THE ROLE OF FAMILY DYNAMICS ON TRANSITION PROCESSES IN FAMILY FIRMS – HOW FAMILY DYNAMICS INFLUENCE INTERGENERATIONAL TRANSITION OUTCOMES

Rosalie E.M. Schwoerer, Elco VAN BURG, Janina Klein, Joerg Bueechl

Research output: Contribution to JournalMeeting AbstractAcademic

Abstract

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.

Original languageEnglish
Number of pages1
JournalAcademy of Management Proceedings
Volume2024
Issue number1
Early online date9 Jul 2024
DOIs
Publication statusPublished - 2024
Event84th Annual Meeting of the Academy of Management, AOM 2024 - Chicago, United States
Duration: 9 Aug 202413 Aug 2024

Bibliographical note

Publisher Copyright:
© 2025 Academy of Management. All rights reserved.

Fingerprint

Dive into the research topics of 'THE ROLE OF FAMILY DYNAMICS ON TRANSITION PROCESSES IN FAMILY FIRMS – HOW FAMILY DYNAMICS INFLUENCE INTERGENERATIONAL TRANSITION OUTCOMES'. Together they form a unique fingerprint.

Cite this