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Parental influence on next-generation family members in South African Black-owned family businesses
Journal of Family Business Management Pub Date : 2023-09-28 , DOI: 10.1108/jfbm-06-2023-0076
Lwando Ntari , Ayanda Pamella Deliwe

Purpose

There are many factors that contribute to a person's career choice. The decision of whether or not to join the family business is certainly most influenced by parents. The aim of this research is to determine how much of an impact parents have on their next-generation family members' (NGFMs) decision to join the family business.

Design/methodology/approach

Following a positivistic paradigm, a cross-sectional design was followed using a quantitative, self-administered questionnaire through a judgemental sampling technique. A structured questionnaire was distributed to South African respondents who have parents who own a family business. The data were analysed using Statistica.

Findings

The results indicate that parental style, culture, self-efficacy and parental identification were found to influence the NGFMs' intention to join the family business significantly. Their decisions can be influenced by several factors, and parents can better manage these aspects by being aware of these influencing factors.

Practical implications

Given the imminent ageing of a large cohort of senior leaders, this research adds to the body of knowledge by highlighting the necessity for committed, willing and ready next-generation family members (NGFMs) to ensure efficient succession in family businesses. Therefore, effective management is required for succession-planning, particularly from the perspective of the successor.

Originality/value

This study, therefore, responds to calls for more in-depth quantitative studies on family businesses in general and on Black-owned family businesses in South Africa in particular. This study will evaluate the significance of parent influence on NGFMs to join Black family-owned businesses in South Africa. This research will assist family business owners and their families in understanding their children's intentions, designing and evolving an appropriate system to instill necessary traits, skills and attitudes in the children, preparing them for upcoming challenges, adding new perspectives to the family business and ensuring its profitability and long-term growth.



中文翻译:

南非黑人家族企业中父母对下一代家庭成员的影响

目的

影响一个人职业选择的因素有很多。是否加入家族企业的决定当然最受父母的影响。本研究的目的是确定父母对其下一代家庭成员 (NGFM) 加入家族企业的决定有多大影响。

设计/方法论/途径

遵循实证主义范式,通过判断性抽样技术使用定量、自我管理的问卷进行横断面设计。我们向父母拥有家族企业的南非受访者分发了一份结构化调查问卷。使用 Statistica 分析数据。

发现

结果表明,父母风格、文化、自我效能和父母认同显着影响NGFM加入家族企业的意愿。他们的决定可能会受到多种因素的影响,父母可以通过了解这些影响因素来更好地管理这些方面。

实际影响

鉴于一大批高级领导人即将老龄化,这项研究通过强调忠诚、愿意和准备好的下一代家族成员 (NGFM) 的必要性来丰富知识体系,以确保家族企业的有效继承。因此,继任计划需要有效的管理,特别是从继任者的角度来看。

原创性/价值

因此,这项研究响应了对家族企业,特别是南非黑人拥有的家族企业进行更深入的定量研究的呼吁。本研究将评估父母对 NGFM 加入南非黑人家族企业的影响的重要性。这项研究将帮助家族企业主及其家人了解孩子的意图,设计和发展适当的系统,向孩子灌输必要的特质、技能和态度,为他们应对即将到来的挑战做好准备,为家族企业增添新的视角,并确保其可持续发展。盈利能力和长期增长。

更新日期:2023-09-27
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