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dc.contributor.advisorJones, Christine
dc.contributor.advisorPoultney, Val
dc.contributor.authorJones, Richard
dc.date.accessioned2019-11-05T13:57:08Z
dc.date.available2019-11-05T13:57:08Z
dc.date.issued2019-10-02
dc.identifier.citationJones, R. (2019). 'Determining the factors which positively affect the intra-family chief executive officer succession of UK small and medium sized companies.' Unpublished EdD thesis. University of Derby.en_US
dc.identifier.urihttp://hdl.handle.net/10545/624291
dc.description.abstractA change in Chief Executive Officer (CEO) is a critical event in the life of any business. For family businesses the stakes can be higher, as failure may lead to the dual issues of business collapse and significant family harm. Intra-family business CEO succession is the transfer of leadership to a different member of the family and is a strategic direction family businesses take, even if sacrificing performance across generations to secure long-term control benefits. The research aims to determine the factors which positively affect the intra-family CEO succession of UK Small and Medium companies as gaps were identified in the research of businesses that had been through a succession across a range of areas. This research uses a deductive research design to test the existing theory and combines theoretical conceptualisations developed within the literature review with the aim of providing new theory and insight into the issues. Quantitative data was collected from primary and secondary sources from 230 UK Small and Medium Enterprises (SMEs) which identified as family businesses and had been through a succession. The questionnaires were completed by company directors and the questions consisted of measures relating to the succession event, processes and outcomes. The data collected was tested empirically using process tracing and regression analysis. Findings show that disagreements relating to the initial planning made an intra-family CEO more likely as did a discussion of passing control to a professional manager. It was found that a family business with higher proportions of senior management, higher levels of generational involvement and higher levels of experience led to an increasingly likely succession to an intra-family CEO. This finding took an additional step in the understanding of elements of the Family Influence on Power, Experience and Culture model. The thesis also found, empirically, that satisfaction with the succession process increased with the presence of advisors and that there was a positive relationship between director stability and profit and a negative relationship with management stability and profit. The findings indicated that a degree of externality in the succession contributes to a positive intra-family CEO succession outcome.en_US
dc.description.sponsorshipN/Aen_US
dc.language.isoenen_US
dc.publisherUniversity of Derbyen_US
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internationalen_US
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subjectAdvisorsen_US
dc.subjectAgencyen_US
dc.subjectCEOen_US
dc.subjectChief Executive Officeren_US
dc.subjectExperienceen_US
dc.subjectExternalityen_US
dc.subjectFamily businessen_US
dc.subjectFamily dynamicsen_US
dc.subjectFamily firmen_US
dc.subjectFirm outcomesen_US
dc.subjectF-PECen_US
dc.subjectImplications for practiceen_US
dc.subjectIntra-familyen_US
dc.subjectIntra-family dynamicsen_US
dc.subjectLogistic regressionen_US
dc.subjectMultinomial regressionen_US
dc.subjectPositive Factorsen_US
dc.subjectPositive outcomesen_US
dc.subjectPositively affectsen_US
dc.subjectPoweren_US
dc.subjectPractitioner impacten_US
dc.subjectProcess Tracingen_US
dc.subjectRBVen_US
dc.subjectResource Based Viewen_US
dc.subjectSmall and Medium Enterpriseen_US
dc.subjectSMEen_US
dc.subjectSuccessionen_US
dc.subjectSuccession planningen_US
dc.subjectSuccession Positive Factorsen_US
dc.subjectSuccessor preparationen_US
dc.subjectUKen_US
dc.subjectUnited Kingdomen_US
dc.titleDetermining the factors which positively affect the intra-family chief executive officer succession of UK small and medium-sized companiesen_US
dc.typeThesis or dissertationen_US
dc.rights.embargodate2021-10-01
dc.type.qualificationnameEdDen_US
dc.rights.embargoreasonCommercial and publication.en_US
dc.type.qualificationlevelDoctoralen_US


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Attribution-NonCommercial-NoDerivatives 4.0 International
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 International