Titelaufnahme

Titel
The impact of firm performance on the business transfer mode / Rosemarie Kay, André Pahnke and Susanne Schlepphorst ; Herausgeber Institut für Mittelstandsforschung Bonn
VerfasserKay, Rosemarie ; Pahnke, André ; Schlepphorst, Susanne
KörperschaftInstitut für Mittelstandsforschung Bonn
ErschienenBonn : Institut für Mittelstandsforschung, Juli 2018
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (8 Seiten)
SerieWorking paper ; 18,04
URNurn:nbn:de:hbz:5:2-162069 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
The impact of firm performance on the business transfer mode [0.41 mb]
Links
Nachweis
Verfügbarkeit In meiner Bibliothek
Zusammenfassung

This paper analyzes the impact of family firms' past and future economic viability on the incumbents' decision on the business transfer mode. Using the German IAB Establishment Panel and estimating logistic regression models we show that 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, ambiguity about the future performance overrides the original intention and induces the incumbents to sell the business.