Determinants of Longevity and Success in Lebanese Family Businesses: An Exploratory Study
基于114家黎巴嫩家族企业的样本，探索了有效继任规划与长寿之间的关系，发现老企业更倾向于参与式决策、召开家族会议并制定正式赎回和流动性计划，且多数企业接受女性所有权和CEO。
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.