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Impact of successors' social skills in family firms

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  • Hedi Yezza
  • Didier Chabaud

Abstract

Succession is connected to family firms' low rate of long-term survival. This research tests the effects of a successor's social skills on the success of succession in family firms. It extends the studies of Baron and Markman (2000, 2003), who emphasise the role of social skills in the early stages of the venturing process. To bridge this conceptual and empirical gap, a quantitative study was conducted on 77 companies that had experienced at least one succession in their recent history. The results indicate that the dimensions of social skills influence the success of succession in different ways. The successor's self-promotion has a negative effect, whereas his or her social adaptability, social perception, ingratiation, expressiveness, education level, and experience within the family firm have a positive impact. Lastly, this research provides a better understanding of emerging economies in Africa.

Suggested Citation

  • Hedi Yezza & Didier Chabaud, 2020. "Impact of successors' social skills in family firms," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 40(4), pages 465-487.
    • Handle: RePEc:ids:ijesbu:v:40:y:2020:i:4:p:465-487
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    Cited by:

    1. Danilo Bertoni & Daniele Cavicchioli & Laure Latruffe, 2023. "Impact of business transfer on economic performance: the case of Italian family farms," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 48(2), pages 186-213.

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