International Relationships in the Family Firm: The Effect on Leadership Succession

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Abstract
This article reports the results of a study designed to expand understanding regarding the effects that the quality of the work relationship between the owner-manager and the successor has on the continuity of leadership in the family firm. Training of the successor and succession planning were used as measures of leadership continuity. A positive, significant association between the reported quality of the intergenerational work relationship and successor training was found. However, no positive, significant association between the quality of the work relationship and formal succession planning was established.