search query: @freeterm SUCCESSION / total: 6
reference: 5 / 6
| Author: | Westhead, P. |
| Title: | Succession decision-making outcomes reported by private family companies |
| Journal: | International Small Business Journal
2003 : NOV, VOL. 21:4, p. 369-401 |
| Index terms: | Decision making Family firms |
| Freeterms: | Succession |
| Language: | eng |
| Abstract: | The internal and external environmental characteristics of private family companies associated with succession decision-making outcomes (i.e. the propensity of family firms to report whether the board has established clear-cut objective criteria, specifying when the current CEO should retire, whether the CEO has a successor in mind and whether a succession plan has been approved by family members) are explored in this study. Multivariate logistic regression analysis detected that the life cycle dynamics of the CEO and family dynamics were associated with the selected outcomes. |
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