Succession planning in family firms in Thailand: a gender-based analysis
by Duangta Duangekanong; Somsit Duangekanong
Title: | Succession planning in family firms in Thailand: a gender-based analysis |
Author(s): | Duangta Duangekanong
Somsit Duangekanong |
Issued date: | 2017 |
Publisher: | Assumption University Press |
Citation: | AU-GSB e-JOURNAL 10, 1 (June 2017), 214-222 |
Abstract: |
This research examined succession planning in family firms in Thailand, with an objective of determining whether predecessor (firm leader) gender made a difference in the comprehensiveness or perceived success of the succession process. A questionnaire was distributed to Bangkok-area business owners of family firms that had gone through a leadership transition (n = 254), including 168 male-led firms and 86 female-led firms. Analysis was conducted using structural equation modeling (SEM). Results showed that the firm owner’s age, firm size and organizational formality influenced the comprehensiveness of the succession planning process, but reliance on either family funding or external capital access did not. The comprehensiveness of the succession planning process had a significant effect on perceived success of the succession planning process. These results are exploratory due to the relatively small and non-representative sample, but they do indicate that more consideration is needed to relate gender of the firm’s owner and the succession planning process. |
Subject(s): | AU-GSB e-Journal
AU-GSB e-Journal -- 2017 |
Keyword(s): | Family firms
Leadership succession Gender Female business owners Thailand |
Resource type: | Journal Article |
Extent: | 9 pages |
Type: | Text |
File type: | application/pdf |
Language: | eng |
Rights: | This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner. |
Rights holder(s): | Assumption University |
URI: | http://repository.au.edu/handle/6623004553/21092 |
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