Determinants of longevity and success in Lebanese family businesses

This article explores the characteristics of Lebanese family businesses using a sample of 114 firms and tests various propositions regarding the relationships between correlates of effective succession planning and longevity. Successful family businesses in Lebanon exhibit a variety of responses to...

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Main Author: Fahed-Sreih, Josiane (author)
Other Authors: Djoundourian, Salpie (author)
Format: article
Published: 2006
Online Access:http://hdl.handle.net/10725/3742
http://dx.doi.org/10.1111/j.1741-6248.2006.00071.x
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
http://onlinelibrary.wiley.com/doi/10.1111/j.1741-6248.2006.00071.x/abstract?systemMessage=Wiley+Online+Library+will+be+unavailable+on+Saturday+14th+May+11%3A00-14%3A00+BST+%2F+06%3A00-09%3A00+EDT+%2F+18%3A00-21%3A00+SGT+for+essential+maintenance.Apologies+for+the+inconvenience.&userIsAuthenticated=false&deniedAccessCustomisedMessage=
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author Fahed-Sreih, Josiane
author2 Djoundourian, Salpie
author2_role author
author_facet Fahed-Sreih, Josiane
Djoundourian, Salpie
author_role author
dc.creator.none.fl_str_mv Fahed-Sreih, Josiane
Djoundourian, Salpie
dc.date.none.fl_str_mv 2006
2016-05-10T08:21:49Z
2016-05-10T08:21:49Z
2016-05-10
dc.identifier.none.fl_str_mv 0894-4865
http://hdl.handle.net/10725/3742
http://dx.doi.org/10.1111/j.1741-6248.2006.00071.x
Fahed‐Sreih, J., & Djoundourian, S. (2006). Determinants of longevity and success in Lebanese family businesses: An exploratory study. Family Business Review, 19(3), 225-234.
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
http://onlinelibrary.wiley.com/doi/10.1111/j.1741-6248.2006.00071.x/abstract?systemMessage=Wiley+Online+Library+will+be+unavailable+on+Saturday+14th+May+11%3A00-14%3A00+BST+%2F+06%3A00-09%3A00+EDT+%2F+18%3A00-21%3A00+SGT+for+essential+maintenance.Apologies+for+the+inconvenience.&userIsAuthenticated=false&deniedAccessCustomisedMessage=
dc.language.none.fl_str_mv en
dc.relation.none.fl_str_mv Family Business Review
dc.rights.*.fl_str_mv info:eu-repo/semantics/openAccess
dc.title.none.fl_str_mv Determinants of longevity and success in Lebanese family businesses
an exploratory study
dc.type.none.fl_str_mv Article
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
description This article explores the characteristics of Lebanese family businesses using a sample of 114 firms and tests various propositions regarding the relationships between correlates of effective succession planning and longevity. Successful family businesses in Lebanon exhibit a variety of responses to the variables that are conducive to success. The findings indicate that older firms are more inclined to use a participatory decision-making process, as evidenced by more reliance on advisory boards. A significantly larger proportion of older firms relative to younger ones holds family meetings and has formal redemption and liquidity plans. Firms in our sample are characterized by liberal attitudes: more than 75% consider female ownership acceptable and more than two-thirds of the firms respond positively to potential female CEOs.
eu_rights_str_mv openAccess
format article
id LAURepo_7a498dfa970b476be1086d4a5aee9017
identifier_str_mv 0894-4865
Fahed‐Sreih, J., & Djoundourian, S. (2006). Determinants of longevity and success in Lebanese family businesses: An exploratory study. Family Business Review, 19(3), 225-234.
language_invalid_str_mv en
network_acronym_str LAURepo
network_name_str Lebanese American University repository
oai_identifier_str oai:laur.lau.edu.lb:10725/3742
publishDate 2006
repository.mail.fl_str_mv
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spelling Determinants of longevity and success in Lebanese family businessesan exploratory studyFahed-Sreih, JosianeDjoundourian, SalpieThis article explores the characteristics of Lebanese family businesses using a sample of 114 firms and tests various propositions regarding the relationships between correlates of effective succession planning and longevity. Successful family businesses in Lebanon exhibit a variety of responses to the variables that are conducive to success. The findings indicate that older firms are more inclined to use a participatory decision-making process, as evidenced by more reliance on advisory boards. A significantly larger proportion of older firms relative to younger ones holds family meetings and has formal redemption and liquidity plans. Firms in our sample are characterized by liberal attitudes: more than 75% consider female ownership acceptable and more than two-thirds of the firms respond positively to potential female CEOs.PublishedN/A2016-05-10T08:21:49Z2016-05-10T08:21:49Z20062016-05-10Articleinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article0894-4865http://hdl.handle.net/10725/3742http://dx.doi.org/10.1111/j.1741-6248.2006.00071.xFahed‐Sreih, J., & Djoundourian, S. (2006). Determinants of longevity and success in Lebanese family businesses: An exploratory study. Family Business Review, 19(3), 225-234.http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.phphttp://onlinelibrary.wiley.com/doi/10.1111/j.1741-6248.2006.00071.x/abstract?systemMessage=Wiley+Online+Library+will+be+unavailable+on+Saturday+14th+May+11%3A00-14%3A00+BST+%2F+06%3A00-09%3A00+EDT+%2F+18%3A00-21%3A00+SGT+for+essential+maintenance.Apologies+for+the+inconvenience.&userIsAuthenticated=false&deniedAccessCustomisedMessage=enFamily Business Reviewinfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/37422021-03-19T09:10:05Z
spellingShingle Determinants of longevity and success in Lebanese family businesses
Fahed-Sreih, Josiane
status_str publishedVersion
title Determinants of longevity and success in Lebanese family businesses
title_full Determinants of longevity and success in Lebanese family businesses
title_fullStr Determinants of longevity and success in Lebanese family businesses
title_full_unstemmed Determinants of longevity and success in Lebanese family businesses
title_short Determinants of longevity and success in Lebanese family businesses
title_sort Determinants of longevity and success in Lebanese family businesses
url http://hdl.handle.net/10725/3742
http://dx.doi.org/10.1111/j.1741-6248.2006.00071.x
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
http://onlinelibrary.wiley.com/doi/10.1111/j.1741-6248.2006.00071.x/abstract?systemMessage=Wiley+Online+Library+will+be+unavailable+on+Saturday+14th+May+11%3A00-14%3A00+BST+%2F+06%3A00-09%3A00+EDT+%2F+18%3A00-21%3A00+SGT+for+essential+maintenance.Apologies+for+the+inconvenience.&userIsAuthenticated=false&deniedAccessCustomisedMessage=