Professionalization of Management and Succession Performance—A Vital Linkage
基于印度家族企业案例，研究非家族职业经理人继任与家族成员继任对继任绩效的影响，提出五个命题，为家族企业继任决策提供参考。
Based on inductive reasoning—case evidence from Indian family business groups and the authors' experience with family businesses in India—this article explores the impact on succession performance of succession to a nonfamily professional manager as compared to a family member, commonly referred to as professionalization of management. An important distinction is drawn between family-owned and family managed businesses and family-owned and professionally managed businesses. Then, drawing from case studies on succession process in three Indian family business groups, the article puts forth five propositions pertaining to the impact of professionalization of management on succession performance. Several directions for further research are indicated.