• Corpus ID: 56425655

Intergenerational Survival of Family Businesses: Factors Affecting the Succession Success of Family Owned Businesses in Malawi

  title={Intergenerational Survival of Family Businesses: Factors Affecting the Succession Success of Family Owned Businesses in Malawi},
  author={Stan Kaunda and A Nkhoma},
  journal={European Journal of Business and Management},
Family owned businesses make an important contribution to the social and economic development of communities and countries. The proportion of Malawians in formal employment is very small thus compelling a large portion of Malawians to set-up family businesses. The study aimed to investigate and analyse the factors that contribute to the low survival and success rate of Malawian family owned businesses after the exit of the businesses’ founder. The study used a case study format by studying… 

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