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The Pattern Analysis of Family Business Succession: A Study on Medium Scale Family Business in Indonesia

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  • Christina Whidya Utami
  • Denny Bernardus
  • Gek Sintha

Abstract

The family business is a business family members have developed, whose ownership and policy-making are dominated by members of a group with emotional kinship.The purpose of this study is to analyze whether the management succession patterns including a personality system, a family system, a ownership right system and a management system become the primary factors determining the success of the family businessThe results of the study, using Partial Least Square showed Family System variable, had significant influence on Sustainability Family Business Meanwhile, Personality System, Ownership System and Personality system variables had no significant effects on Sustainability of the family business.

Suggested Citation

  • Christina Whidya Utami & Denny Bernardus & Gek Sintha, 2017. "The Pattern Analysis of Family Business Succession: A Study on Medium Scale Family Business in Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(2A), pages 461-474.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:2a:p:461-474
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    References listed on IDEAS

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    Cited by:

    1. Nnabuife Ezimma K. & Okoli Ifeanyi Emmanuel & Arachie Augustine Ebuka & Adani Nnenne Ifechi, 2019. "The Intricacies of Female Successors in Family Owned Businesses," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 6(1), pages 1-13, December.
    2. Denny Bernadus & Christina Whidya Utami & Liliana, 2018. "Factor Analysis of Ownership Behavior at Family Business: The Case of Indonesia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 27-38.
    3. repec:ers:journl:v:vi:y:2018:i:2:p:27-38 is not listed on IDEAS
    4. Evren Ayranci, 2017. "Trust Issue in Family Businesses and Its Relationships with Institutionalization," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(10), pages 26-40, October.

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