Psychological Perspective of the Succession Obstacles in Our Nigerian Indigenous Firms

Dr. Orok B. Arrey

Psychological Perspective of the Succession Obstacles in Our Nigerian Indigenous Firms

Dr. Orok B. Arrey * §

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§ Federal University Wukari

Psychological Perspective of the Succession Obstacles in Our Nigerian Indigenous Firms

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Abstract

The succession obstacles in our family indigenous firms is the difficulty in fetching effective successors to the founder of the firm. Usually the owner and the founding director makes no conscious to provide for his success or like any other persons the fact that some day he will no longer be in the business as a head. Each day for him appears too early for whom to take over from him. He is only thinking how to expand his firm. In terms of manager, he also thinks of new business or all types of integration. Suddenly he dies. It becomes difficult for his successor to know how to go about with the business because the owner of the company was performing well. His formula was not disclosed to any body not even his relative. This paper is focus on psychological perspective of the succession obstacles in our Nigeria indigenous firms.

References

8 Cites in Article

Reference Format

Christopher Hodgkinson (1985). Family Business Wharton Alumni Magazine Winter.
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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Arrey. 2013. "Psychological Perspective of the Succession Obstacles in Our Nigerian Indigenous Firms". Global Journal of Management and Business Research, Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 13 (GJMBR Volume 13 Issue A11).

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GJMBR Volume 13 Issue A11

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

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Classification

GJMBR-A Classification JEL Code: M13

O32

Submission ReceivedDecember 9, 2012
Peer Review Double Blind
Handling Editor
Accepted January 4, 2013
Published January 15, 2013

Version of record

v1.2

Issue date

December 29, 2013

Language

English

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Article Matrices

Total Score: 153

Country: Nigeria

Subject: Global Journal of Management and Business Research

Authors: Dr. Orok B. Arrey (PhD/Dr. count: 1)

View Count (all-time): 301

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Publish Date: 2013 01, Tue

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Total Downloads: 50

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