{"title":"Parental Support and Family Firm Succession Intention: The Mediation Effect of Next-Generation Members’ Commitment to the Family Firm","authors":"Eko Suhartanto","doi":"10.1007/s10834-023-09945-5","DOIUrl":null,"url":null,"abstract":"<p>Based on data from the Global University Entrepreneurial Students’ Spirit Survey (GUESS) 2018 project, this study examined the relationship between parental support factors and next-generation members’ succession intention and investigated the mediating effect of next-generation members’ commitment to the family firm. The results of the structural equation modeling analysis showed a mediating effect of next-generation members’ commitment to the family firm on the relationship between parental support and next-generation members’ succession intention. Specifically, normative commitment negatively mediated the relationship of succession intentions with parental career-related modeling and verbal encouragement. We employed social exchange theory to examine why these relationships occur. The findings of this study extend our knowledge of the parental support factors that potentially increase next-generation members’ commitment and succession intention.</p>","PeriodicalId":39675,"journal":{"name":"Journal of Family and Economic Issues","volume":"252 1","pages":""},"PeriodicalIF":2.3000,"publicationDate":"2024-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Family and Economic Issues","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1007/s10834-023-09945-5","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Based on data from the Global University Entrepreneurial Students’ Spirit Survey (GUESS) 2018 project, this study examined the relationship between parental support factors and next-generation members’ succession intention and investigated the mediating effect of next-generation members’ commitment to the family firm. The results of the structural equation modeling analysis showed a mediating effect of next-generation members’ commitment to the family firm on the relationship between parental support and next-generation members’ succession intention. Specifically, normative commitment negatively mediated the relationship of succession intentions with parental career-related modeling and verbal encouragement. We employed social exchange theory to examine why these relationships occur. The findings of this study extend our knowledge of the parental support factors that potentially increase next-generation members’ commitment and succession intention.
期刊介绍：
Journal of Family and Economic Issues is an interdisciplinary publication that explores the intricate relationship between the family and its economic environment. Peer-reviewed contributions address important issues in family management, household labor and productivity, relationships between economic and non-economic issues including health and healthcare, as well as interrelations between external settings and family life, including family policy, work, and community. The journal features the following types of submissions: original research, critical reviews, brief communications, invited letters to the editor, and reviews of significant books on the field.
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