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The Analysis of Barriers in Succession Processes of Family Business with the Use of Grey Incidence Analysis (Polish Perspective)

Ewa Więcek-Janka, Rafał Mierzwiak, Joanna Kijewska

Abstract


The article presents results of research on the identification and evaluation
of barriers faced by successors in family businesses during the first process of
succession. The analysis of empirical material used grey systems theory, which
was considered as an equivalent for the analysis of small samples and qualitative
research. While conducting the literature review and empirical study, the authors
concentrated on (a) the identification of barriers in the development of family
firms and (b) eliciting the perspective of the new generation of owners in family
firms entering the succession process through an empirical analysis of the
assessed level of risk in relationships with family and business.


Keywords


Family business, grey incidence analysis, grey system theory

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