Succession challenges facing family businesses in Saudi Arabia

Book chapter

Ekanem, I. and Alrossais, L. 2017. Succession challenges facing family businesses in Saudi Arabia. in: Zgheib, P. (ed.) Entrepreneurship and Business Innovation in the Middle East IGI Global. pp. 122-146
Chapter titleSuccession challenges facing family businesses in Saudi Arabia
AuthorsEkanem, I. and Alrossais, L.
Abstract

The aim of this study is to examine how succession planning is carried out in family-owned businesses in Saudi Arabia. The study adopts a qualitative methodology which involves semi-structured, face-to-face interviews. The major findings of the research is that most of the family businesses in Saudi Arabia do not have a proper succession plan due mainly to socio-cultural issues such as mistrust and conflict of interest between the older and the younger members of the family and also subservience of women in the society generally. The implications of the study are discussed including a paradigm shift where women are encouraged and given the opportunity to get involved in the running of their family businesses.

Page range122-146
Book titleEntrepreneurship and Business Innovation in the Middle East
EditorsZgheib, P.
PublisherIGI Global
SeriesAdvances in Business Strategy and Competitive Advantage (ABSCA)
ISBN
Hardcover9781522520665
Publication dates
Print17 Jan 2017
Publication process dates
Deposited30 Jan 2017
Output statusPublished
Publisher's version
Copyright Statement

Copyright © 2017, IGI Global. Copying or distributing in print or electronic forms without written permission of IGI Global is prohibited. Reproduced in the Middlesex University Research Repository with permission of IGI Global.

Digital Object Identifier (DOI)https://doi.org/10.4018/978-1-5225-2066-5.ch007
LanguageEnglish
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