The Effect of Value Congruence Between Founder and Successor on Successor's Willingness: The Mediating Role of the Founder-Successor Relationship

Lee, JSK; Zhao, G; Lu, F

The Effect of Value Congruence Between Founder and Successor on Successor's Willingness: The Mediating Role of the Founder-Successor Relationship

Lee, JSK Zhao, G Lu, F

Permalink

Publisher:: SAGE PUBLICATIONS INC
Publication Type:: Journal Article
Citation:: FAMILY BUSINESS REVIEW, 2019, 32, (3), pp. 259-276
Issue Date:: 2019-09-01

Closed Access

	Filename	Description	Size
	0894486519840248.pdf	Published version	477.78 kB	Adobe PDF	View/Open

Copyright Clearance Process

Recently Added
In Progress
Closed Access

This item is closed access and not available.

Full metadata record

Field	Value	Language
dc.contributor.author	Lee, JSK
dc.contributor.author	Zhao, G
dc.contributor.author	Lu, F
dc.date.accessioned	2022-09-11T09:51:47Z
dc.date.available	2022-09-11T09:51:47Z
dc.date.issued	2019-09-01
dc.identifier.citation	FAMILY BUSINESS REVIEW, 2019, 32, (3), pp. 259-276
dc.identifier.issn	0894-4865
dc.identifier.issn	1741-6248
dc.identifier.uri	http://hdl.handle.net/10453/161659
dc.description.abstract	<jats:p> Drawing from social exchange theory, this article explores the founder–successor relationship quality as a mediated pathway in examining the effects of founder–successor value congruence on successor’s willingness to take over the business. Based on survey data from 102 founder–successor dyads, polynomial regression analysis shows that when both a founder and a successor have high value congruence in family prosperity, the relationship quality will be enhanced, which leads to higher successor’s willingness. When there is value incongruence between a founder and a successor, the successor’s family prosperity value has a more important impact on the founder–successor relationship and successor’s willingness. </jats:p>
dc.language	English
dc.publisher	SAGE PUBLICATIONS INC
dc.relation.ispartof	FAMILY BUSINESS REVIEW
dc.relation.isbasedon	10.1177/0894486519840248
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject	1503 Business and Management, 1505 Marketing
dc.subject.classification	Business & Management
dc.title	The Effect of Value Congruence Between Founder and Successor on Successor's Willingness: The Mediating Role of the Founder-Successor Relationship
dc.type	Journal Article
utslib.citation.volume	32
utslib.for	1503 Business and Management
utslib.for	1505 Marketing
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
utslib.copyright.status	closed_access	*
dc.date.updated	2022-09-11T09:51:44Z
pubs.issue	3
pubs.publication-status	Published
pubs.volume	32
utslib.citation.issue	3

Abstract:

Drawing from social exchange theory, this article explores the founder–successor relationship quality as a mediated pathway in examining the effects of founder–successor value congruence on successor’s willingness to take over the business. Based on survey data from 102 founder–successor dyads, polynomial regression analysis shows that when both a founder and a successor have high value congruence in family prosperity, the relationship quality will be enhanced, which leads to higher successor’s willingness. When there is value incongruence between a founder and a successor, the successor’s family prosperity value has a more important impact on the founder–successor relationship and successor’s willingness.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/161659