TY - JOUR
T1 - THE ROLE OF FAMILY DYNAMICS ON TRANSITION PROCESSES IN FAMILY FIRMS – HOW FAMILY DYNAMICS INFLUENCE INTERGENERATIONAL TRANSITION OUTCOMES
AU - Schwoerer, Rosalie E.M.
AU - VAN BURG, Elco
AU - Klein, Janina
AU - Bueechl, Joerg
N1 - Publisher Copyright:
© 2025 Academy of Management. All rights reserved.
PY - 2024
Y1 - 2024
N2 - In a qualitative study of 16 German family firms, we examine how family dynamics influence intergenerational transition outcomes. We uncover four family dynamics, namely cohesion of extended families, multiple involved family members, predecessor-successor-relationship, and parents and partner influence. 31 semi-structured interviews with predecessor and successor CEOs revealed that the family dynamics have different influences on four major transition mechanisms, namely control, knowledge transfer, harboring, and emotional alignment that lead to two outcomes, heritage maintenance and transformation.
AB - In a qualitative study of 16 German family firms, we examine how family dynamics influence intergenerational transition outcomes. We uncover four family dynamics, namely cohesion of extended families, multiple involved family members, predecessor-successor-relationship, and parents and partner influence. 31 semi-structured interviews with predecessor and successor CEOs revealed that the family dynamics have different influences on four major transition mechanisms, namely control, knowledge transfer, harboring, and emotional alignment that lead to two outcomes, heritage maintenance and transformation.
UR - http://www.scopus.com/inward/record.url?scp=85208180548&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85208180548&partnerID=8YFLogxK
UR - https://journals.aom.org/toc/amproc/2024/1
U2 - 10.5465/AMPROC.2024.164bp
DO - 10.5465/AMPROC.2024.164bp
M3 - Meeting Abstract
AN - SCOPUS:85208180548
SN - 0065-0668
VL - 2024
JO - Academy of Management Proceedings
JF - Academy of Management Proceedings
IS - 1
T2 - 84th Annual Meeting of the Academy of Management, AOM 2024
Y2 - 9 August 2024 through 13 August 2024
ER -