Ontology highlight
ABSTRACT:
SUBMITTER: Overbeke KK
PROVIDER: S-EPMC4448000 | biostudies-literature | 2015
REPOSITORIES: biostudies-literature
Overbeke Kathy K KK Bilimoria Diana D Somers Toni T
Frontiers in psychology 20150529
Family businesses are critical to the United States economy, employing 63% of the workforce and generating 57% of GDP (University of Vermont, 2014). Family business continuity, however, remains elusive as approximately 70% of family businesses do not survive the second generation (Poza, 2013). In order to augment our understanding of how next generation leaders are chosen in family businesses, we examine daughter succession. Using a sample of pairs of family business fathers and daughters and dr ...[more]