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Library/Succession, ownership transfer and family business

B26FT50

Family control and family firm valuation by family CEOs: The importance of intentions for transgenerational control

Zellweger, T. M., Kellermanns, F. W., Chrisman, J. J., & Chua, J. H. (2012)

Organization Science, 23(3), 851-868

Prospect theory account of the price at which family owners would sell to non-family buyers; data from two countries. Intention for transgenerational control consistently raises the acceptable selling price; current control does not.

Sourcedoi:10.1287/orsc.1110.0665832 citations (OpenAlex)

Full citation

Zellweger, T. M., Kellermanns, F. W., Chrisman, J. J., & Chua, J. H. (2012). Family control and family firm valuation by family CEOs: The importance of intentions for transgenerational control. Organization Science, 23(3), 851-868.

https://doi.org/10.1287/orsc.1110.0665

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