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- Publisher
- Emerald Publishing
- Copyright
- Copyright © Emerald Group Publishing Limited
- ISSN
- 0275-6668
- DOI
- 10.1108/JBS-09-2018-0167
- Publisher site
- See Article on Publisher Site
Abstract
PurposeThis study aims to understand the role that family protocol can have in the succession planning process of family businesses.Design/methodology/approachFor this purpose, the authors decided on a qualitative approach and performed an exploratory case study in Portugal: one firm with a family protocol. As data collection techniques, interviewing, direct observation and documentary analysis were used.FindingsBased on the empirical evidence, it is concluded that a family protocol can help succession planning and favour the continuity and survival of the family business.Practical implicationsThis study shows the relevance of a family protocol for the succession process that seems to be at the basis of family firms’ continuity, survival and minimising their failure.Originality/valueAlthough family firms are many in number and central in the dynamics of the world economy, the family protocol has not been approached as a determinant of a successful succession process. This holds particularly for the realm of family firms.
Journal
Journal of Business Strategy – Emerald Publishing
Published: Dec 20, 2018