A RISK MANAGEMENT MODEL FOR PRESERVATION OF FAMILY BUSINESS

Yee Wah Chin and Patrick K. P. Chan
Additional contact information
Yee Wah Chin: Nanyang Business School, Nanyang Technological University, Singapore
Patrick K. P. Chan: School of Business Management, Nanyang Polytechnic, Singapore

Journal of Enterprising Culture (JEC), 1998, vol. 06, issue 04, 413-427

Abstract: Despite the psychological and material advantages of maintaining a family business, statistic on sustained growth are grim. This paper examines why it is essential for a family business to actively plan for the management succession process using a Risk Management Model (RMM). The RMM identifies the succession exposures in the family business, evaluates the impact of the identified succession exposures, and helps to effectively control the succession exposures.

Date: 1998
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0218495898000230
Access to full text is restricted to subscribers

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:wsi:jecxxx:v:06:y:1998:i:04:n:s0218495898000230

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0218495898000230

Access Statistics for this article

Journal of Enterprising Culture (JEC) is currently edited by Teck-Meng Tan

More articles in Journal of Enterprising Culture (JEC) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().