Carry the past into the future: the effects of CEO temporal focus on succession planning in family firms

Lu, F; Kwan, HK; Ma, B

Carry the past into the future: the effects of CEO temporal focus on succession planning in family firms

Lu, F Kwan, HK Ma, B

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Publisher:: Springer
Publication Type:: Journal Article
Citation:: Asia Pacific Journal of Management, 2022, 39, (2), pp. 673-804
Issue Date:: 2022-01-06

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Field	Value	Language
dc.contributor.author	Lu, F
dc.contributor.author	Kwan, HK
dc.contributor.author	Ma, B
dc.date.accessioned	2022-11-15T04:51:29Z
dc.date.available	2022-11-15T04:51:29Z
dc.date.issued	2022-01-06
dc.identifier.citation	Asia Pacific Journal of Management, 2022, 39, (2), pp. 673-804
dc.identifier.issn	0217-4561
dc.identifier.issn	1572-9958
dc.identifier.uri	http://hdl.handle.net/10453/163478
dc.description.abstract	In this study, the relationship between CEO temporal focus and family business succession planning is examined and the moderating effects of family interactions and environmental uncertainty are assessed. Based on data from 198 CEOs of family businesses and additional data from 15 semi-structured interviews in China, we find that CEO temporal focus (i.e., past, present, or future focus) is positively associated with succession planning. In addition, family interactions strengthen the relationship between CEO past focus and succession planning and weaken the relationship between CEO future focus and succession planning. Moreover, in uncertain environments, past-focused CEOs are more likely to plan for succession than present-focused CEOs. The theoretical contributions and practical implications of the study are also discussed
dc.language	English
dc.publisher	Springer
dc.relation.ispartof	Asia Pacific Journal of Management
dc.relation.isbasedon	10.1007/s10490-020-09748-4
dc.rights	info:eu-repo/semantics/openAccess
dc.subject	1503 Business and Management, 1505 Marketing
dc.subject.classification	Business & Management
dc.title	Carry the past into the future: the effects of CEO temporal focus on succession planning in family firms
dc.type	Journal Article
utslib.citation.volume	39
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	open_access	*
pubs.consider-herdc	false
dc.date.updated	2022-11-15T04:51:28Z
pubs.issue	2
pubs.publication-status	Accepted
pubs.volume	39
utslib.citation.issue	2

Abstract:

In this study, the relationship between CEO temporal focus and family business succession planning is examined and the moderating effects of family interactions and environmental uncertainty are assessed. Based on data from 198 CEOs of family businesses and additional data from 15 semi-structured interviews in China, we find that CEO temporal focus (i.e., past, present, or future focus) is positively associated with succession planning. In addition, family interactions strengthen the relationship between CEO past focus and succession planning and weaken the relationship between CEO future focus and succession planning. Moreover, in uncertain environments, past-focused CEOs are more likely to plan for succession than present-focused CEOs. The theoretical contributions and practical implications of the study are also discussed

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

http://hdl.handle.net/10453/163478