Successor in family - Article ExampleThis could be answered using an empirical research designed to involve business owner-managers and successors from some Chinese family businesses. These respondents could then be asked to help return usable questionnaires. The perceived success of the succession process is measured by two underlying dimensions:The empirical results will indicate whether the successor-related factors that influence satisfaction with the process are, on the one hand, the willingness of the successor to take over, and the relationship between the owner-manager and successor, on the other hand. The study should also be able to elucidate whether the continued profitability of the business is influenced by the willingness of the successor to take over the business, the preparation level of the successor, and the relationship between the successor and owner-manager. The relationship between the owner-manager and successor is influenced by the extent to which interpersonal relationships in the family can be described as harmonious.
