[KSCI] Korea Science Citation Index Service

http://dx.doi.org/10.21219/jitam.2018.25.3.001

Analysis of Factors that Affect Successor Satisfaction in Family Firms

Cho, Namjae (School of Business, Hanyang University)
Kim, Ji-Hee (Richard J. Wehle School of Business, Canisius College)
Yu, Giseob (School of Business, Hanyang University)

Publication Information

Journal of Information Technology Applications and Management / v.25, no.3, 2018 , pp. 1-15 More about this Journal

Abstract

This study is to find effects between the level of preparation of factors and the satisfaction of successors. Independent variables are the level of preparations of successors and divided by three detailed type, the level of preparation of management ability, the level preparation of positive succession attitude and the level of preparation of ownership succession. A dependent variable is the satisfaction of successors and a moderating variable is the level of communication between successees and successors. This study was undertaken in South Korea among 59 successors in 59 family firms. A total of 53 samples were available to use for the research. The empirical results indicate that the level of preparation of successors, management ability, positive succession attitude and ownership succession, is associated to the satisfactions of successors. Additionally, the moderating variable has not the relationship to the dependent variable as a moderating variable, but the result showed a strong relationship between the level of communication and the satisfaction of successors.

Keywords

Family Business; Family Firm; Succession; Satisfaction of Successor;

Citations & Related Records

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