Artikel
Information asymmetries in intrafamily business succession
The often long-lasting process of intrafamily business succession involves contracts for management and ownership transfer that unfold in a complex series of stages. The older and larger a family business, the more heterogeneous the involved family members' interactions and interests can become. These differences become obvious in the succession process. Also, in entrepreneurial families, information is not easy to obtain and is neither perfect nor unlimited, for example, with regard to expectations regarding the duration or the type of business succession. Information asymmetries can arise. This article investigates the drivers of information asymmetries and provides insight into the current research by investigating information asymmetries and their impact during different phases of intrafamily business succession. Data from 215 German firms reveal the occurrence of specific information asymmetries during different phases of intrafamily business succession.
- Sprache
-
Englisch
- Erschienen in
-
Journal: BRQ Business Research Quarterly ; ISSN: 2340-9436 ; Volume: 25 ; Year: 2022 ; Issue: 2 ; Pages: 173-192 ; London: Sage Publishing
- Klassifikation
-
Management
Personnel Economics: Other
Asymmetric and Private Information; Mechanism Design
- Thema
-
Business succession
information asymmetries
family firms
succession process
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wolff, Sven
Schell, Sabrina
Moog, Petra
- Ereignis
-
Veröffentlichung
- (wer)
-
Sage Publishing
- (wo)
-
London
- (wann)
-
2022
- DOI
-
doi:10.1177/2340944420942525
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Wolff, Sven
- Schell, Sabrina
- Moog, Petra
- Sage Publishing
Entstanden
- 2022
Ähnliche Objekte (12)
Growing information asymmetries as the cloud spreads
Business succession from an Islamic accounting perspective
Real wage responsiveness to unemployment in Spain: Asymmetries along the business cycle
Information asymmetries between parents and educators in German childcare institutions
Ascending auctions with bidder asymmetries
Measuring the Impact of MiFID II on Information Asymmetries Using Microstructure Models
Assisted Reproductive Technologies in Mali : Asymmetries and Frictions
Assisted reproductive technologies in Mali : asymmetries and frictions
Succession as a risk process in the survival of a family business: Case of Slovakia
Business information systems in Hungary
Private consumption and cyclical asymmetries in the euro area
Succession planning, strategic flexibility as predictors of business sustainability in family-owned SMEs: Moderating role of organization improvisation
Growing information asymmetries as the cloud spreads
Business succession from an Islamic accounting perspective
Real wage responsiveness to unemployment in Spain: Asymmetries along the business cycle
Information asymmetries between parents and educators in German childcare institutions
Ascending auctions with bidder asymmetries
Measuring the Impact of MiFID II on Information Asymmetries Using Microstructure Models
Assisted Reproductive Technologies in Mali : Asymmetries and Frictions
Assisted reproductive technologies in Mali : asymmetries and frictions
Succession as a risk process in the survival of a family business: Case of Slovakia
Business information systems in Hungary
Private consumption and cyclical asymmetries in the euro area
Succession planning, strategic flexibility as predictors of business sustainability in family-owned SMEs: Moderating role of organization improvisation
Growing information asymmetries as the cloud spreads
Business succession from an Islamic accounting perspective
Real wage responsiveness to unemployment in Spain: Asymmetries along the business cycle
Information asymmetries between parents and educators in German childcare institutions
Ascending auctions with bidder asymmetries
Measuring the Impact of MiFID II on Information Asymmetries Using Microstructure Models
Assisted Reproductive Technologies in Mali : Asymmetries and Frictions
Assisted reproductive technologies in Mali : asymmetries and frictions
Succession as a risk process in the survival of a family business: Case of Slovakia
Business information systems in Hungary
Private consumption and cyclical asymmetries in the euro area