Arbeitspapier
The impact of firm performance on the business transfer mode
This paper analyzes the impact of family firms' past and future economic viability on the incumbents' decision on the business transfer mode. Using the German IAB Establishment Panel and estimating logistic regression models we show that the decision on the business transfer mode rather depends on the expected future performance than on the past one. Moreover, family businesses that are exclusively managed by their owners are more likely to be planning an intra-family succession. However, ambiguity about the future performance overrides the original intention and induces the incumbents to sell the business.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 04/18
- Klassifikation
-
Wirtschaft
Firm Performance: Size, Diversification, and Scope
Entrepreneurship
- Thema
-
family businesses
business succession
transfer mode
performance
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kay, Rosemarie
Pahnke, André
Schlepphorst, Susanne
- Ereignis
-
Veröffentlichung
- (wer)
-
Institut für Mittelstandsforschung (IfM) Bonn
- (wo)
-
Bonn
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Kay, Rosemarie
- Pahnke, André
- Schlepphorst, Susanne
- Institut für Mittelstandsforschung (IfM) Bonn
Entstanden
- 2018
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