Vision and Exchange in Intra–Family Succession: Effects on Procedural Justice Climate among Nonfamily Managers

Tim Barnett, Rebecca G. Long and Laura E. Marler

Entrepreneurship Theory and Practice, 2012, vol. 36, issue 6, 1207-1225

Abstract: We develop and extend fledgling literature on procedural justice climate and succession processes in family firms by focusing on the impact of family vision and exchange systems on procedural justice climate among nonfamily managers. Drawing upon social exchange theory, we argue that family involvement accompanied by a weak family vision will be associated with restricted exchanges in dominant coalitions, which will have a negative impact on procedural justice climate among nonfamily managers. Conversely, we suggest that family involvement with a strong family vision will be accompanied by generalized exchange, which should positively impact the procedural justice climate among nonfamily managers. We expect that the extent to which nonfamily managers work to support or hinder intra–family succession will be influenced by their collective perception of a positive or negative procedural justice climate.

Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1111/j.1540-6520.2012.00546.x (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:36:y:2012:i:6:p:1207-1225

DOI: 10.1111/j.1540-6520.2012.00546.x

Access Statistics for this article

More articles in Entrepreneurship Theory and Practice
Bibliographic data for series maintained by SAGE Publications ().