Factors influencing intention to family business succession: A case of Kigali Independent University ULK

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, successors 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.