Proceedings Series on Social Sciences & Humanities
Vol. 15 (2024): Proceedings of International Conference on Management, Accounting, Economics, and Bu

The Effect of Successor Readiness on Family Business Sustainability

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



Article Info

Publish Date
18 Jan 2024

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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Journal Info

Abbrev

pssh

Publisher

Subject

Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

Description

The Proceedings Series on Social Sciences & Humanities aims to publish proceedings from conferences on the scope: 1. Business, Management & Accounting 2. Social Sciences ...