Unveiling the determining factors of family business longevity: Evidence from Kosovo

Veton Jahmurataj, Veland Ramadani, Abdylmenaf Bexheti, Gadaf Rexhepi, Hyrije Abazi-Alili and Besnik A. Krasniqi

Journal of Business Research, 2023, vol. 159, issue C

Abstract: This paper explores the determining factors that affect family business longevity in Kosovo. The study is based on a sample of 356 family businesses, from different sizes and sectors. Correlations, linear regression, and path analysis were used for empirical analyses. The study highlighted that of all the determining factors considered, three of them influence the family business longevity, such as quality of family members’ relationships, knowledge transfer from the founder to the successor, and family culture, while founders’ education/professional training, succession planning, and successors’ adequate preparation, have no impact on the family businesses longevity. Implications, limitations, and future research directions are discussed as well.

Keywords: Family business; Longevity; Founder’s education; Succession planning; Knowledge transfer; Family members relationships; Family culture; Kosovo (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:159:y:2023:i:c:s0148296323001030

DOI: 10.1016/j.jbusres.2023.113745

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