Does the well-matched marriage of successor affect the intergenerational inheritance of family business?

Lixia Wang (), Xi Ye, Yutong Fu and Xin Zhang
Additional contact information
Lixia Wang: Shanghai Dianji University
Xi Ye: Shanghai University
Yutong Fu: Shanghai University
Xin Zhang: Shanghai University

Palgrave Communications, 2024, vol. 11, issue 1, 1-10

Abstract: Abstract The mainstream type of intergenerational inheritance of family firms in China is typically based on the “son inheriting his father’s business” model. However, the current research on the intergenerational inheritance of family businesses mainly focuses on the impact of the personal capabilities of the successor, rather than the successor’s interpersonal relationships such as marriage. This paper uses literature analysis and case studies to study the impact of the successor’s marriage on the family business by refining the indicators of what constitutes a well-matched marriage. The findings show that the marriage of the second generation has a significant impact on the intergenerational inheritance of the family business, as such marriage helps to expand the social capital of the second generation of the family and improve the performance of the business.

Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1057/s41599-023-02544-7 Abstract (text/html)
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:pal:palcom:v:11:y:2024:i:1:d:10.1057_s41599-023-02544-7

Ordering information: This journal article can be ordered from
https://www.nature.com/palcomms/about

DOI: 10.1057/s41599-023-02544-7

Access Statistics for this article

More articles in Palgrave Communications from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().