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Unexpected Successor in Family Firms

Opportunity or Trap for Women

Bibliographic Data

ID21636036
AuthorsAngel L Meroño-Cerdán (0000-0002-6270-2409, Universidad de Murcia, corresponding author)
Year2023
Volume44
Issue2
Pages313-324
Publication date2023-06-01
Open AccessYes
TypeARTICLE
VenueJournal of Family and Economic Issues (JOURNAL)
Journal identifiersISSN: 1058-0476 • E-ISSN: 1573-3475
PublisherSpringer Science and Business Media LLC (PUBLISHER)
DOI10.1007/s10834-022-09826-3
OpenAlexW4220652707
LanguageEN
Citations received6
References cited60

Female managers are more common in family firms largely due to women’s incorporation into management positions via succession. Nonetheless, extrinsic and intrinsic factors constrain to some extent the access and the outcomes of female managers as potential successors. This study aims to uncover the particular conditions under which women frequently have access to CEO positions in family firms. Using a database of 177 SME Spanish family firms and using cluster analysis based on TwoStep technique, women are found to be unexpected successors to a greater extent than male successors. Oftentimes, they are chosen as a last resort to cope with poor business performance and low family orientation. More than an opportunity, this unplanned access becomes a trap since it fails to comply with all the requirements of successful transmissions

Business · Demographic economics · Economics · Family business · Industrial organization · Successor cardinal · Corporate Finance and Governance · Engineering · Entrepreneurship Studies and Influences · Family Business Performance and Succession · Marketing

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Citations per year2
Citation span2023 - 2026 (4)
Highly citedNo

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