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An assessment of the determinants of successor development in family businesses

机译：评估家族企业后继发展的决定因素

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Purpose: The primary objective of this study is twofold: Firstly, to assess some of the determinants of successor development in family businesses with the focus on the role of the senior generation family members, and secondly, to make practical recommendations on actions that families can take to ensure successful management succession. Research methodology: The construct validity of the measuring scale was assessed by means of an exploratory factor analysis and by calculating Cronbach alpha coefficients. Thereafter, the correlation between the variables was explored by means of correlation analysis, t-tests and effect sizes. Findings: In this study the exploratory factor analysis provides some evidence of construct validity, but further research is needed before the measuring scale can be utilised to diagnose these issues in small and medium-sized family businesses. It is recommended that more advanced statistical procedures for scale validation, such as structural equation modelling, should be utilised in further development of the questionnaire. Supplementary research on the use of the measuring scale is also necessary to refine its norms. Practical implications: The importance for family businesses is that a better understanding of the determinants of the senior generation's role in the development of the prospective successor could contribute to the successful transfer of the business from the senior to the younger generation family members. It is, however, important to provide feedback on the diagnosis based on the proposed scale to individual family businesses. Originality/Value: Understanding the determinants of the role of the senior generation owner-manager in the development of the prospective successor is important to sensitise both role-players', as well as the senior and younger generations regarding their expectations, fears and needs in the process. This makes this measuring scale a useful tool to identify the state of these factors in the family business. Conclusion: This study confirms the important role that the senior generation family members play in the development of the younger generation successors to ensure that the prospected successor is competent to successfully manage the family business after management succession and to ensure the sustainability of the family business.
机译：目的：这项研究的主要目的是双重的：首先，评估家族企业中接班人发展的一些决定因素，重点是高年级家庭成员的作用;其次，就家庭可以采取的行动提出切实可行的建议。确保成功进行管理继任。研究方法：通过探索性因素分析和计算Cronbachα系数评估量表的结构效度。此后，通过相关分析，t检验和效应大小探索变量之间的相关性。结果：在这项研究中，探索性因素分析提供了一些结构正确性的证据，但是在将测量规模用于诊断中小型家族企业中的这些问题之前，还需要进一步的研究。建议在调查表的进一步开发中采用更高级的统计量表验证程序，例如结构方程模型。为了完善其规范，还需要对测量尺的使用进行补充研究。实际意义：对于家族企业而言，重要的是，更好地理解老年人在未来继任者的发展中所起的作用的决定因素，可能有助于企业从老年人家族成功转移到年轻一代家族成员。但是，重要的是要根据建议的规模向个体家族企业提供有关诊断的反馈。独创性/价值：了解高级一代所有者-经理在未来继任者发展中的作用决定因素，对于使角色扮演者以及老年人和年轻一代对他们的期望，恐惧和需求敏感，这一点很重要。过程。这使该度量衡成为确定家族企业中这些因素状态的有用工具。结论：本研究证实了高级家族成员在年轻一代继任者发展中的重要作用，以确保潜在继任者有能力在管理层继任后成功地管理家族企业并确保家族企业的可持续性。

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