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The impact of divorce on the family business system in SMEs - patterns of coping strategies, commitment and ownership regulations
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).ORCID iD: 0000-0002-0931-9136
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, Media, Management and Transformation Centre (MMTC).ORCID iD: 0000-0001-7415-7519
2021 (English)In: International Journal of Entrepreneurship and Small Business, ISSN 1476-1297, E-ISSN 1741-8054, Vol. 44, no 4, p. 335-358Article in journal (Refereed) Published
Abstract [en]

In this paper, we outline how the divorce of the main owner-manager of a family-owned SME impacts the family business system. Divorce not only represents a pronounced family failure, but it can also be a highly stressful condition for the family members involved. To date, the impact of divorce on family businesses remains understudied, despite rates of divorce as high as 50% in some countries. Drawing on almost a decade of experience with engaged scholarship at the interface between divorce and family businesses, we selected four typical case studies to illustrate different coping strategies and show how divorce can change the strategic outlook of the family business system in SMEs by altering the commitment of the owner family to maintain the business in the family as well as ensuring the business continuation per se. Moreover, we exemplify how legal ownership regulations can shape family businesses strategic scope after divorce by impacting the financial situation. We integrate these findings into a model of family business system adaptation.

Place, publisher, year, edition, pages
InderScience Publishers, 2021. Vol. 44, no 4, p. 335-358
Keywords [en]
family business; divorce; Sweden; engaged scholarship; crisis
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-55041DOI: 10.1504/IJESB.2022.10042616Scopus ID: 2-s2.0-85122041327Local ID: HOA;;55041OAI: oai:DiVA.org:hj-55041DiVA, id: diva2:1609592
Available from: 2021-11-08 Created: 2021-11-08 Last updated: 2022-01-12Bibliographically approved

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Haag, KajsaAchtenhagen, Leona

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International Journal of Entrepreneurship and Small Business
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