Unexpected Successor in Family Firms: Opportunity or Trap for Women?
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...
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| Veröffentlicht in: | Journal of family and economic issues 2023-06, Vol.44 (2), p.313-324 |
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| container_title | Journal of family and economic issues |
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| creator | Meroño-Cerdán, Angel L. |
| description | 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. |
| doi_str_mv | 10.1007/s10834-022-09826-3 |
| format | Article |
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| issn | 1058-0476 1573-3475 |
| language | eng |
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| source | SpringerLink Journals; Sociological Abstracts |
| subjects | Access Candidates Companies Family Family owned businesses Females Gender Males Organizational effectiveness Original Paper Personality and Social Psychology Social Policy Social Sciences Sociology Succession Succession planning Women |
| title | Unexpected Successor in Family Firms: Opportunity or Trap for Women? |
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