Kay, Rosemarie; Pahnke, André; Schlepphorst, Susanne - 2018
This paper analyzes the impact of family firms' past and future economic viability on the incumbents' decision on the … decision on the business transfer mode rather depends on the expected future performance than on the past one. Moreover, family … businesses that are exclusively managed by their owners are more likely to be planning an intra-family succession. However …