Impact of business transfer on economic performance: The case of Italian family farms

The impact of business transfer on family business performance is explored in the literature but is neglected for agriculture although family are key players in the economy. We investigate whether the succession the economic performance of family firms for Italian family farms the period 2008–2014. Our results show that succession on these family has a negative effect on their economic performance related to , due to an increase in capital after succession. One policy implication is support for investment by new farmers should be improved.