Family Business Succession through the Eye of the Upper Echelon Theory: A Phenomenological Approach

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through the Eye of the Upper Echelon Theory: A Phenomenological Approach</title> <meta name="description" content="Family Business Succession through the Eye of the Upper Echelon Theory: A Phenomenological Approach"> <meta name="keywords" content="family business, succession, nepotism, family studies"> <meta name="viewport" content="width=device-width, initial-scale=1, minimum-scale=1, maximum-scale=1, user-scalable=no"> <meta charset="utf-8"> <link href="https://cdn.waset.org/favicon.ico" type="image/x-icon" rel="shortcut icon"> <link href="https://cdn.waset.org/static/plugins/bootstrap-4.2.1/css/bootstrap.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/plugins/fontawesome/css/all.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/css/site.css?v=150220211555" rel="stylesheet"> </head> <body> <header> <div class="container"> <nav class="navbar navbar-expand-lg navbar-light"> <a class="navbar-brand" href="https://waset.org"> <img 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publication-listing mt-3 mb-3"> <h5 class="card-header" style="font-size:.9rem">Family Business Succession through the Eye of the Upper Echelon Theory: A Phenomenological Approach</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ruswiati%20Suryasaputra">Ruswiati Suryasaputra</a>, <a href="https://publications.waset.org/abstracts/search?q=Linda%20Salim"> Linda Salim</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This concept paper, initially a proposal for the completion of the degree of Doctor of Philosophy, is seeking to gain more understanding of family business succession in order to extend the average lifespan of family business that has shrunken significantly for the past 20 years. While multitude studies have been done in family business succession, the average lifespan of a family business continues to decline sharply over the past two decades to only 24 years, or 1.5 generations, in 2010, from 50-60 years, equivalent to 3 generations, as recently as 1990. While the qualitative approach of this study will not churn a theoretical framework unique to the family business field, it will bring to the surface important issues during a family business succession process that have been hidden behind the mostly profit-making issues that have been the main highlight of the family business field. <iframe src="https://publications.waset.org/abstracts/23791.pdf" style="width:100%; height:400px;" frameborder="0"></iframe> <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=family%20business" title="family business">family business</a>, <a href="https://publications.waset.org/abstracts/search?q=succession" title=" succession"> succession</a>, <a href="https://publications.waset.org/abstracts/search?q=nepotism" title=" nepotism"> nepotism</a>, <a href="https://publications.waset.org/abstracts/search?q=family%20studies" title=" family studies"> family studies</a> </p> <a href="https://publications.waset.org/abstracts/23791/family-business-succession-through-the-eye-of-the-upper-echelon-theory-a-phenomenological-approach" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/23791.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">541</span> </span> </div> </div> </div> </main> <footer> <div id="infolinks" class="pt-3 pb-2"> <div class="container"> <div style="background-color:#f5f5f5;" class="p-3"> <div class="row"> <div class="col-md-2"> <ul class="list-unstyled"> About <li><a href="https://waset.org/page/support">About Us</a></li> <li><a href="https://waset.org/page/support#legal-information">Legal</a></li> <li><a target="_blank" rel="nofollow" href="https://publications.waset.org/static/files/WASET-16th-foundational-anniversary.pdf">WASET celebrates its 16th foundational anniversary</a></li> </ul> 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Family Business Succession through the Eye of the Upper Echelon Theory: A Phenomenological Approach