Abstract
In this paper, we bridge the entrepreneurship and family business literatures and argue that exit is a dynamic process, which is driven by the owner-manager’s perception of exit. Inspired by construal level theory, a psychological construct accounting for the connection between perceptions and actions, we develop a typology of four exit perceptions. We argue that each of these perceptions facilitate and hinder particular owner-manager actions, which shape the exit process. The typology is applicable in research as a framework to study and understand the exit process and in practice as a tool to work strategically with exit planning.
Originalsprog | Engelsk |
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Tidsskrift | Academy of Management Proceedings |
Vol/bind | 2019 |
Udgave nummer | 1 |
Antal sider | 1 |
ISSN | 2151-6561 |
DOI | |
Status | Udgivet - 1 aug. 2019 |
Begivenhed | European Academy of Management: Exploring the Future of Management - ISCTE-IUL, Lisbon, Portugal Varighed: 26 jun. 2019 → 28 jun. 2019 Konferencens nummer: 19 http://www.euramonline.org/annual-conference-2019.html |
Konference
Konference | European Academy of Management |
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Nummer | 19 |
Lokation | ISCTE-IUL |
Land/Område | Portugal |
By | Lisbon |
Periode | 26/06/2019 → 28/06/2019 |
Internetadresse |