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Empirical analysis to the factors impact on succession process of the family-owned businesses in Bangladesh, moderating role of education

Hossain, Md. Shahadat and Islam, Md. Asadul and Haque, A. K. M. Ahasanul (2022) Empirical analysis to the factors impact on succession process of the family-owned businesses in Bangladesh, moderating role of education. International Journal of Business Innovation and Research, 28 (2). pp. 162-179. ISSN 1751-0252 E-ISSN 1751-0260

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Abstract

The purpose of this study is to examine the impact of the factors such as governance board, gender and business strategies on the succession planning in family-owned businesses (FOBs) in Bangladesh. Moreover, the study also examines the moderating role of education on the relationship between the governance board, gender and business strategies on the succession planning in FOBs in Bangladesh. Data obtained from 287 participants were analysed using PLS-SEM to test the hypotheses. The results show that the governance board has a significant impact on the succession process in FOBs in Bangladesh. However, this study finds no impact of gender and business strategies on the succession process in the family-owned businesses in Bangladesh. Moreover, education plays a moderating role only on the relationship between the governance board and succession process in FOBs. Implications of the findings including research limitations and future directions have been discussed.

Item Type: Article (Journal)
Uncontrolled Keywords: family-owned businesses; FOBs; governance board; gender; education; business strategies; Bangladesh.
Subjects: H Social Sciences > HF Commerce > HF5001 Business. Business Administration
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences > Department of Business Administration
Depositing User: Prof. Dr Ahasanul Haque
Date Deposited: 19 Oct 2022 09:46
Last Modified: 19 Oct 2022 09:46
URI: http://irep.iium.edu.my/id/eprint/100686

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