This study focuses on the transfer process and the importance of human capital and succession planning as firm resource from the seller's perspective. It further differentiates amongst two types of human capital - specific and generic - to predict the transfer duration, obtained price and...

This study applies social capital theory to the ownership group in private firms. Extant research on ownership focuses primarily on the type or structure of ownership, whether as independent or control variable, to predict various firm effects. However, especially in the private firm, owners are...