SUCCESION MANAGEMENT IN ROMANIAN SMEs

Vladislav Rotaru, Laurentiu Mihai and Radu Ogarca
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Vladislav Rotaru: University of Craiova
Laurentiu Mihai: University of Craiova
Radu Ogarca: University of Craiova

Management and Marketing Journal, 2020, vol. XVIII, issue 2, 135-150

Abstract: In this article, we intended to conduct an explorative analysis of how Romanian entrepreneurs relate to the issue of succession in their business. The data was collected through an online questionnaire, which was answered by 70 entrepreneurs. The main aspects investigated were the way in which Romanian entrepreneurs plan their retirement and succession and the preparation of future successors. Following this study, our main conclusion is that the owners of family businesses in Romania don’t yet see this issue as being important.

Keywords: succession; SMEs; family business; successor. (search for similar items in EconPapers)
JEL-codes: M10 M20 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:aio:manmar:v:xviii:y:2020:i:2:p:135-150

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