“Whom do I want to be the next CEO?” Desirable successor attributes in family firms

Rodrigo Basco () and Andrea Calabrò ()
Additional contact information
Rodrigo Basco: Sheikh Saoud bin Khalid bin Khalid Al-Qassimi Chair in Family Business, American University of Sharjah

Journal of Business Economics, 2017, vol. 87, issue 4, No 3, 487-509

Abstract: Abstract The aim of our study is to understand whether different incumbent attitudes towards desirable successor attributes have an impact on their intention to nominate a family member or a non-family member as CEO and the extent to which this intention is moderated by the number of family members working in the firm as a proxy of socioemotional wealth preservation. Our main findings suggest that an incumbent’s intention to nominate a family member as the next CEO increases when they believe family standing attributes to be important and decreases when they consider managerial competence attributes to be important. However, the latter relationship weakens as the number of family members working in the firm increases.

Keywords: CEO succession; Family firms; Incumbent intentions; Socioemotional wealth; Successor attributes (search for similar items in EconPapers)
JEL-codes: L2 M10 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://link.springer.com/10.1007/s11573-016-0828-2 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:jbecon:v:87:y:2017:i:4:d:10.1007_s11573-016-0828-2

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/11573

DOI: 10.1007/s11573-016-0828-2

Access Statistics for this article

Journal of Business Economics is currently edited by Günter Fandel

More articles in Journal of Business Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().