Succession in Family Businesses: Exploring the Effects of Demographic Factors on Offspring Intentions to Join And Take over the Business

摘要

Succession is vital for the survival of family firms. It is not a static event, or a process that begins once heirs are involved in the business; it is a long-term process initiated early in the heirs' lives. Consequently, it is imperative to under- Stand family members' intention before They join the business, in order to make Better decisions regarding the human Resources most suitable for the firm. Therefore, this research has explores the Intentions of 18-28 year-old university Students to join and take over their par- Ents' firms.