Becoming the Boss: Discretion and Postsuccession Success in Family Firms

Family firms can enjoy substantial longevity. Ironically, however, they are often imperiled by the very process that is essential to this longevity. Using the concept of managerial discretion as a starting point, we use a human agency lens to introduce the construct of successor discretion as a fact...

Full description

Saved in:
Bibliographic Details
Published in:Entrepreneurship theory and practice 2009-11, Vol.33 (6), p.1201-1218
Main Authors: Mitchell, J. Robert, Hart, Timothy A., Valcea, Sorin, Townsend, David M.
Format: Article
Language:English
Subjects:
Agency
Analysis
Entrepreneurship
Evaluation
Family corporations
Family firms
Family owned businesses
Family-owned business enterprises
Human agency
Management
Management attitudes
Managers
Organizational change
Organizational structure
Studies
Succession
Succession planning
Succession planning (Business)
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
cited_by cdi_FETCH-LOGICAL-c614t-cb1044e0d056496337302e77368989392eb70def22fcd542a23953db05fae8033
cites cdi_FETCH-LOGICAL-c614t-cb1044e0d056496337302e77368989392eb70def22fcd542a23953db05fae8033
container_end_page 1218
container_issue 6
container_start_page 1201
container_title Entrepreneurship theory and practice
container_volume 33
creator Mitchell, J. Robert
Hart, Timothy A.
Valcea, Sorin
Townsend, David M.
description Family firms can enjoy substantial longevity. Ironically, however, they are often imperiled by the very process that is essential to this longevity. Using the concept of managerial discretion as a starting point, we use a human agency lens to introduce the construct of successor discretion as a factor that affects the family business succession process. While important in general, successor discretion is positioned as a particularly relevant factor for productively managing organizational renewal in family businesses. This study represents a foundation for future empirical research investigating the role of agency in entrepreneurial action in the family business context, which consequently can contribute to the larger research literature on succession and change.
doi_str_mv 10.1111/j.1540-6520.2009.00341.x
format article
fullrecord <record><control><sourceid>gale_proqu</sourceid><recordid>TN_cdi_proquest_miscellaneous_1011850537</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><galeid>A214204629</galeid><sage_id>10.1111_j.1540-6520.2009.00341.x</sage_id><sourcerecordid>A214204629</sourcerecordid><originalsourceid>FETCH-LOGICAL-c614t-cb1044e0d056496337302e77368989392eb70def22fcd542a23953db05fae8033</originalsourceid><addsrcrecordid>eNqNUU1v1DAQjRBIlKX_IeLEgYSxHeeDW1vYFqkUpC7q0fI6k9RL4rSeRNr-exxSFah66Pjg0fi98Zt5URQzSFmIj7uUyQySXHJIOUCVAoiMpfsX0cHDw8uQQ8YTLsvidfSGaAdzSHYQnR2jGXrr2ni8xvh4IPoUf7ZkPI52cLF2dfxjoJEmY5BoLl0uaWxdvNa97e7itfU9vY1eNbojPLy_V9HP9ZfNyVly_v3068nReWJylo2J2QYlGUINMs-qXIhCAMeiEHlZlZWoOG4LqLHhvDG1zLjmopKi3oJsNJYgxCp6v_S98cPthDSqPsjFrtMOh4kUA8ZKCTI0XkXvHkF3w-RdUKc4EyUvuYAAShZQqztU1jXD6LVp0aHX3eCwsaF8xFnGIct5FfDpE_hwauyteZLw4R_CdiLr5k06su31SK2eiP6Hlwvc-GCGx0bdeNtrfxcmU7PjaqdmY9VsrJodV38cV_tAlQuVdIt_Z30G734FlkbcP_yn_S-VF6KQ6uriVMmLb5vqasNULn4DlTe6og</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>213828230</pqid></control><display><type>article</type><title>Becoming the Boss: Discretion and Postsuccession Success in Family Firms</title><source>International Bibliography of the Social Sciences (IBSS)</source><source>Business Source Ultimate【Trial: -2024/12/31】【Remote access available】</source><source>Sage Journals Online</source><creator>Mitchell, J. Robert ; Hart, Timothy A. ; Valcea, Sorin ; Townsend, David M.</creator><creatorcontrib>Mitchell, J. Robert ; Hart, Timothy A. ; Valcea, Sorin ; Townsend, David M.</creatorcontrib><description>Family firms can enjoy substantial longevity. Ironically, however, they are often imperiled by the very process that is essential to this longevity. Using the concept of managerial discretion as a starting point, we use a human agency lens to introduce the construct of successor discretion as a factor that affects the family business succession process. While important in general, successor discretion is positioned as a particularly relevant factor for productively managing organizational renewal in family businesses. This study represents a foundation for future empirical research investigating the role of agency in entrepreneurial action in the family business context, which consequently can contribute to the larger research literature on succession and change.