The Takeover of Family Business: An Exploratory Study in Light of Sensemaking Approach

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Araban Oumaima
Araban Oumaima
2
Hourmat Allah Hind
Hourmat Allah Hind

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GJMBR Volume 21 Issue A10

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The takeover of family business nowadays raises delicate issues related to power, transfer of ownership and management, to which is added the family context and all the particularities that this implies. In view of the importance of the takeover process, the main objective of this paper is to reflect on the emotional experience of the takeovers in order to understand its effect on the conduct of change and decision-making in the family business. Particular attention will first be paid to the perception of the future buyers of the change situation. An effort to understand the role of these buyers in this process will then be highlighted on the basis of the Sensemaking approach. Conclusively, by adopting a qualitative approach, we will present the results of an exploratory study conducted with a Moroccan family group operating in the hotel sector in order to better understand the takeover process.

Funding

No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Araban Oumaima. 2021. \u201cThe Takeover of Family Business: An Exploratory Study in Light of Sensemaking Approach\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 21 (GJMBR Volume 21 Issue A10): .

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Family Business Research.
Issue Cover
GJMBR Volume 21 Issue A10
Pg. 23- 33
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-A Classification: JEL Code: M10
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v1.2

Issue date

September 30, 2021

Language

English

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The takeover of family business nowadays raises delicate issues related to power, transfer of ownership and management, to which is added the family context and all the particularities that this implies. In view of the importance of the takeover process, the main objective of this paper is to reflect on the emotional experience of the takeovers in order to understand its effect on the conduct of change and decision-making in the family business. Particular attention will first be paid to the perception of the future buyers of the change situation. An effort to understand the role of these buyers in this process will then be highlighted on the basis of the Sensemaking approach. Conclusively, by adopting a qualitative approach, we will present the results of an exploratory study conducted with a Moroccan family group operating in the hotel sector in order to better understand the takeover process.

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The Takeover of Family Business: An Exploratory Study in Light of Sensemaking Approach

Araban Oumaima
Araban Oumaima
Hourmat Allah Hind
Hourmat Allah Hind

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