Please use this identifier to cite or link to this item: http://hdl.handle.net/11328/3287
Title: Paternalism in family firms’ successor selection
Authors: Jayantilal, Shital
Jorge, Sílvia Ferreira
Bañegil Palacios, Tomás M
Keywords: Emotions
Conflict
Emotional Value
Family Business
Succession
Paternalistic Leadership Style
Governance
Game Theory
Issue Date: 2020
Publisher: Allied Business Academies
Citation: Jayantilal, S., Jorge, S. F., & Palacios, T. B. (2020). Paternalism in family firms’ successor Selection. Academy of Strategic Management Journal, 19(4). Disponível no Repositório UPT, http://hdl.handle.net/11328/3287
Abstract: The objective of this paper is to provide insight on the impact that emotional factors have on successor selection in family firms highlighting the role played by the founder’s paternalistic leadership style on family firm successor selection. In order to do so, we model games for different paternalistic leadership styles of the founder towards successor selection and then analytically compare the results. Our paper contributes to the analysis of the impact of the type of paternalistic leadership type has, including the role emotional factors play on the challenging moment of family firm succession. The Nash equilibrium results show that the founder’s paternalistic leadership style plays a key role to ensure firm continuity as well as secure that the founder’s preferred successor is indeed appointed successor. Additionally, our findings emphasize that the emotional factors are crucial in determining the successor outcome.
URI: http://hdl.handle.net/11328/3287
ISSN: 1939-6104
Appears in Collections:REMIT – Artigos em Revistas Internacionais / Papers in International Journals

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