FAMILY-OWNED BUSINESS SUCCESSION AND GOVERNANCE: A MULTIPLE CASE STUDY IN BRAZIL

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Main Author: Leonardo Roth
Format: Artículo científico
Language:en
Published: Universidade Federal de Santa Catarina 2017
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author Leonardo Roth
author_facet Leonardo Roth
contents FAMILY-OWNED BUSINESS SUCCESSION AND GOVERNANCE: A MULTIPLE CASE STUDY IN BRAZIL Leonardo Roth Maria Clara Heinz Tissot Roberto Birch Gonçalves Administración y Contabilidad FOB Family owned business Family succession Corporate governance One of the main threats to the continuity of family-owned business is the poor management of the succession process between generations of the family. This risk factor can be avoided when the process works properly and can also become a renewal and strengthening tool for organizations. The aim of this study is to evaluate the different factors that trigger the succession, as well as the various ways in which companies act and react to the process and the succession’s turbulence. The methodology used was a qualitative study of multiple cases in four representatives family-owned organizations in south of Brazil. These families are going, either have passed or have chosen not to go through generational succession processes. The results show the process can be an opportunity to improve the company’s management. Moreover, it shows that there is no single model to follow, but good practices that can be applied to each case. 2017 artículo científico 1516-3865 https://www.redalyc.org/articulo.oa?id=273553871008 en http://www.redalyc.org/revista.oa?id=2735 Revista de Ciências da Administração application/pdf Universidade Federal de Santa Catarina Revista de Ciências da Administração (Brasil) Num.48 Vol.19
format Artículo científico
id redalyc_273553871008
institution Redalyc
language en
publishDate 2017
publisher Universidade Federal de Santa Catarina
spellingShingle FAMILY-OWNED BUSINESS SUCCESSION AND GOVERNANCE: A MULTIPLE CASE STUDY IN BRAZIL
Leonardo Roth
Administración y Contabilidad
FOB
Family
owned business
Family succession
Corporate governance
FAMILY-OWNED BUSINESS SUCCESSION AND GOVERNANCE: A MULTIPLE CASE STUDY IN BRAZIL Leonardo Roth Maria Clara Heinz Tissot Roberto Birch Gonçalves Administración y Contabilidad FOB Family owned business Family succession Corporate governance One of the main threats to the continuity of family-owned business is the poor management of the succession process between generations of the family. This risk factor can be avoided when the process works properly and can also become a renewal and strengthening tool for organizations. The aim of this study is to evaluate the different factors that trigger the succession, as well as the various ways in which companies act and react to the process and the succession’s turbulence. The methodology used was a qualitative study of multiple cases in four representatives family-owned organizations in south of Brazil. These families are going, either have passed or have chosen not to go through generational succession processes. The results show the process can be an opportunity to improve the company’s management. Moreover, it shows that there is no single model to follow, but good practices that can be applied to each case. 2017 artículo científico 1516-3865 https://www.redalyc.org/articulo.oa?id=273553871008 en http://www.redalyc.org/revista.oa?id=2735 Revista de Ciências da Administração application/pdf Universidade Federal de Santa Catarina Revista de Ciências da Administração (Brasil) Num.48 Vol.19
title FAMILY-OWNED BUSINESS SUCCESSION AND GOVERNANCE: A MULTIPLE CASE STUDY IN BRAZIL
topic Administración y Contabilidad
FOB
Family
owned business
Family succession
Corporate governance
url https://www.redalyc.org/articulo.oa?id=273553871008