Open research questions in Family Business Performance and Succession
53 unresolved questions extracted from the limitations and future-work sections of 1,715 Family Business Performance and Succession papers in our library. Each links back to the study that raised it.
What the literature leaves open
However, the issues of the development of successive behavior and the involvement of young people in family business (FB) remain largely understudied in Russia.
Correlation Between Family Relationships and Entrepreneurial Intentions of Youth in Family Business Context · 2026 · DOIThis meta‐analytic review aims to clarify the mixed results by establishing the degree to which CSR influences family firm performance and to test the moderating effects of contextual and methodological factors.
The conceptual model of this study can serve as a foundation for systematizing vari- ous outcomes related to entrepreneurship, with a range of theoretical, analytical, and empirical consequences. To stop the erosion of economic and social value, all components of the entre- preneurial ecosystem should strive to enhance social, economic, regulatory, techno- logical, and environmental settings while being more conscious of the dysfunctional consequences that these actions can have. Future studies are advised to take a systemic approach since this seems to be the most efficient way to look at and analyze the various entrepreneurial contexts and will enable a precise definition of entrepreneurial iatrogenesis and all its facets. It would also be interesting to investigate how the dimensions of the entrepreneurial side might coincide or interact with the dimensions of the contextual side and perhaps lead to iatrogenesis. Furthermore, the context dimension requires further investigation regarding its dysfunction implications. Family Business IatrogenesisCooperativismo & Desarrolloe-ISSN 2382-4220 / Vol. 32, no. 129 / mayo-agosto 2024 / Bogotá D.C., ColombiaUniversidad Cooperativa de Colombia It is suggested that this idea be investigated in FB as well as in other fields, including business formation, invention, and creativity.
Family business research has not fully investigated how the EO–financial performance relationship depends on configurations of internal and external factors which establish strategic fit.
Previous research has only mentioned that women from family firms often served as members of the Boards of Directors of joint‐stock companies in the last third of the nineteenth century, but it has not explored the extent to which they were actually involved in managerial activities or in day‐to‐day operations.
Female Entrepreneurs as Board Directors of the Largest Russian Joint‐Stock Companies, 1870–1900 · 2022 · DOI, assumed the presidency of General Motors, the corporation was little known beyond Wall Street, which recognized GM simply as the holding company that controlled several nearly autonomous automakers and their subsidiaries.
The Corporation Nobody Knew: Bruce Barton, Alfred Sloan, and the Founding of the General Motors “Family” · 1991 · DOIFrom what is known of the entrepreneur, and of women, issues which need to be investigated are derived: Will retirement be difficult? Non-existent? Will the characteristics needed for successful business management be directed to successful retirement planning? Patterns of planning, or lack of it, need to be identifies and community supports developed in order to avert problems.
However, in Futamata the Ie descent relationships are already unidentifiable and the function of the Kabu is limited to the sphere of ancestral worship as a Kabu-Ko (a formal Kabu organization for ancestral worshipping services) and in the sphere of routine mutual aids the Kabu strongly tends to function as a simple neighbourhood.
Based on the limitations mentioned before, we are planning to expand our sample to include diverse sectors, and international family-businesses. Also, we will extend our methodology to other qualitative and quantitative approaches, other than the interview or the snowball techniques.
The Challenges of Generational Changes and Their Awareness in the Life of Family Businesses · 2026 · DOIWe argue that this inconclusiveness reflects insufficient attention to the normative contexts that shape how non‐family managers interpret differential treatment.
Bifurcation Bias in Executive Compensation and Family Firm Performance: The Role of Normative Context · 2026 · DOIAbstract Bifurcation bias, the preferential treatment in favour of family managers over non‐family managers, is prevalent in family firms, yet research on its performance implications remains inconclusive.
Bifurcation Bias in Executive Compensation and Family Firm Performance: The Role of Normative Context · 2026 · DOIFurthermore, it establishes a foundation for future explorations, urging further investigation into crisis adaptation strategies tailored to the cultural contexts in which family businesses are situated.
Background and objective: In this paper, we explore first-generation leadership succession in family businesses which, despite extensive literature on the subject, remains insufficiently understood.
The conducted analysis has shown that family businesses in Poland make little use of professional management methods and tools and are rather limited to the intuitive use of the simplest methods, which they often cannot even professionally name.
Management methods and tools in family businesses: Impact on the effectiveness of achieving goals · 2022 · DOIHong Kong society has put family-friendly workplace policies under serious discussion, but the investigation of the views of employers remains insufficient.
Business Structures, Stereotypes and Knowledge of Discrimination: Understanding Employers’ Support to Paid Family Leave in Hong Kong · 2022 · DOIOriginality/value Little is known about individual career management of family members in a family business context, as research on careers in family firms has so far focused mainly on transgenerational succession.
