Publication Type
Journal Article
Version
acceptedVersion
Publication Date
1-2008
Abstract
This study examined the human and social capital factors associated with higher post-succession firm performance in family enterprises in Singapore. We also investigated the moderating influence of the board of directors in terms of its service role as stewards of the enterprise. We found that a successor's industry experience and diversity of network ties were positively associated with firm performance and boards that focused their role as advisors to the successor enhanced post-succession firm performance.
Keywords
Singapore, Human capital, Performance evaluation, Family owned businesses, Boards of directors, Succession planning
Discipline
Asian Studies | Entrepreneurial and Small Business Operations | Human Resources Management | Strategic Management Policy
Research Areas
Strategy and Organisation
Publication
Multinational Business Review
Volume
16
Issue
2
First Page
65
Last Page
89
ISSN
1525-383X
Identifier
10.1108/1525383X200800008
Publisher
Emerald
Citation
LEE, Soo-Hoon; PHAN, Phillip H.; and YOSHIKAWA, Toru.
The role of the board and its interaction with the successor's human capital in the Asian family enterprise. (2008). Multinational Business Review. 16, (2), 65-89.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/2910
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1108/1525383X200800008
Included in
Asian Studies Commons, Entrepreneurial and Small Business Operations Commons, Human Resources Management Commons, Strategic Management Policy Commons