A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Shared Identity, Family Influence, and the Transgenerational Intentions in Family Firms
A family’s transgenerational intention (TI) to pass ownership of the firm to the next generation of family members is the defining characteristic of a family. TI reflects a family’s intention to engage in succession planning, which is the primary predictor for succession success. In this study, we draw on psychological ownership theory to develop and test a model of a family’s TI. In the model, we argue that family influence impacts TI through shared identity. We also argue that a family firm CEO’s relationship to the family (by blood vs. marriage vs. hire) moderates the relationship between shared identity and TI. We tested our hypotheses and the model on a sample of North American family firms and found support for most hypotheses.
Shared Identity, Family Influence, and the Transgenerational Intentions in Family Firms
A family’s transgenerational intention (TI) to pass ownership of the firm to the next generation of family members is the defining characteristic of a family. TI reflects a family’s intention to engage in succession planning, which is the primary predictor for succession success. In this study, we draw on psychological ownership theory to develop and test a model of a family’s TI. In the model, we argue that family influence impacts TI through shared identity. We also argue that a family firm CEO’s relationship to the family (by blood vs. marriage vs. hire) moderates the relationship between shared identity and TI. We tested our hypotheses and the model on a sample of North American family firms and found support for most hypotheses.
Shared Identity, Family Influence, and the Transgenerational Intentions in Family Firms
Raj V. Mahto (author) / Jiun-Shiu Chen (author) / William C. McDowell (author) / Saurabh Ahluwalia (author)
2019
Article (Journal)
Electronic Resource
Unknown
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