Torn between individual aspirations and the family legacy – individual career development in family firms · 2021 · DOIWe show important gaps in the research on family business succession, and point at culture embeddedness of the businesses, and the large promising area of intercultural comparative studies for our understanding of succession.
Cultural Embeddedness of Family Business Succession. The Perspective of Next Generation · 2020 · DOIAlthough employer branding is a useful and hot topic nowadays in some regions of the world, it is yet greatly underresearched empirically for some kinds of associations.
This article addresses this gap in understanding by exploring how the daughter successor engages in identity work with the father incumbent during the process of succession and the role of father–daughter gendered relations in shaping her successor identity.
The study contributes insights to the understudied subject of the special development patterns of Chinese family businesses from the angles of business principles, socio-cultural contexts, and the environment.
Chinese culture and banyan-tree style family businesses: The enterprising family of Lo Ying-shek in Hong Kong · 2020 · DOIFarmers in the global North may be well placed to benefit from partnerships with financial investors, although little is known about the way that such partnerships are formed.
Capitalising the farm family entrepreneur: negotiating private equity partnerships in Australia · 2019 · DOICompared to the positive impact, however, little is known about how inheritance generates disputes, tensions or dissatisfaction among family members, and how law, policy and practice play a role in this process.
Inheritance and family conflicts: exploring asset transfers shaping intergenerational relations · 2017 · DOIThe empirical research on corporate managers has rarely focused on the situation in Latin America, and it has rarely addressed managers’ intimate lives.
The good night kiss: fatherhood among corporate managers and the reconfiguration of hegemonic masculinity in Chile · 2017 · DOIExport and internationalisation activities have become a prevalent, worldwide phenomenon, however, the influences of entrepreneurship on these activities have rarely been explored.
The impacts of entrepreneurship on export orientation and internationalisation: the moderating effects of family ownership and involvement · 2015 · DOIAbstract Does the family involvement affect exports in the family firm? The literature seems to support this view even if the direction and magnitude of this impact remains controversial.
Family Involvement in the Firm and Exports in the Family SME: Is the Manager’s International Orientation Influential? · 2015 · DOI
Most-cited papers in Family Business Performance and Succession
- Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 · The Journal of Finance · 2003 · 3,971 citations
- Family and Lone Founder Ownership and Strategic Behaviour: Social Context, Identity, and Institutional Logics · Journal of Management Studies · 2009 · 537 citations
- Whose Story is it Anyway? · International Small Business Journal Researching Entrepreneurship · 2006 · 199 citations
- Harvesting Family Firms' Organizational Social Capital: A Relational Perspective · Journal of Management Studies · 2010 · 183 citations
- Clustered institutional investors, shared ESG preferences and low-carbon innovation in family firm · Technological Forecasting and Social Change · 2023 · 170 citations
- Covid‐19 and the Future of Family Business Research · Journal of Management Studies · 2020 · 168 citations
- Human resource management – a survey of practices within family and non‐family firms · Journal of European Industrial Training · 2001 · 162 citations
- ‘What's so special about family business?’ An exploratory study of UK and Irish consumer experiences of family businesses · International Journal of Consumer Studies · 2008 · 161 citations
- The Influence of the Family on Vocational Development · Journal of Marriage and the Family · 1984 · 143 citations
- Impact of informal institutions on the prevalence, strategy, and performance of family firms: A meta-analysis · Journal of International Business Studies · 2020 · 119 citations
Most recent work
- The cost of resilience: Tokenism, ambiguous loss, and the working-family self-divergence in Taiwan's maritime industry · Women s Studies International Forum · 2026
- Building resilience in family firms: state capital integration and slack accumulation · Management Decision · 2026
- Addressing succession crisis through Employee ownership to promote sustainable development · International Review of Applied Economics · 2026
- Accounting Challenges in Family-Owned Businesses · International Journal of Science Architecture Technology and Environment · 2026
- Students Intention and Motivation to Join Family Business as a Career Choice After Mba · INTERNATIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT · 2026
- Addressing Financial Abuse in Australian Small Businesses: The Role of Industry Stakeholders · Businesses · 2026
- The role of board quality and women on boards in family-controlled firms’ leverage strategies · International Journal of Productivity and Performance Management · 2026
- Counting Women, Keeping Men in Power? Willingness–Ability–Authority in Family Firms · Gender Work and Organization · 2026
- Gender diversity, governance configurations, and financial performance in family firms: evidence from European emerging markets · Journal of Family Business Management · 2026
- Le processus de succession dans les entreprises familiales au Togo : Le rôle du genre et de la hiérarchie familiale. · Zenodo (CERN European Organization for Nuclear Research) · 2026
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