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What is Successor Planning

Global Applications of Multigenerational Management and Leadership in the Transcultural Era
It is defined as the transfer of management rights to new generations in addition to the ownership of the family business.
Published in Chapter:
The Effects of Family Communication Patterns on Family Satisfaction in Family Business
Mehmet Akif Çini (Selcuk University, Turkey)
DOI: 10.4018/978-1-5225-9906-7.ch007
Abstract
The main goal of the study is to investigate the effects family communication patterns (the orientation of communication and conformity) of family member employees that work in family businesses have on family satisfaction. The population of the study was determined as the employees of 260 family businesses with head offices in the Konya province of Turkey, which operate for at least 25 years, and which have annual returns of over 5,000,000 Turkish Liras (TL). The data were analyzed with structural equation model (SEM) by using AMOS 24. The research results show there is a relationship between family communication patterns (communication and conformity orientation) and family satisfaction.
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