The Socio-psychological Challenges of Succession in Family Firms: The Implications of Collective Psychological Ownership

Noora Heino (), Pasi Tuominen, Terhi Tuominen and Iiro Jussila
Additional contact information
Noora Heino: Lappeenranta University of Technology
Pasi Tuominen: Lappeenranta University of Technology
Terhi Tuominen: Lappeenranta University of Technology
Iiro Jussila: Lappeenranta University of Technology

Chapter 26 in The Palgrave Handbook of Heterogeneity among Family Firms, 2019, pp 715-746 from Springer

Abstract: Abstract One of the most distinct challenges that family businesses face is succession. Several researchers have recognized that it is not a single event, but a process associated with social and psychological challenges. This chapter advances knowledge on these challenges drawing on the theory of collective psychological ownership (CPO). More precisely, we present the socio-psychological challenges in succession and the main factors related to them, and discuss how CPO affects this relationship. This work serves as an analytical framework for future research on the topic.

Keywords: Family business; Succession; Socio-psychological challenges; Collective psychological ownership (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:sprchp:978-3-319-77676-7_26

Ordering information: This item can be ordered from
http://www.springer.com/9783319776767

DOI: 10.1007/978-3-319-77676-7_26

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().