...Lijie Zhang; Zhibin Lin; Yevhen Baranchenko; Li Ren Purpose This study investigates how intra-family succession impacts the internationalization of family firms, focusing on generational factors such as the departure of incumbents and the social capital of successors. Design/methodology...

... Family firms in China, typically founded in the 1980s and 1990s following the country’s economic reforms, are currently facing a critical issue: succession. As the first generation of founders approaches retirement age, these firms favour intra-family succession, which involves transferring control...