Unearthing and Alleviating Emotions in Family Business Successions
| Autor: | Nadine Kammerlander, Alexandra Bertschi-Michel, Vanessa M. Strike |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Economics and Econometrics
Knowledge management Family business Process (engineering) business.industry education 05 social sciences Inductive analysis Ecological succession 650 Management & public relations 0502 economics and business 050211 marketing Sociology Business and International Management business 050203 business & management |
| Zdroj: | Entrepreneurship Theory and Practice. 44:81-108 |
| ISSN: | 1540-6520 1042-2587 |
| Popis: | Using an inductive multi-case analysis, we follow one advisor and five family firm successions over four years to capture emerging emotions during the succession process. We investigate how the advisor’s mediation of these emotions affects individual-level satisfaction with the succession process. Our data reveal an iterative process: the advisor first unearths incumbents’ and successors’ negative emotions to surface emotional tensions before alleviating them. Emotion unearthing and alleviating speed the incumbent’s and successor’s role adjustments and advance succession, especially when the incumbent becomes “stuck” in the process. Our data further suggest that effective emotion mediation and complete role adjustment appear to be important factors fostering individual-level satisfaction with the succession process. |
| Databáze: | OpenAIRE |
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