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Direct Research Journals
Direct Research Journal of Social Science and Educational Studies (DRJSSES) Vol.2 (6), pp. 77-88, November 2015
ISSN: 2449-0806

Factors influencing intention to family business succession: A case of Kigali Independent University ULK
Article Number: DRJA17085257
DOI:

Original Research Article


RUKUNDO1* S. Friend and CYEZE2, M. Emmanuel


1School of Economics and Business studies,Kigali Independent University (ULK), Kigali Campus, Rwanda.

2School of Social Sciences, Kigali Independent University ULK, Gisenyi Campus,Rwanda.


date Received: October 27, 2015     date Accepted: November 10, 2015     date Published: November 20, 2015

Abstract

The aim of this article is to investigate the factors affecting the intentions to family business succession using Kigali Independent University ULK as a case study. An extensive literature search of business magazines, journal databases, textbooks, and relevant reports and citations was carried out, interview and observation were used to collect data.Key findings include succession planning, successor’s readiness, affective commitment of the successor, role of the predecessor, and intra-family relations. A detailed summary of these is given, which together constitute the intention to family business succession. This paper is rich in qualitative detail, but some of the respondents are still at school and some of them do not have sufficient information on practices of Kigali Independent University ULK. The main point of this paper is to determine the factors influencing the intention to family business succession at Kigali independent University ULK.


Key words: Family business, succession intention, succession planning, successor’s readiness, affective commitment, predecessor, and intra- family relations.