Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
September 10, 2025Cogent Business & ManagementOpen Access

The mediating role of succession issues in succession planning, family influence and successor attributes on SME performance in emerging economies

View Full Paper
Ask AI
Bookmark
Share

Authors

GKGodfred Etse KlugahVKVida KorangFEFrancis Ransford Essilfie

Discussion

Loading...

Member takes

Overview

Observational analysis highlights how succession issues mediate between family influence and SME performance, suggesting strategies for improvement.

Key Points

  • Succession planning positively influences SME performance, indicating that structured leadership transitions are essential.
  • Family influence is significant for performance but can worsen succession issues if not effectively managed.
  • Successors' socio-demographic characteristics, like education, critically address succession challenges and enhance outcomes.
  • Succession issues mediate the relationship between family influence, successor attributes, and firm performance, emphasizing the need for transparent governance.

Cite This Study

Klugah et al. (2025) studied this question.

synapsesocial.com/papers/68c1d7fe54b1d3bfb60fa6cahttps://doi.org/10.1080/23311975.2025.2551282
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1The Impact of Family-orientation Training Design, Trainer Attributes and Trainee Absorption on Family Business SMEs’ Performance: The Mediating Role of Succession Planning2025
  2. 2Succession Planning Strategies and the Sustenance of SME in Ghana: The Moderating Role of Leadership Styles2024
  3. 3Factors affecting succession planning in family-owned fish trading SMEs in Mwanza City, Tanzania2024
  4. 4Family embeddedness and next generation aspirations to take over the family business: insights from the MENA region2024 · 5 citations
  5. 5Influence of Successors’ Entrepreneurial Competencies on Performance in Family-Owned Small and Medium Enterprises in Arusha City, Tanzania2024