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Primogeniture
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).ORCID iD: 0000-0002-8203-4655
2024 (English)In: Elgar Encyclopedia of Family Business / [ed] C. Howorth and A. D. Cruz, Edward Elgar Publishing, 2024, p. 341-342Chapter in book (Refereed)
Abstract [en]

Primogeniture refers to the preference in inheriting the business given to the male firstborn child. Primogeniture exempts the incumbent to make a choice among several potential successors and strengthens certain features of the family socioemotional wealth invested in the firm. In addition, the rule of primogeniture may also prevent the fragmentation of ownership across generations, which could create issues in decision making and commitment to the firm by different family branches. However, the application of the male preference primogeniture rule has major drawbacks, the most relevant ones being: (i) the implicit exclusion of daughters from the succession and (ii) the lower importance of competence-based successors’ assessment. The primogeniture principle is increasingly challenged by the evolution in society. In particular, the awareness of daughters’ issues in succession has substantially grown in the recent decades, along with the change in professional and family roles of women in society.

Place, publisher, year, edition, pages
Edward Elgar Publishing, 2024. p. 341-342
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-65446DOI: 10.4337/9781800888722Scopus ID: 2-s2.0-85195902069ISBN: 9781800888715 (print)ISBN: 9781800888722 (electronic)OAI: oai:DiVA.org:hj-65446DiVA, id: diva2:1879107
Available from: 2024-06-27 Created: 2024-06-27 Last updated: 2024-06-27Bibliographically approved

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Pittino, Daniel

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CiteExportLink to record
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