| dc.description.abstract | This study was to review the theories, issues and research findings relevant in the executive succession and performance in small and medium enterprises (SMEs). This paper attempts to answer key questions to the challenges and practices in executive succession. Researchers have widely argued that the long term survival of SMEs is at risk mainly due to the challenge in executive succession. Executive succession in family owned SMEs is significantly different from non family owned.
The review of the conceptual framework in executive succession and performance identifies Performance as the dependent variable whereas successor ongm, successor development/training, inter-generational relationships, predecessor leadership, compensation, educational level and functional background experience as independent variables. From the literature review it shows that the independent variables are studied in isolation, their joint effect on executive succession and performance has not been studied.
The relationships of the moderating variables like culture and strategy has also not been established. While there is an attempt to study executive succession in large firms, there still exist gaps in SMEs executive succession particularly in the African context. | en_US |
