{"title":"Family business succession in ICT-based industries","authors":"Gabriela Doina Stănciulescu, Alexandra Ioanid","doi":"10.9770/jesi.2023.11.2(17)","DOIUrl":null,"url":null,"abstract":". Succession in family businesses represents an essential stage in the company's life, but also of the family, the success of the process being linked to the family heritage. Transferring the business to the next generation is a complicated process that involves careful analysis of all elements involved (family, management, ownership). These elements will undergo substantial changes following the succession process. Even if the studies on family businesses have become more numerous in recent years, the research on the succession process and succession strategies is relatively limited. Conversely, the general conclusions are related to large businesses in the second or third stage of business transfer to the next generation. Consequently, this study aims to address some specific issues related to the ICT-based family business succession process in Romania from the last decade","PeriodicalId":47127,"journal":{"name":"Entrepreneurship and Sustainability Issues","volume":"40 ","pages":""},"PeriodicalIF":1.2000,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Entrepreneurship and Sustainability Issues","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.9770/jesi.2023.11.2(17)","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
. Succession in family businesses represents an essential stage in the company's life, but also of the family, the success of the process being linked to the family heritage. Transferring the business to the next generation is a complicated process that involves careful analysis of all elements involved (family, management, ownership). These elements will undergo substantial changes following the succession process. Even if the studies on family businesses have become more numerous in recent years, the research on the succession process and succession strategies is relatively limited. Conversely, the general conclusions are related to large businesses in the second or third stage of business transfer to the next generation. Consequently, this study aims to address some specific issues related to the ICT-based family business succession process in Romania from the last decade
期刊介绍:
ENTREPRENEURSHIP AND SUSTAINABILITY ISSUES ISSN 2345-0282 (online) is a peer-reviewed scientific journal, serving as a platform to foster multi/interdisciplinary innovations that bring together the research communities and the end-users being affected. It is where theory meets practice, evident in the authors being experts across the industrial value chain – including business visionaries, regulatory and standards bodies, and especially pan-European networking through public and private sector partnerships (PPPs). Accepted papers present outcomes of initiatives and findings across all fields of science and technology, especially social sciences and humanities. Multi/interdisciplinary approach is encouraged. Recent additions to the already well-accomplished editorial board includes experts from the energy and information and communication technologies (ICT) sectors, particularly focused on advances to the state of the arts in environmental sustainability developments. This journal publishes original research papers that are rich with case studies of modern demonstrations, presenting innovative solutions to socio-economic and socio-technical problems that plague modern societies. It is a journal that is positioned as collaborative platform where theory meets practice, which is accomplished by publishing authors who’ve uncovered new linkages between data formulation and the underpinning theories, cases, observations, and validated hypotheses arising from the analysis of that data. ESI journal scope includes as well a particular focus on the business development side of smart electricity grids regarding financial or innovative technological aspects surrounding: renewable production, energy storage and management, construction materials, retrofitting, urban planning, and the trading of actors within emerging markets affected by energy supply and demand tradeoff.