Impact of business transfer on economic performance: the case of Italian family farms

被引：1
|
作者：
Bertoni, Danilo [1 ]
Cavicchioli, Daniele [1 ]
Latruffe, Laure [2 ]
机构：
[1] Univ Milan, Dept Environm Sci & Policy ESP, Milan, Italy
[2] Univ Bordeaux, INRAE, GREThA, F-33608 Pessac, France
来源：
INTERNATIONAL JOURNAL OF ENTREPRENEURSHIP & SMALL BUSINESS | 2023年 / 48卷 / 02期
关键词：
family business; succession; economic performance; propensity score matching; PSM; Italian farms; FIRM PERFORMANCE; INTERGENERATIONAL SUCCESSION; INTRA-FAMILY; OWNERSHIP; POLICY; GROWTH; PRODUCTIVITY; DECISIONS; FUTURE; TERM;
D O I：
10.1504/IJESB.2023.128337
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The impact of business transfer on family business performance is widely explored in the literature but is neglected for agriculture although family farms are key players in the economy. We investigate whether the succession changes the economic performance of family firms for Italian family farms during the period 2008-2014. Our results show that succession on these family businesses has a negative effect on their economic performance related to capital, due to an increase in capital after succession. One policy implication is that support for investment by new farmers should be improved.
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页数：29
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