The world economy depends heavily on the continuity and success of the family
business. It is unfortunate, even alarming, that such a vital force has such a poor
survival rate. Less than one third of family businesses survive the succession from
first to second generation ownership. Of those that do, about half do not survive
the succession from second to third generation ownership. There are four basic
reasons why family firms fail to transfer the business from generation to
generation successfully: 1-lack of viability of the business; 2-lack of planning, 3-
little desire on the owner's part to transfer the firm; 4-reluctance of offspring to
join the firm. These factors, alone or in combination, make transferring a family
business difficult, if not impossible. The primary cause for failure, however, is the
lack of planning. With the right plans in place, the business, in most cases, will
remain healthy. (Bowman, 2010:3).
Diğer ID | JA27FF92AN |
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Bölüm | Makaleler |
Yazarlar | |
Yayımlanma Tarihi | 1 Haziran 2011 |
Yayımlandığı Sayı | Yıl 2011 Cilt: 3 Sayı: 1 |