..., entrepreneurship, governance and succession and risk and finance. Innovation paradoxes reflect the tension between tradition and change, entrepreneurship paradoxes arise from generational and power shifts and governance and succession present conflicts based on identity and legitimacy. The paradoxes of risk...

...Marlen López-Pérez; Asael Islas-Moreno; Oscar Arce-Cervantes; Benito Flores-Chávez Purpose Succession is the biggest challenge facing family businesses and to overcome it these organizations need to know and align the perspectives of all members involved. The objective was to analyse the degree...

...Faisal Shahzad; Ather Akhlaq; Chaman Ghaffar Purpose This study aims to investigate the factors influencing successful and unsuccessful succession in Pakistani family-owned businesses (FOBs), with a focus on the interplay between formal governance practices and socio-cultural dynamics...

... are important to ensure transparency, fairness and accountability as they provide insight into the practices of business families and how succession challenges such as the possibility of using signaling games and addressing gender biases and information asymmetries that have been reported in past research could...

...Zeshan Ahmad; Usama Najam; Norizah Mustamil Purpose The succession phenomenon in family-owned businesses (F-OB) determines their future viability and success. This study aims to provide insight into key research areas related to F-OB’s succession and identify gaps in current literature that can...

...Cristina Alvarado-Alvarez; Martin C. Euwema Purpose Through this exploration, this article seeks to contribute to facilitate a greater female participation in power and leadership positions in the context of succession by presenting perspectives in research and practical implications for both...

...Moustafa Haj Youssef; Jahangir Wasim; Ioannis Christodoulou; Robert Reinhardt Purpose The aim of this study is to explore and elucidate the influence of polygamy on the succession dynamics of family businesses in the Arab world, offering insights that may be underrepresented or overlooked...

...Shital Jayantilal; Sílvia Ferreira Jorge; Paulo Alcarva Purpose Family businesses are essential to the global economy but often grapple with family-related issues, especially during succession. This study explores how governance tools like the family protocol (FP) mitigate conflicts by setting...

...Thanh-Thao Luong; Cat-My Dang; Que Nguyet Tran Purpose This study aims to identify various factors that have driven the knowledge transfer process for succession purposes in family business since the 1920s and discuss their implications for advancing effective succession planning in this business...

...Marta Wojtyra-Perlejewska; Izabela Koładkiewicz Purpose This study explores the roles of formal advisors (FAs) in the succession process of family firms and the factors that determine them. Design/methodology/approach Data for this study were collected through interviews with 38 FAs, including...

...Paul Strickland; Vanessa Ratten Purpose This paper aims to examine the opportunities of continuous family succession in operating small-to-medium-sized wineries (SMWs) in Victoria, Australia. Design/methodology/approach Using case studies from Victoria, an exploratory qualitative approach...

...Okey Nwuke; Ogechi Adeola Purpose This study explores the different survival strategies employed by family-owned small and medium-sized businesses in Nigeria. The study delves into the dynamics of ensuring business continuity from founders to successors and identifies the success factors that can...

... examples of born-again global internationalization. Design/methodology/approach This article analyzes the process of born-again global internationalization of a mature family business triggered by succession in an SEW loss mode. The interplay of dynamic capabilities (DCs) as drivers and SEW...

... businesses dominate ”, Family Business Review , Vol.  16 No.  4 , pp.  235 - 240 . Janjuha-Jivraj , S. and Woods , A. (2002), “ Successional issues within Asian family firms: learning from the Kenyan experience ”, International Small Business Journal , Vol.  20 No.  1 , pp.  77 - 94...

... the similarities and differences. Veland Ramadani is the corresponding author and can be contacted at: v.ramadani@seeu.edu.mk 02 11 2021 17 11 2021 21 11 2021 © Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only Family business Succession...

... with the situational cues present during the succession process to predict the successor's willingness to take control of the family firm and offer testable propositions to guide future empirical work. Originality/value The authors help to address the growing need for additional microfoundational family firm...

... succession. Design/methodology/approach A longitudinal, ethnographic case study approach collects data from 15 in-depth interviews, one year of observation and a one-month on-site internship. Findings Results show that a well-defined succession plan and the active involvement of the successor/s...

...Nyayu Lathifah Tirdasari; Wawan Dhewanto Purpose Succession timing plays a key role in the part of the succession process. While much notice has been given solely to the viewpoint of predecessor and successor, less known about the schedule during this most critical family business dealings...

...Boris Urban; Ruth Palesa Nonkwelo Purpose Literature considers the succession process to be successful when both the continuity of the business and harmony within the family are preserved. This study empirically investigates intra-family dynamics with regard to daughters as potential successors...

... case studies: seven Portuguese family companies. Data collection techniques, interviewing, direct observation and documentary analysis were used. Findings Based on the empirical evidence, it is concluded that the family council and family protocol help succession planning and favour the continuity...