Succession planning in family business

• Main Authors: KHOO, Teng Aun, Chung, Susan, TAN, Kai Guan
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 1993
• Subjects: Accounting; Entrepreneurial and Small Business Operations
• Online Access: https://ink.library.smu.edu.sg/soa_research/312; https://doi.org/10.1080/08276331.1993.10600425
• Institution: Singapore Management University

The issue of succession is one which arouses a host of emotions and has been quoted as a major cause for family business failures. As such, there may be a need for intervention in the form of an impartial third party or some sort of formal planning to regulate the situation. This study is concerned...