THE DYNAMICS OF GROWTH AND SUCCESSION IN ENTREPRENEURIAL ORGANISATIONS
John Barton Cunningham and
Janice Ho
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John Barton Cunningham: School of Accountancy and Business Nanyang Technological Unversity, Singapore
Janice Ho: School of Accountancy and Business Nanyang Technological Unversity, Singapore
Journal of Enterprising Culture (JEC), 1994, vol. 02, issue 01, 571-600
Abstract:
There are two sets of transitions which most family businesses face. (i) There are often conflicts between fathers, mothers, sons, daughters, and non-family members over who will take over the business. (ii) The family business is also responding to problems relating to growth and adaptation, and the need for management systems that goes beyond the persistence and personality of the founder. This paper provides a framework for understanding how these two processes are interlinked. Family and company transitions both require changes in the organisation’s direction and focus. This paper suggests that family and company transitions provoke different reactions making it necessary to respond in different ways.
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:jecxxx:v:02:y:1994:i:01:n:s0218495894000161
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DOI: 10.1142/S0218495894000161
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