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Stages of succession planning and fa...

Musselman, Ryan D.

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Stages of succession planning and factors of transferring management and ownership for the family agribusiness.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Stages of succession planning and factors of transferring management and ownership for the family agribusiness./
Author:	Musselman, Ryan D.
Description:	138 p.
Notes:	Source: Masters Abstracts International, Volume: 55-01.
Contained By:	Masters Abstracts International55-01(E).
Subject:	Agricultural economics. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=1598065
ISBN:	9781339022871

Stages of succession planning and factors of transferring management and ownership for the family agribusiness.
Musselman, Ryan D.

Stages of succession planning and factors of transferring management and ownership for the family agribusiness. - 138 p.

Source: Masters Abstracts International, Volume: 55-01.

Thesis (M.S.)--Purdue University, 2015.

Although many family business owners want to maintain family control of the business for future generations, few businesses survive across generations. Neglecting to plan an entry and exit strategy for family members are just two factors that explains why more businesses don't succeed in transferring the business to the next generation in the family. Ordered Probit models and Probit models were used to discover factors that influence the process of family business transfer of management and ownership. Data came from a survey of 736 businesses in four Midwest states.

ISBN: 9781339022871Subjects--Topical Terms:

3172150
Agricultural economics.

Stages of succession planning and factors of transferring management and ownership for the family agribusiness.
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020 $a 9781339022871
035 $a (MiAaPQ)AAI1598065
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100 1 $a Musselman, Ryan D. $3 3192420
245 1 0 $a Stages of succession planning and factors of transferring management and ownership for the family agribusiness.
300 $a 138 p.
500 $a Source: Masters Abstracts International, Volume: 55-01.
500 $a Adviser: Maria I. Marshall.
502 $a Thesis (M.S.)--Purdue University, 2015.
520 $a Although many family business owners want to maintain family control of the business for future generations, few businesses survive across generations. Neglecting to plan an entry and exit strategy for family members are just two factors that explains why more businesses don't succeed in transferring the business to the next generation in the family. Ordered Probit models and Probit models were used to discover factors that influence the process of family business transfer of management and ownership. Data came from a survey of 736 businesses in four Midwest states.
520 $a Four factors were found to be correlated with the transition of both management and ownership of the family business: (1) identification of a successor, (2) discussions of future goals, (3) knowledge of where to start the transfer process, and (4) perception of being prepared for a transfer. Family businesses that had these four factors were found to be further along in the succession process than businesses that did not have these factors. The presence of conflict and tension were found to hinder businesses from progressing in the transfer process.
590 $a School code: 0183.
650 4 $a Agricultural economics. $3 3172150
650 4 $a Agriculture. $3 518588
650 4 $a Business administration. $3 3168311
690 $a 0503
690 $a 0473
690 $a 0310
710 2 $a Purdue University. $b Agricultural Economics. $3 1020282
773 0 $t Masters Abstracts International $g 55-01(E).
790 $a 0183
791 $a M.S.
792 $a 2015
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=1598065