Goldman, Adam; Gangasingh, Denish; Bell, Casey; Cao, Zach - 2021
succession planning success for first-generation, US-based, small and medium-sized family-owned businesses. Contrary to existing … studies, our research did not support the importance of formal succession planning. This study, however, identified seven … characteristics and generational change. By understanding these factors, family-owned businesses can improve succession planning and …