The mediating effect of family business self-efficacy on parental support and succession intention relationship
Journal of Family Business Management
ISSN: 2043-6238
Article publication date: 5 September 2022
Issue publication date: 14 November 2023
Abstract
Purpose
Drawing on the social cognitive theory, this research examines the relationship of perceived parental support factors and the next-generation succession intention in the family business regarding the mediating effect of family business self-efficacy factors.
Design/methodology/approach
This study uses the structural equation modelling method to analyse 16,521 cases from the global university entrepreneurial students' spirit survey (GUESSS) 2018 project.
Findings
This study provides evidence that parental support can influence the family business self-efficacy of the next-generation members, leading to succession intention of the family business. However, having high self-efficacy towards non-family members does not necessarily increase next-generation members' intention to engage in family business succession.
Research limitations/implications
This research lacks information about the next-generation's perception of parental psychological control, which is needed to examine the model of next-generation engagement more comprehensively in the family business.
Originality/value
Attempting to complement the family business literature, this study provides evidence about the determinants of next-generation members' succession intention and extends prior discussions on family business self-efficacy.
Keywords
Acknowledgements
This paper is based on data from 2018 project of Global University Entrepreneurial Spirit Students' Survey - GUESSS 2018. This work was supported by Universitas Prasetiya Mulya and Perkumpulan Pendidik Kewirausahaan (PERWIRA) Indonesia.
Citation
Suhartanto, E. (2023), "The mediating effect of family business self-efficacy on parental support and succession intention relationship", Journal of Family Business Management, Vol. 13 No. 4, pp. 905-922. https://doi.org/10.1108/JFBM-03-2022-0035
Publisher
:Emerald Publishing Limited
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