Tracking family businesses and their owners over time: Panel attrition, manager departure and business demise

Mary Winter, Sharon M. Danes, Sun Kang Koh, Kelly Fredericks, Jennifer J. Paul

Research output: Contribution to journalArticlepeer-review

76 Scopus citations

Abstract

Analyses of business owners from whom data were gathered in 1997 and 2000 are used to predict two family business phenomena: the continued involvement by the owner-manager in the business and the continuation of the business. The most important factor in continuity is the respondent's assessment of the business as a success; successful businesses continue or are sold or gifted when the owner-manager leaves the business. Ceasing to be involved in a business should not be viewed as a business or a managerial failure. Some changes may be failures, but others should be viewed as ordinary business or family developments.

Original languageEnglish (US)
Pages (from-to)535-559
Number of pages25
JournalJournal of Business Venturing
Volume19
Issue number4
DOIs
StatePublished - Jul 2004

Keywords

  • Business demise
  • Business owners
  • Family businesses
  • Manager departure
  • Panel attrition

Fingerprint Dive into the research topics of 'Tracking family businesses and their owners over time: Panel attrition, manager departure and business demise'. Together they form a unique fingerprint.

Cite this