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Carry the past into the future: the effects of CEO temporal focus on succession planning in family firms

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dc.contributor.authorLu, Feifei
dc.contributor.authorKwan, Ho Kwong
dc.contributor.authorMa, Bin
dc.contributor.funderNational Natural Science Foundation of China
dc.contributor.rorhttps://ror.org/02jjdwm75
dc.date.accessioned2024-07-08T13:14:16Z
dc.date.available2024-07-08T13:14:16Z
dc.date.issued2022-06
dc.description.abstractIn this study,the relationship between CEO temporal focus and family business succession planning is examined and the moderating effects of family interactions and environmental uncertainty are assessed. Based on data from 198 CEOs of family businesses and additional data from 15 semi-structured interviews in China,we find that CEO temporal focus (i.e.,past,present,or future focus) is positively associated with succession planning. In addition,family interactions strengthen the relationship between CEO past focus and succession planning and weaken the relationship between CEO future focus and succession planning. Moreover,in uncertain environments,past-focused CEOs are more likely to plan for succession than present-focused CEOs. The theoretical contributions and practical implications of the study are also discussed. © 2021,The Author(s).
dc.description.fundingtypeNational Natural Science Foundation of China (711702195).
dc.description.keywordEnvironmental uncertainty
dc.description.keywordFamily firm
dc.description.keywordFamily interaction
dc.description.keywordSuccession planning
dc.description.keywordTemporal focus
dc.formatapplication/pdf
dc.identifier.citationLu, F., Kwan, H.K. & Ma, B. Carry the past into the future: the effects of CEO temporal focus on succession planning in family firms. Asia Pac J Manag 39, 763–804 (2022). https://doi.org/10.1007/s10490-020-09748-4
dc.identifier.doihttps://doi.org/10.1007/s10490-020-09748-4
dc.identifier.issn2174561
dc.identifier.officialurlhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85099070701&doi=10.1007%2fs10490-020-09748-4&partnerID=40&md5=25511cabb9546a066b47fa59aca6e604
dc.identifier.urihttps://hdl.handle.net/20.500.14417/3039
dc.issue.number2
dc.journal.titleAsia Pacific Journal of Management
dc.language.isoeng
dc.page.final804
dc.page.initial763
dc.publisherSpringer
dc.relation.departmentHuman Resources & Organisational Behaviour
dc.relation.entityIE University
dc.relation.projectIDNSFC: 711702195
dc.relation.schoolIE Business School
dc.rightsAttribution 4.0 International
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.subject.keywordEnvironmental uncertainty
dc.subject.keywordFamily firm
dc.subject.keywordFamily interaction
dc.subject.keywordSuccession planning
dc.subject.keywordTemporal focus
dc.titleCarry the past into the future: the effects of CEO temporal focus on succession planning in family firms
dc.typeinfo:eu-repo/semantics/article
dc.version.typeinfo:eu-repo/semantics/publishedVersion
dc.volume.number39
dspace.entity.typePublication
person.identifier.scopus-author-id57214395045
person.identifier.scopus-author-id27867787900
person.identifier.scopus-author-id57202021983
relation.isAuthorOfPublication747db385-bfe2-41ae-936c-df545ec08219
relation.isAuthorOfPublication.latestForDiscovery747db385-bfe2-41ae-936c-df545ec08219
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