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


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



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How to Cite

Collins, J. D., Worthington, W. J., & Schoen, J. E. (2016). Family Business CEO Succession: Examining Personal Retirement Expectations. Journal of Small Business Strategy, 26(2), 51-70. Retrieved from




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