</description><identifier>ISSN: 1042-2587</identifier><identifier>EISSN: 1540-6520</identifier><identifier>DOI: 10.1111/j.1540-6520.2009.00341.x</identifier><language>eng</language><publisher>Malden, USA: Blackwell Publishing Inc</publisher><subject>Agency ; Analysis ; Entrepreneurship ; Evaluation ; Family corporations ; Family firms ; Family owned businesses ; Family-owned business enterprises ; Human agency ; Management ; Management attitudes ; Managers ; Organizational change ; Organizational structure ; Studies ; Succession ; Succession planning ; Succession planning (Business)</subject><ispartof>Entrepreneurship theory and practice, 2009-11, Vol.33 (6), p.1201-1218</ispartof><rights>2009 SAGE Publications</rights><rights>COPYRIGHT 2009 Sage Publications, Inc.</rights><rights>2009 Baylor University</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c614t-cb1044e0d056496337302e77368989392eb70def22fcd542a23953db05fae8033</citedby><cites>FETCH-LOGICAL-c614t-cb1044e0d056496337302e77368989392eb70def22fcd542a23953db05fae8033</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,780,784,27924,27925,33223,33224,79364</link.rule.ids></links><search><creatorcontrib>Mitchell, J. Robert</creatorcontrib><creatorcontrib>Hart, Timothy A.</creatorcontrib><creatorcontrib>Valcea, Sorin</creatorcontrib><creatorcontrib>Townsend, David M.</creatorcontrib><title>Becoming the Boss: Discretion and Postsuccession Success in Family Firms</title><title>Entrepreneurship theory and practice</title><description>Family firms can enjoy substantial longevity. Ironically, however, they are often imperiled by the very process that is essential to this longevity. Using the concept of managerial discretion as a starting point, we use a human agency lens to introduce the construct of successor discretion as a factor that affects the family business succession process. While important in general, successor discretion is positioned as a particularly relevant factor for productively managing organizational renewal in family businesses. This study represents a foundation for future empirical research investigating the role of agency in entrepreneurial action in the family business context, which consequently can contribute to the larger research literature on succession and change.</description><subject>Agency</subject><subject>Analysis</subject><subject>Entrepreneurship</subject><subject>Evaluation</subject><subject>Family corporations</subject><subject>Family firms</subject><subject>Family owned businesses</subject><subject>Family-owned business enterprises</subject><subject>Human agency</subject><subject>Management</subject><subject>Management attitudes</subject><subject>Managers</subject><subject>Organizational change</subject><subject>Organizational structure</subject><subject>Studies</subject><subject>Succession</subject><subject>Succession planning</subject><subject>Succession planning (Business)</subject><issn>1042-2587</issn><issn>1540-6520</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2009</creationdate><recordtype>article</recordtype><sourceid>8BJ</sourceid><recordid>eNqNUU1v1DAQjRBIlKX_IeLEgYSxHeeDW1vYFqkUpC7q0fI6k9RL4rSeRNr-exxSFah66Pjg0fi98Zt5URQzSFmIj7uUyQySXHJIOUCVAoiMpfsX0cHDw8uQQ8YTLsvidfSGaAdzSHYQnR2jGXrr2ni8xvh4IPoUf7ZkPI52cLF2dfxjoJEmY5BoLl0uaWxdvNa97e7itfU9vY1eNbojPLy_V9HP9ZfNyVly_v3068nReWJylo2J2QYlGUINMs-qXIhCAMeiEHlZlZWoOG4LqLHhvDG1zLjmopKi3oJsNJYgxCp6v_S98cPthDSqPsjFrtMOh4kUA8ZKCTI0XkXvHkF3w-RdUKc4EyUvuYAAShZQqztU1jXD6LVp0aHX3eCwsaF8xFnGIct5FfDpE_hwauyteZLw4R_CdiLr5k06su31SK2eiP6Hlwvc-GCGx0bdeNtrfxcmU7PjaqdmY9VsrJodV38cV_tAlQuVdIt_Z30G734FlkbcP_yn_S-VF6KQ6uriVMmLb5vqasNULn4DlTe6og</recordid><startdate>20091101</startdate><enddate>20091101</enddate><creator>Mitchell, J. Robert</creator><creator>Hart, Timothy A.</creator><creator>Valcea, Sorin</creator><creator>Townsend, David M.</creator><general>Blackwell Publishing Inc</general><general>SAGE Publications</general><general>Sage Publications, Inc</general><general>SAGE PUBLICATIONS, INC</general><scope>BSCLL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>N95</scope><scope>XI7</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>20091101</creationdate><title>Becoming the Boss: Discretion and Postsuccession Success in Family Firms</title><author>Mitchell, J. Robert ; Hart, Timothy A. ; Valcea, Sorin ; Townsend, David M.