Succession and firm growth: results from a non-parametric matching approach
Diwisch, D. S., Voithofer, P., & Weiss, C. R. (2009)
Small Business Economics, 32(1), 45-56
Roughly 4,000 Austrian family firms; matching estimates. Planned succession has no employment growth effect; completed succession has a positive employment growth effect that strengthens over time. (Abstract source: Springer page.)
Sourcedoi:10.1007/s11187-007-9072-z58 citations (OpenAlex)