The Effect of Successor Readiness on Family Business Sustainability

Authors

  • Silvia Fajari Rasyieda Universitas Pendidikan Indonesia
  • Seni Pitriani Universitas Pendidikan Indonesia
  • Mira Nurfitriya Universitas Pendidikan Indonesia
  • Azizah Fauziyah Universitas Pendidikan Indonesia

DOI:

https://doi.org/10.30595/pssh.v15i.940

Keywords:

Sustainability, Family Business, Successor

Abstract

Leadership succession in a family business is the process of transferring leadership from predecessor to business successor, this process involves preparing a successor who will take over leadership and be responsible for the family business. Ineffective succession planning will not be able to make a successor in accordance with company goals that will cause the company to fall. This study aims to determine the effect of successor readiness on the sustainability  of family business. With the object of research of students of the Indonesian University of Education, Tasikmalaya Campus. This study used quantitative methods, with a descriptive approach and journal analysis related to sustainability factors  in family businesses. Based on the results of the study, there are allegations that successor readiness has a positive effect on the sustainability of family  businesses and provides useful insights on how families can improve  family business sustainability through successor readiness.

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Published

2024-01-18

How to Cite

Rasyieda, S. F., Pitriani, S., Nurfitriya, M., & Fauziyah, A. (2024). The Effect of Successor Readiness on Family Business Sustainability. Proceedings Series on Social Sciences & Humanities, 15, 122–126. https://doi.org/10.30595/pssh.v15i.940

Issue

Vol. 15 (2024): Proceedings of International Conference on Management, Accounting, Economics, and Business (ICONOMICS 2023)

Section

Articles

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Copyright (c) 2024 Proceedings Series on Social Sciences & Humanities

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