Table 2

Synoptic representation of the case study evidence

Investigated featuresMain findings (factors hindering business succession planning)Companies presenting this evidence (companies listed by letter references defined in Table 1)
Shared attitudes of the involved generations towards business transmission planningShared desire for business continuity, but different opinions about how to manage the founders' role after successionAll, with the exception of firm J
Avoidance of intergenerational conflict as far as possibleAll
Systematic procrastination of business succession to an uncertain futureAll, with the exception of firm C
Cultural, value and social factors influencing the attitudes towards business transmission planningShared ethical dimension: strong commitment to the business continuity, but at the same time conflicts with the personal aspirations of the next generationFirms C, E, F, H and J
If the daughter is involved, the attitude is influenced by gender stereotypesFirms A, H, I, J
Shared perceived efficacy of the next generations towards business transmissionDisagreement on the level of effectiveness and competence of the next generationAll, with the exception of firms D and J
The sons often declared a high self-efficacy level, in comparison with the daughtersAll, with the exception of B and G
Nothing is done to encourage the development of the sense of self-efficacy: neither mentoring nor vicarious experiencesFirms A, C, F, I

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