The role of social capital in intra-family succession : ensuring the transition of networks to the second generation

2017

Given the era of the new economy the role of social capital is even more important and the preservation and transfer of it in a situation of intra-family succession should be one of the major considerations when conducting succession planning. Relationships as form of assets are often neglected and this study emphasizes the role of social capital in the future success of a company. The aim of this study is to shed light on the role of social capital during succession and focus on the competitive advantage it is able to bring to the company. This study uses qualitative and interpretive analysis approach in order to determine the role of social capital, the creation and management of social n…