ABSTRACT

This research offers empirical insights on family business succession, a complex and challenging issue seen from cognition, structure, culture, and resource aspects, and identifies patterns related to the succession process structure. An overarching model to evaluate resources such as social capital and successor behavior, sustainability, and development of the cross-cultural family business alliance was developed and used as a reference that influences the succession process’s pattern and length. Insights into the succession process contribute to a layered understanding of the cross-cultural family alliances’ patterns and business behavior. The connected patterns explain the role of predecessors and successors changing over time during the transition process. The succession process is a formal structured process for defining the business framework, and these practices comprehend various outcomes relevant to the stages of generational ownership and the dynamics of family relationships. In conclusion, this research proposes an agenda for advancing research on cross-cultural family business alliance.