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Family Business Review
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The Development of Successors From Followers to Leaders in Small Family Firms

An Exploratory Study

John James Cater, III

Nicholls State University, Jim.Cater{at}nicholls.edu

Robert T. Justis

Louisiana State University

The purpose of this exploratory study was to better understand the development of successors in the small family business, including their approach to the leadership of the firm. It examined variables (and their relationships) that help to explain family business successor leadership. A case study approach was followed, using grounded theory analysis of qualitative interviews of the top managers of six family businesses. It provided six propositions for future research—namely, concerning positive parent—child relationships, acquiring knowledge, long-term orientation, cooperation, successor roles, and risk orientation.

Key Words: family business • succession • successors • leadership • development

This version was published on June 1, 2009

Family Business Review, Vol. 22, No. 2, 109-124 (2009)
DOI: 10.1177/0894486508327822


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