Family Business CEO Succession: Examining Personal Retirement Expectations

  • Jamie D. Collins Sam Houston State University
  • William J. Worthington Baylor University
  • John E. Schoen Schoen Family Foundation

Abstract

Retirement well-being expectations of incumbent family owned business CEOs is a critical precursor to successful succession events. The significant antecedents to retirement well-being expectation are family relationships, wealth management and transfer, leadership succession and development, and continuity and viability of the firm. Using data from a survey of 256 family firm CEOs we demonstrate those relationships and show a very strong connection between retirement well-being expectation and firm performance. Study results further our premise that antecedents to retirement well-being expectation are indirectly tied to the overall health and performance of the family firm.

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Author Biographies

Jamie D. Collins, Sam Houston State University

Associate Professor

Management & Marketing

William J. Worthington, Baylor University
Director - Family Business Institute
John E. Schoen, Schoen Family Foundation
President

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Published
2016-05-19
How to Cite
COLLINS, Jamie D.; WORTHINGTON, William J.; SCHOEN, John E.. Family Business CEO Succession: Examining Personal Retirement Expectations. Journal of Small Business Strategy, [S.l.], v. 26, n. 2, p. 51-70, may 2016. ISSN 2380-1751. Available at: <https://libjournals.mtsu.edu/index.php/jsbs/article/view/527>. Date accessed: 15 june 2019.
Section
Articles