Juliana R. Baltazar , Joao J. Ferreira , Mathew Hughes
{"title":"What do we know about strategic approaches to family businesses succession? A systematic review and future agenda","authors":"Juliana R. Baltazar , Joao J. Ferreira , Mathew Hughes","doi":"10.1016/j.scaman.2025.101396","DOIUrl":null,"url":null,"abstract":"<div><div>Research on family-owned businesses has recently gained increased attention. Given the absence of any comprehensive review of the strategic approaches to succession in family firms, a systematic review of research to date was performed. Six main approaches emerged from the 122 studies reviewed: (i) Strategic planning, (ii) Knowledge transfer, (iii) Innovation and internationalization, (iv) Family and business vision, (v) Business exit, and (vi) Governance strategy. This study provides an integrative framework of the strategic approaches adopted by family companies during their succession processes and gaps existing in this area, suggesting a future research agenda.</div></div>","PeriodicalId":47759,"journal":{"name":"Scandinavian Journal of Management","volume":"41 2","pages":"Article 101396"},"PeriodicalIF":2.5000,"publicationDate":"2025-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Scandinavian Journal of Management","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0956522125000016","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0
Abstract
Research on family-owned businesses has recently gained increased attention. Given the absence of any comprehensive review of the strategic approaches to succession in family firms, a systematic review of research to date was performed. Six main approaches emerged from the 122 studies reviewed: (i) Strategic planning, (ii) Knowledge transfer, (iii) Innovation and internationalization, (iv) Family and business vision, (v) Business exit, and (vi) Governance strategy. This study provides an integrative framework of the strategic approaches adopted by family companies during their succession processes and gaps existing in this area, suggesting a future research agenda.
期刊介绍:
The Scandinavian Journal of Management (SJM) provides an international forum for innovative and carefully crafted research on different aspects of management. We promote dialogue and new thinking around theory and practice, based on conceptual creativity, reasoned reflexivity and contextual awareness. We have a passion for empirical inquiry. We promote constructive dialogue among researchers as well as between researchers and practitioners. We encourage new approaches to the study of management and we aim to foster new thinking around management theory and practice. We publish original empirical and theoretical material, which contributes to understanding management in private and public organizations. Full-length articles and book reviews form the core of the journal, but focused discussion-type texts (around 3.000-5.000 words), empirically or theoretically oriented, can also be considered for publication. The Scandinavian Journal of Management is open to different research approaches in terms of methodology and epistemology. We are open to different fields of management application, but narrow technical discussions relevant only to specific sub-fields will not be given priority.