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All Journal Proceedings Series on Social Sciences & Humanities
Silvia Fajari Rasyieda
Universitas Pendidikan Indonesia
Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

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The Effect of Successor Readiness on Family Business Sustainability Silvia Fajari Rasyieda; Seni Pitriani; Mira Nurfitriya; Azizah Fauziyah
Proceedings Series on Social Sciences & Humanities Vol. 15 (2024): Proceedings of International Conference on Management, Accounting, Economics, and Bu
Publisher : UM Purwokerto Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30595/pssh.v15i.940

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.
Co-Authors Azizah Fauziyah Nurfitriya, Mira Seni Pitriani