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022 _a02662426
040 _aMSU
_bEnglish
_cMSU
_erda
050 0 0 _aHD2341.167
100 1 _aLam, Wing
_eauthor
245 1 0 _aDancing to two tunes :
_bmulti-entity roles in the family business succession process/
_ccreated by Wing Lam
264 1 _aLondon :
_bSage,
_c2011.
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aInternational small business journal
_vVolume 29, number 5
520 3 _aWhile some studies of family business focus on the succession process, very few have tried to understand it as an interactive, dynamic social process. The multi-entity roles that family business members play simultaneously during the social process have been largely ignored. The findings of this longitudinal ethnographic study highlight the inconsistency between the expressed attitudes, perceptions, plans and actual behaviours of family business members. In-depth discourse analysis and observation shed light on their underlying values, needs and hidden agendas, which have a major impact on the operation, success or failure of the business. This study has major implications for business founders and successors to understand their own roles in the succession process. It also has practical value for professional managers to understand the challenges and opportunities in the process of family business succession. It is important for policymakers to understand why family business succession fails, so that appropriate public policies can be introduced to support family businesses.
650 _aDebt maturity
_vLegal system
_xSmall business lending
856 _uhttps://doi.org/10.1177/0266242610376357
942 _2lcc
_cJA
999 _c166856
_d166856