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Succession within the Context of Family Firms in the GGVV-Region: Individual and Organizational Level Factors
Jönköping University, Jönköping International Business School.
Jönköping University, Jönköping International Business School.
2019 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

Background: Succession is a crucial concern for family business owners where an issue of importance is to retain the control within the family. Succession is a planned process which must be put in place to rearrange the leadership from one family member to another. It is a fragile process which requires a precise and in- depth planning as a result of the different essence of family firms. One of the most thriving and successful entrepreneurship regions in Sweden is the GGVV-region, Gnosjö, Gislaved, Värnamo and Vaggeryd, located in south of Sweden and consists of many family firms. Most of the companies in the GGVV-region are successful, at the same time, family firms in this region manage to go through successions and keep the business within the family. However, there is a little research available on succession within the GGVV-region.

Purpose: The purpose of this research is to discover and examine the individual- and organizational level factors involved in succession for family members within family firms in the GGVV-region. The study will also identify what challenges family firms in this region deal with during the succession process.

Method: The research was made with a qualitative approach, using in-depth, semi-structured interviews to collect the data. Ten face-to-face interviews were conducted with family firm owners in order to gather information about the succession process. An inductive approach has been used to analyze and interpret the data.

Conclusion: It was concluded that common individual level- and organizational level factors has a major impact and is of importance when it comes to the succession process within the GGVV-region. Furthermore, it was also found that challenges such as; understand the complexity, clear work description andreleasing the control tend to have a crucial role within the succession process.

Place, publisher, year, edition, pages
2019. , p. 79
Keywords [en]
Organizational Level Factors, GGVV-Region, Family Firms, Succession Process, Individual Level Factors
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-43913ISRN: JU-IHH-FÖA-2-20190960OAI: oai:DiVA.org:hj-43913DiVA, id: diva2:1319485
Subject / course
JIBS, Business Administration
Supervisors
Examiners
Available from: 2019-06-28 Created: 2019-06-01 Last updated: 2019-06-28Bibliographically approved

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Citation style
  • apa
  • ieee
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Language
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  • Other locale
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Output format
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