The Parting Patriarch of a Family Firm

Jeffrey Alan Sonnenfeld · Padraic L. Spence

116 citations0/0 files storedFamily Business Review

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Family Business Performance and Succession Corporate Finance and Governance Human Resource and Talent Management

Abstract

Chief executive succession presents special challenges for family businesses. This article proposes a typology of retirement styles and recommends strategies for planning and managing the succession process.

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References

2026Childhood and Society 1965Childhood and Society 1949The Hero with a Thousand Faces 2011Keeping the Family Business Healthy 1988The Succession Conspiracy 1986THE PROCESS OF RETIREMENT: A REVIEW AND RECOMMENDATIONS FOR FUTURE INVESTIGATION

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2014The study of organizational behaviour in family business 2001Family Business Succession in Portugal: An Examination of Case Studies in the Furniture Industry 2004The relationship between succession issues and business performance 2019Unearthing and Alleviating Emotions in Family Business Successions 2020Innovation in the post-succession phase of family firms: Family CEO successors and leadership constellations as resources 2013Function, governance, and trust in successor leadership groups in family firms 2019Family Firm Behavior From a Psychological Perspective 1999Conflict Management Strategies Used in Successful Family Businesses

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