Sokoine University of Agriculture

Succession planning and performance of family-owned small and medium enterprises in Arusha city – Tanzania

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dc.contributor.author Kiwia, R. H.
dc.contributor.author Bengesi, K. M. K.
dc.contributor.author Ndyetabula, D. W.
dc.date.accessioned 2020-05-08T11:21:57Z
dc.date.available 2020-05-08T11:21:57Z
dc.date.issued 2019-11-03
dc.identifier.issn 2043-6238
dc.identifier.uri http://www.suaire.sua.ac.tz/handle/123456789/3023
dc.description.abstract Purpose – The purpose of this paper is to examine succession planning and performance of family-owned small and medium enterprises (SMEs). Design/methodology/approach – The quantitative research approach and a cross-sectional research design were employed. The probability sampling technique was used to draw 219 respondents from the sampling frame. A structured questionnaire was used for data collection. Descriptive statistics and independent samples t-tests were used for data analysis. Findings – It was revealed that most of family-owned SMEs founders in the study area had mechanisms for succession planning for their businesses. Also, there is a difference in business performance when successors are selected and prepared by business founders compared to when they are selected and prepared by other family members. Successors selected and prepared by business founders performed better in business than successors who were selected and prepared by other family members. Research limitations/implications – This study employed a quantitative research paradigm methodology, which limits deep discussion with respondents. Future studies could consider using a qualitative research paradigm methodology. Originality/value – The paper presents succession planning process experience in family-owned SMEs in the study area, specifically the existence of succession planning in family-owned SMEs. It also shows a difference in business performance between the two investigated groups. This paper will benefit business founders, family business successors and researchers. en_US
dc.language.iso en en_US
dc.publisher Emerald Publishing Limited en_US
dc.relation.ispartofseries DOI 10.1108/JFBM-03-2019-0018;
dc.subject Family business en_US
dc.subject succession planning en_US
dc.subject SME performance en_US
dc.title Succession planning and performance of family-owned small and medium enterprises in Arusha city – Tanzania en_US
dc.type Article en_US
dc.url www.emeraldinsight.com/2043-6238.htm en_US


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