How does an intra-family succession effect strategic change and performance in China's family firms?

被引：48

作者：

Zhao, Jing ^{[1
]}

Carney, Michael ^{[2
]}

Zhang, Shubo ^{[3
]}

Zhu, Limin ^{[1
]}

机构：

[1] Renmin Univ China, Sch Business, 59 Zhongguancun St, Beijing, Peoples R China

[2] Concordia Univ, John Molson Sch Business, 1445 De Maisonneuve Blvd, West Montreal, PQ H3G 1M6, Canada

[3] Chinese Univ Hong Kong, Sch Accountancy, Shatin, Hong Kong, Peoples R China

来源：

ASIA PACIFIC JOURNAL OF MANAGEMENT | 2020年 / 37卷 / 02期

关键词：

Family firms; Strategic change; Succession; Foriegn education; Performance; MODERATING ROLE; TOP-MANAGEMENT; CEO TENURE; ENTREPRENEURIAL ORIENTATION; SOCIOEMOTIONAL WEALTH; UPPER ECHELONS; FOUNDER; GOVERNANCE; IMPACT; BUSINESS;

D O I：

10.1007/s10490-018-9568-x

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

Motivated by the sparse literature on succession dynamics in China and other transitional markets we consider the effects of initiating an intra-family leadership succession on firm strategic change and performance on a sample of publicly listed family firms from China. Grounded in upper echelons theory we find that the initiation of a succession process leads to significant strategic change. Based on generational differences between founders and successors we find the succession-strategic change relationship is positively moderated by a successor's international education. We also consider the strategic change to performance relationship.

引用

页码：363 / 389

页数：27

共 50 条

[41] Women's leadership and SMEs' CSR performance: Family versus nonfamily firms [J].

Tran, Nhat Minh ;

Nguyen, Thanh Huyen .

COGENT BUSINESS & MANAGEMENT, 2022, 9 (01)

[42] What's in a name? An analysis of the strategic behavior of family firms [J].

Kashmiri, Saim ;

Mahajan, Vijay .

INTERNATIONAL JOURNAL OF RESEARCH IN MARKETING, 2010, 27 (03) :271-280

[43] Family commitment and performance in private family firms: moderating effect of professionalization [J].

Razzak, Mohammad Rezaur ;

Jassem, Suaad ;

Akter, Alima ;

Al Mamun, Syed Abdulla .

JOURNAL OF SMALL BUSINESS AND ENTERPRISE DEVELOPMENT, 2021, 28 (05) :669-689

[44] How does a succession influence investment decisions, credit financing and business performance in small and medium-sized family firms? [J].

Arndt Werner ;

Sabrina Schell ;

Ljuba Haunschild .

International Entrepreneurship and Management Journal, 2021, 17 :423-446

[45] DOES THE NUMBER OF OWNERS MATTER IN FINANCIAL PERFORMANCE OF FAMILY AND NON-FAMILY FIRMS? [J].

Stasa, Michele ;

Machek, Ondrej .

PROCEEDINGS OF THE 8TH INTERNATIONAL CONFERENCE INNOVATION MANAGEMENT, ENTREPRENEURSHIP AND SUSTAINABILITY (IMES 2020), 2020, :611-621

[46] How do entrepreneurial networks change across generations in family firms in the Arab world? The case of Palestine [J].

Darwish, Nidal A. .

MIDDLE EAST JOURNAL OF MANAGEMENT, 2025, 12 (04)

[47] Does Strategic Change Enhance the Relationship between Firms' Resources and SMEs Performance in Pakistan? [J].

Matloob, Sheema ;

Limon, Monica Lorena Sanchez ;

Montemayor, Halia Mayela Valladares ;

Raza, Ali ;

Rodriguez, Julio Cesar Castanon .

SUSTAINABILITY, 2023, 15 (03)

[48] Does Gender Matter in the Performance of Family Firms? Evidence from the Czech Republic [J].

Kolouchova, Daniela ;

Machek, Ondrej ;

Kubicek, Ales .

EUROPEAN FINANCIAL SYSTEMS 2019, 2019, :299-306

[49] How does Family Control Influence Firm Strategy and Performance? A Meta-Analysis of US Publicly Listed Firms [J].

van Essen, Marc ;

Carney, Michael ;

Gedajlovic, Eric R. ;

Heugens, Pursey P. M. A. R. .

CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW, 2015, 23 (01) :3-24

[50] How does founders' religiosity affect the proactive environmental strategies in family firms? Evidence from China [J].

Yang, Xuelei ;

Shang, Hangbiao ;

Lan, Hailin ;

Li, Weining .

BUSINESS ETHICS THE ENVIRONMENT & RESPONSIBILITY, 2024, 33 (01) :113-128

← 1 2 3 4 5 →