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c614t-cb1044e0d056496337302e77368989392eb70def22fcd542a23953db05fae8033</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2009</creationdate><topic>Agency</topic><topic>Analysis</topic><topic>Entrepreneurship</topic><topic>Evaluation</topic><topic>Family corporations</topic><topic>Family firms</topic><topic>Family owned businesses</topic><topic>Family-owned business enterprises</topic><topic>Human agency</topic><topic>Management</topic><topic>Management attitudes</topic><topic>Managers</topic><topic>Organizational change</topic><topic>Organizational structure</topic><topic>Studies</topic><topic>Succession</topic><topic>Succession planning</topic><topic>Succession planning (Business)</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Mitchell, J. Robert</creatorcontrib><creatorcontrib>Hart, Timothy A.</creatorcontrib><creatorcontrib>Valcea, Sorin</creatorcontrib><creatorcontrib>Townsend, David M.</creatorcontrib><collection>Istex</collection><collection>CrossRef</collection><collection>Gale_Business Insights: Global</collection><collection>Business Insights: Essentials</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Entrepreneurship theory and practice</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Mitchell, J. Robert</au><au>Hart, Timothy A.</au><au>Valcea, Sorin</au><au>Townsend, David M.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Becoming the Boss: Discretion and Postsuccession Success in Family Firms</atitle><jtitle>Entrepreneurship theory and practice</jtitle><date>2009-11-01</date><risdate>2009</risdate><volume>33</volume><issue>6</issue><spage>1201</spage><epage>1218</epage><pages>1201-1218</pages><issn>1042-2587</issn><eissn>1540-6520</eissn><abstract>Family firms can enjoy substantial longevity. Ironically, however, they are often imperiled by the very process that is essential to this longevity. Using the concept of managerial discretion as a starting point, we use a human agency lens to introduce the construct of successor discretion as a factor that affects the family business succession process. While important in general, successor discretion is positioned as a particularly relevant factor for productively managing organizational renewal in family businesses. This study represents a foundation for future empirical research investigating the role of agency in entrepreneurial action in the family business context, which consequently can contribute to the larger research literature on succession and change.</abstract><cop>Malden, USA</cop><pub>Blackwell Publishing Inc</pub><doi>10.1111/j.1540-6520.2009.00341.x</doi><tpages>18</tpages></addata></record>
fulltext fulltext
identifier ISSN: 1042-2587
ispartof Entrepreneurship theory and practice, 2009-11, Vol.33 (6), p.1201-1218
issn 1042-2587
1540-6520
language eng
recordid cdi_proquest_miscellaneous_1011850537
source International Bibliography of the Social Sciences (IBSS); Business Source Ultimate【Trial: -2024/12/31】【Remote access available】; Sage Journals Online
subjects Agency
Analysis
Entrepreneurship
Evaluation
Family corporations
Family firms
Family owned businesses
Family-owned business enterprises
Human agency
Management
Management attitudes
Managers
Organizational change
Organizational structure
Studies
Succession
Succession planning
Succession planning (Business)
title Becoming the Boss: Discretion and Postsuccession Success in Family Firms
url http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-28T10%3A31%3A14IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-gale_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Becoming%20the%20Boss:%20Discretion%20and%20Postsuccession%20Success%20in%20Family%20Firms&rft.jtitle=Entrepreneurship%20theory%20and%20practice&rft.au=Mitchell,%20J.%20Robert&rft.date=2009-11-01&rft.volume=33&rft.issue=6&rft.spage=1201&rft.epage=1218&rft.pages=1201-1218&rft.issn=1042-2587&rft.eissn=1540-6520&rft_id=info:doi/10.1111/j.1540-6520.2009.00341.x&rft_dat=%3Cgale_proqu%3EA214204629%3C/gale_proqu%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-c614t-cb1044e0d056496337302e77368989392eb70def22fcd542a23953db05fae8033%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_pqid=213828230&rft_id=info:pmid/&rft_galeid=A214204629&rft_sage_id=10.1111_j.1540-6520.2009.00341.x&rfr_iscdi=true