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By Daniel Scheffold

Master's Thesis from the 12 months 2013 within the topic company economics - company administration, company Governance, grade: 1,3, collage of technologies Stuttgart (Fakultät für Wirtschaft), direction: normal administration/ overseas enterprise administration, language: English, summary: goal: wisdom of the standards that impression luck within the succession of family members companies is proscribed. regardless of fresh reports, concept can't clarify why in simple terms 10 % of all kin companies make it to the 3rd iteration. the purpose of this dissertation is to spot serious good fortune elements for succession in relations businesses.

Methodology: A qualitative multiple-case learn layout with third-generation kinfolk companies, from Germany and one from the united kingdom was once hired. A cross-case research was once performed to spot severe luck elements after which complemented via a single-case analysis.

Findings: 9 of the 10 validated hypotheses have been proven. those have been successor improvement, professionalization, wisdom move, capital constitution, company governance, kinfolk concord, stepping apart, succession making plans and long term orientation. The speculation approximately dividend coverage used to be now not proven. No major variations have been stumbled on to be in line with nationwide influence.

Practical Implications: From the implications, a brand new version for relatives enterprise succession is constructed which ends up in 4 top perform thoughts. those are the implementation of shared management, linking possession to administration; ascertain conversation within the kin to create kin concord and using open air consultants.

Limitations: a result of case research layout, this examine doesn't supply statistical generalizable findings.

Originality/ worth: This research raises the information approximately severe luck components of succession in relatives companies. using circumstances from nations and 3 diversified industries raises the importance. The newly built version for family members enterprise succession proposes a brand new view at the succession method that are meant to be established via destiny studies.

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