TY - JOUR
T1 - The impact of parental emotional support on the succession intentions of next-generation family business members
AU - Lyons, Roisin
AU - Ahmed, Farhad Uddin
AU - Clinton, Eric
AU - O’Gorman, Colm
AU - Gillanders, Robert
N1 - Publisher Copyright:
© 2023 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2024
Y1 - 2024
N2 - Drawing on social cognitive theory, this study investigates the influence of family business owners as parents on the succession intentions of their children. Measures of parental emotional support, entrepreneurial self-efficacy, and affective commitment are applied to predict succession intentions. We test our research model on an international sample of 21,525 sons and daughters of family business owners. The results suggest that parental emotional support positively influences succession intentions and is mediated by two cognitive factors: entrepreneurial self-efficacy and affective commitment to the family business. The results also suggest interaction effects of gender and birth order on succession intentions. This study offers important theoretical and practical insights into the aspirations of next-generation members of family businesses.
AB - Drawing on social cognitive theory, this study investigates the influence of family business owners as parents on the succession intentions of their children. Measures of parental emotional support, entrepreneurial self-efficacy, and affective commitment are applied to predict succession intentions. We test our research model on an international sample of 21,525 sons and daughters of family business owners. The results suggest that parental emotional support positively influences succession intentions and is mediated by two cognitive factors: entrepreneurial self-efficacy and affective commitment to the family business. The results also suggest interaction effects of gender and birth order on succession intentions. This study offers important theoretical and practical insights into the aspirations of next-generation members of family businesses.
KW - affective commitment
KW - entrepreneurial self-efficacy
KW - family business
KW - gender
KW - next-generation
KW - Succession intentions
UR - http://www.scopus.com/inward/record.url?scp=85164707352&partnerID=8YFLogxK
U2 - 10.1080/08985626.2023.2233460
DO - 10.1080/08985626.2023.2233460
M3 - Article
AN - SCOPUS:85164707352
SN - 0898-5626
VL - 36
SP - 516
EP - 534
JO - Entrepreneurship and Regional Development
JF - Entrepreneurship and Regional Development
IS - 3-4
ER -