The Effects of Family Firm CEO Traditionality on Successor Choice: The Moderating Role of Socioemotional Wealth

IF 9.9 1区管理学 Q1 BUSINESS

Family Business Review Pub Date : 2020-10-26 DOI:10.1177/0894486520967832

Feifei Lu, H. Kwan, Zhu Zhu

引用次数: 21

Abstract

Drawing on upper echelons theory, this study examines how the traditionality of family chief executive officers (CEOs) influences the selection of their successors, and how this relationship is moderated by two dimensions of socioemotional wealth. Recognizing the central role of CEOs in determining successors, we show that a family CEO’s cultural values regarding traditionality have a significant positive effect on the probability that a family member is chosen as successor. We find that this relationship is strengthened by the family members’ identification with the firm and weakened by the family members’ sense of dynasty. Our contributions to theory and practice are discussed.

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家族企业CEO传统性对接班人选择的影响:社会情感财富的调节作用

本研究运用上层梯队理论，探讨家族首席执行官的传统性如何影响其继任者的选择，以及这种关系如何被社会情感财富的两个维度所调节。认识到CEO在决定接班人方面的核心作用，我们表明家族CEO关于传统的文化价值观对家族成员被选为接班人的概率有显著的积极影响。我们发现，家族成员对企业的认同强化了这种关系，家族成员的王朝意识削弱了这种关系。讨论了我们对理论和实践的贡献。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Family Business Review BUSINESS-

CiteScore

12.40

自引率

13.60%

发文量

期刊介绍： Family Business Review (FBR) has been a refereed journal since 1988, serving as the premier scholarly publication dedicated to the study of family-controlled enterprises. It delves into the dynamics of these businesses, encompassing a range of sizes from small to very large. FBR concentrates not only on the entrepreneurial founding generation but also on family enterprises in subsequent generations, including some of the world's oldest companies. The journal also publishes interdisciplinary research covering families of wealth, family foundations, and offices.