Abstract:

Purpose

This paper examines how ownership transition models, as a key factor in family firms (Eddleston et al., 2024), affect firm performance and survival. It synthesizes prior studies to identify primary transition strategies and reveals their impact on outcomes.

Design/methodology/approach

A systematic literature review synthesizes 76 theoretical and empirical articles from Scopus, selected via rigorous inclusion and exclusion criteria, to identify ownership transitions in family businesses and analyze their impact.