • Issue Year: 21/2020
  • Issue No: 4
  • Page Range: 105-115
  • Page Count: 11
  • Language: Polish