Identities of the incumbent and the successor in the family business succession: Review and prospects

IntroductionThe cognition and motivation of family business incumbents and the successors will directly influence succession behavior, yet they face identity challenges during succession due to the intersection of family and firm context, and their ability to overcome identity challenges will determ...

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Main Authors: Weining Li, Yunqiao Wang, Liebing Cao
Format: Article
Language:English
Published: Frontiers Media S.A. 2023-03-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2023.1062829/full
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author Weining Li
Yunqiao Wang
Liebing Cao
author_facet Weining Li
Yunqiao Wang
Liebing Cao
author_sort Weining Li
collection DOAJ
description IntroductionThe cognition and motivation of family business incumbents and the successors will directly influence succession behavior, yet they face identity challenges during succession due to the intersection of family and firm context, and their ability to overcome identity challenges will determine the success of the succession. However, as studies on their identity are fragmented and lack systematicity, there is a need to assess the relevant literature.MethodsDrawing from social identity theory (SIT) and role identity theory (RIT), this article adopts a systematic literature review approach to analyze 99 SSCI-indexed articles to explore family business succession from an identity perspective.ResultsThe article finds that the focus on the self-concept of the incumbent and the successor shifts from group identification to role identity perception and multi-roles, and succession behaviors are based on identity perception.DiscussionThis article summarizes a knowledge framework of the antecedents, connotations, and behavioral consequences of identity perception, revealing that family business succession from an identity perspective exhibits psychological and multidisciplinary characteristics, highlighting iterative and mutual features. Based on identity theories and succession research, this article proposes future directions from the research topics, research methods, and theoretical perspectives within the existing knowledge framework, such as cross-cultural and diachronic analysis, as well as from the theoretical perspectives of family, personality development, and pedagogy.
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spelling doaj.art-2a056e69f3a741f186dac235d8cfd09b2023-03-17T05:30:40ZengFrontiers Media S.A.Frontiers in Psychology1664-10782023-03-011410.3389/fpsyg.2023.10628291062829Identities of the incumbent and the successor in the family business succession: Review and prospectsWeining LiYunqiao WangLiebing CaoIntroductionThe cognition and motivation of family business incumbents and the successors will directly influence succession behavior, yet they face identity challenges during succession due to the intersection of family and firm context, and their ability to overcome identity challenges will determine the success of the succession. However, as studies on their identity are fragmented and lack systematicity, there is a need to assess the relevant literature.MethodsDrawing from social identity theory (SIT) and role identity theory (RIT), this article adopts a systematic literature review approach to analyze 99 SSCI-indexed articles to explore family business succession from an identity perspective.ResultsThe article finds that the focus on the self-concept of the incumbent and the successor shifts from group identification to role identity perception and multi-roles, and succession behaviors are based on identity perception.DiscussionThis article summarizes a knowledge framework of the antecedents, connotations, and behavioral consequences of identity perception, revealing that family business succession from an identity perspective exhibits psychological and multidisciplinary characteristics, highlighting iterative and mutual features. Based on identity theories and succession research, this article proposes future directions from the research topics, research methods, and theoretical perspectives within the existing knowledge framework, such as cross-cultural and diachronic analysis, as well as from the theoretical perspectives of family, personality development, and pedagogy.https://www.frontiersin.org/articles/10.3389/fpsyg.2023.1062829/fullfamily business successionincumbentsuccessoridentity perceptionSITRIT
spellingShingle Weining Li
Yunqiao Wang
Liebing Cao
Identities of the incumbent and the successor in the family business succession: Review and prospects
Frontiers in Psychology
family business succession
incumbent
successor
identity perception
SIT
RIT
title Identities of the incumbent and the successor in the family business succession: Review and prospects
title_full Identities of the incumbent and the successor in the family business succession: Review and prospects
title_fullStr Identities of the incumbent and the successor in the family business succession: Review and prospects
title_full_unstemmed Identities of the incumbent and the successor in the family business succession: Review and prospects
title_short Identities of the incumbent and the successor in the family business succession: Review and prospects
title_sort identities of the incumbent and the successor in the family business succession review and prospects
topic family business succession
incumbent
successor
identity perception
SIT
RIT
url https://www.frontiersin.org/articles/10.3389/fpsyg.2023.1062829/full
work_keys_str_mv AT weiningli identitiesoftheincumbentandthesuccessorinthefamilybusinesssuccessionreviewandprospects
AT yunqiaowang identitiesoftheincumbentandthesuccessorinthefamilybusinesssuccessionreviewandprospects
AT liebingcao identitiesoftheincumbentandthesuccessorinthefamilybusinesssuccessionreviewandprospects