Developing Committed Next Generation Members in Family Firms: The Role of Socialization Processes
Document Type
Conference Proceeding
Publication Date
7-2021
Abstract
Although researchers have highlighted the importance of next generation commitment for the continuity of a family firm, we have a limited understanding of what family businesses and business families can do to facilitate this commitment. This paper discusses the role of socialization in this process. Building on previous work on organizational socialization, this project presents a conceptual model of how different aspects of the socialization process (i.e., who delivers the socialization, what is done in the socialization, how socialization is executed, and when socialization occurs) affect the development of affective commitment in next generation members of family firms. Preliminary support for the model presented is provided based on interviews with family and non-family members from 11 family-owned companies. Implications and contributions of the model are discussed.
DOI
https://doi.org/10.5465/AMBPP.2021.15099abstract
Publication Information
Binhote, Juliana; Botero, Isabel C.; Wittmeyer, Carol; and Astrachan, Joseph H. (2021). "Developing Committed Next Generation Members in Family Firms: The Role of Socialization Processes." Academy of Management Proceedings 2021.1.
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Comments
Academy of Management Annual Meeting Proceedings includes abstracts of all papers and symposia presented at the annual conference, plus 6-page abridged versions of the “Best Papers” accepted for inclusion in the program (approximately 10%). Papers published in the Proceedings are abridged because presenting papers at their full length could preclude subsequent journal publication. Please contact the author(s) directly for the full papers.