Gender-related factors in family business succession: a systematic literature review

Review Paper
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Abstract

Succession is one of the most discussed topics in family business research. However, despite the changing professional and family roles of women and the growing number of female CEOs worldwide, published works in the body of literature have relatively little to say on the role of gender in succession. The article reviews the recent development in the literature related to women in intergenerational succession in family businesses with the aim of systematizing gender-related factors affecting intra-family succession, and also proposes directions for future research. Based on a sample of 35 studies published between 2005 and 2017, this paper categorizes the gender-related factors found in the literature into three categories: environment and context, people, and processes. Subsequently, the paper summarizes the current state-of-the-art in light of these three categories. Since the research on the role of gender in succession is fragmented and lacks an overall direction, we present multiple directions for future research. The present review contributes to the body of literature on the development of family business by comprehensively systematizing existing gender-related factors affecting succession.

Keywords

Family business Succession Gender Incumbent Successor 

JEL Classification

L26 M21 M12 J16 

Notes

Acknowledgements

We appreciate the funding support received from the Czech Science Foundation for this project entitled “Privately-held Firms with Multiple Owners: The Role of Family and Responsible Ownership” (Registration No.: GA17-10948S). We would also like to thank the anonymous reviewers for their inspiring comments that allowed us to improve the quality of the paper.

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© Springer-Verlag GmbH Germany, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Department of Strategy, Faculty of Business AdministrationUniversity of Economics, PraguePrague 3Czech Republic

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