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Bringing Successors into the Fold: The Impact of Founders’ Actions on Successors

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  • Timothy P. Blumentritt

Abstract

Parker credibly contends that founders of family businesses can address the willing successor problem by improving the value of the firm through purposeful efforts and investments in tangible and intangible assets. This commentary explores how different types of potential successors might respond to those enticements.

Suggested Citation

  • Timothy P. Blumentritt, 2016. "Bringing Successors into the Fold: The Impact of Founders’ Actions on Successors," Entrepreneurship Theory and Practice, , vol. 40(6), pages 1261-1267, November.
    • Handle: RePEc:sae:entthe:v:40:y:2016:i:6:p:1261-1267
    DOI: 10.1111/etap.12245
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    References listed on IDEAS

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    1. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    2. William S. Schulze & Michael H. Lubatkin & Richard N. Dino & Ann K. Buchholtz, 2001. "Agency Relationships in Family Firms: Theory and Evidence," Organization Science, INFORMS, vol. 12(2), pages 99-116, April.
    3. Pramodita Sharma & P. Gregory Irving, 2005. "Four Bases of Family Business Successor Commitment: Antecedents and Consequences," Entrepreneurship Theory and Practice, , vol. 29(1), pages 13-33, January.
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    Cited by:

    1. Carolina Lescura de Carvalho Castro Volta & Alex Fernando Borges & Mônica Carvalho Alves Cappelle, 2021. "Succession in Family Business: An Analysis through the Concept of Conatus," RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), ANPAD - Associação Nacional de Pós-Graduação e Pesquisa em Administração, vol. 25(4), pages 200021-2000.
    2. Eduardo L. Giménez & José Antonio Novo, 2020. "A Theory of Succession in Family Firms," Journal of Family and Economic Issues, Springer, vol. 41(1), pages 96-120, March.
    3. Jon C. Carr & James J. Chrisman & Jess H. Chua & Lloyd P. Steier, 2016. "Family Firm Challenges in Intergenerational Wealth Transfer," Entrepreneurship Theory and Practice, , vol. 40(6), pages 1197-1208, November.

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