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http://hdl.handle.net/1942/25693Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | JANSSEN, Ellen | - |
| dc.contributor.author | VANDEMAELE, Sigrid | - |
| dc.contributor.author | VOORDECKERS, Wim | - |
| dc.contributor.author | VANCAUTEREN, Mark | - |
| dc.date.accessioned | 2018-03-08T09:00:08Z | - |
| dc.date.available | 2018-03-08T09:00:08Z | - |
| dc.date.issued | 2017 | - |
| dc.identifier.citation | Proceedings of the Research in Entrepreneurship and Small Business conference, RENT XXXI,p. 1-12 | - |
| dc.identifier.issn | 2219-5572 | - |
| dc.identifier.uri | http://hdl.handle.net/1942/25693 | - |
| dc.description.abstract | Drawing upon the (Behavioral) Agency Model, we build a conceptual model that provides detailed theoretical explanations regarding the effect of ownership succession financing on post-succession growth of private family firms. In particular, relationships among the succession financing choice (independent variable), post-succession growth (dependent variable), risk taking (mediating variable), payout (mediating variable) and corporate governance (moderating variable) are proposed. In contrast to management succession, ownership transfers involve the acquisition of a major shareholder stake and, therefore, the financing of this acquisition is a crucial element of ownership succession. We propose that financing choices inherent to intra-family ownership transfers may influence successor’s self-interested behavioral tendencies with respect to risk taking and the extraction of firm resources, which, in turn, may damage firm growth. This study will enhance family business researchers’ insights on successors’ risk attitudes and payout preferences and, ultimately, post-succession development paths of the family firm. | - |
| dc.language.iso | en | - |
| dc.relation.ispartofseries | RENT Conference Papers | - |
| dc.subject.other | succession; ownership; financing; family business; growth | - |
| dc.title | Ownership Succession Financing and Firm Growth: a Multiple Mediator Approach | - |
| dc.type | Proceedings Paper | - |
| local.bibliographicCitation.conferencedate | 16-17/11/2017 | - |
| local.bibliographicCitation.conferencename | Research in Entrepreneurship and Small Business XXXI (RENT XXXII) | - |
| local.bibliographicCitation.conferenceplace | Lund, Sweden | - |
| dc.identifier.epage | 12 | - |
| dc.identifier.spage | 1 | - |
| local.bibliographicCitation.jcat | C1 | - |
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| local.type.refereed | Refereed | - |
| local.type.specified | Proceedings Paper | - |
| local.identifier.vabb | c:vabb:437627 | - |
| local.bibliographicCitation.btitle | Proceedings of the Research in Entrepreneurship and Small Business conference, RENT XXXI | - |
| item.validation | vabb 2019 | - |
| item.contributor | JANSSEN, Ellen | - |
| item.contributor | VANDEMAELE, Sigrid | - |
| item.contributor | VOORDECKERS, Wim | - |
| item.contributor | VANCAUTEREN, Mark | - |
| item.accessRights | Restricted Access | - |
| item.fullcitation | JANSSEN, Ellen; VANDEMAELE, Sigrid; VOORDECKERS, Wim & VANCAUTEREN, Mark (2017) Ownership Succession Financing and Firm Growth: a Multiple Mediator Approach. In: Proceedings of the Research in Entrepreneurship and Small Business conference, RENT XXXI,p. 1-12. | - |
| item.fulltext | With Fulltext | - |
| Appears in Collections: | Research publications | |
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|---|---|---|---|---|
| Janssen et al. (2017) - conference paper RENTXXXI.pdf Restricted Access | Peer-reviewed author version | 678.63 kB | Adobe PDF | View/Open Request a copy |
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