IDEAS home Printed from https://ideas.repec.org/p/vor/issues/2016-09-06.html
   My bibliography  Save this paper

EMOTIONAL AND FAMILY INFLUENCES IN SUCCESSION PLANNING OF FAMILY OWNED BUSINESSES WITH RESPECT TO SMEs

Author

Listed:
  • Shikha Bhardwaj

Abstract

Succession planning is an integral part of every business but how many houses actually realize this questionable. In India, even the big business houses are comfortable in discussing these matters in board meetings. Business in India is more like a property where one individual owns and further passed on to family member only. In recent past there has been tremendous change in our patterns of succession planning. Thus this article throws some light on these issues of succession planning in family owned businesses in India. The data have been collected from different Small and Medium Enterprises in automotive component Industry. The samples have been chosen out of family owned businesses (FOBs) only. The data have been collected from Delhi and National capital region of India. The data was collected from Chairman, Managing Director, Executive Director and Board members of the enterprises. The data is collected in two forms through Face to face interview with four basic questions. Further the data has been represented by content analysis of the respondents. Key words: Emotions, Succession planning, Family and Stress. Policy

Suggested Citation

  • Shikha Bhardwaj, 2016. "EMOTIONAL AND FAMILY INFLUENCES IN SUCCESSION PLANNING OF FAMILY OWNED BUSINESSES WITH RESPECT TO SMEs," Working papers 2016-09-06, Voice of Research.
    • Handle: RePEc:vor:issues:2016-09-06
    as

    Download full text from publisher

    File URL: http://www.voiceofresearch.org/doc/Sep-2016/Sep-2016_6.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mazumdar, Surajit, 2008. "The analysis of business groups: Some observations with reference to India," MPRA Paper 19628, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nishant B. Labhane & Jitendra Mahakud, 2018. "Dividend Smoothing and Business Groups: Evidence from Indian Companies," Global Business Review, International Management Institute, vol. 19(3), pages 690-706, June.
    2. Anand Saxena, 2013. "Transgenerational succession in business groups in India," Asia Pacific Journal of Management, Springer, vol. 30(3), pages 769-789, September.
    3. Khatua, Apalak, 2023. "Why is diversification not dead? Evidence from family business groups during economic reforms in India," Journal of Family Business Strategy, Elsevier, vol. 14(2).
    4. Shikha Bharadwaj, 2014. "Emotional And Family Influences In Succession Planning Of Family Owned Businesses With Respect To Smes," Working papers 2014-06-13, Voice of Research.
    5. Manos, Ronny & Murinde, Victor & Green, Christopher J., 2012. "Dividend policy and business groups: Evidence from Indian firms," International Review of Economics & Finance, Elsevier, vol. 21(1), pages 42-56.

    More about this item

    Keywords

    emotions; succession planning; family and stress. policy;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vor:issues:2016-09-06. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Avdhesh Jha (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.