Maduka, Oluchi Jane2024-07-192024-07-192023-03Maduka, Oluchi Jane. (2023). Factors influencing the next generations’ succession decisions for family businesses in South Africa [Master’s dissertations, University of the Witwatersrand, Johannesburg]. WirDSpace. https://hdl.handle.net/10539/38977https://hdl.handle.net/10539/38977A research report submitted in partial fulfillment of the requirements for the degree of Master of management in entrepreneurship and New Venture Creation to the Faculty of Commerce, Law and Management, Wits Business School, University of the Witwatersrand, Johannesburg, 2023The involvement of the next-generation family members on succession decisions can improve continuity of the business. i Although several factors scan influence an individuals i choice of career, including in relation to joining the family business, parental support is the most influential. the primary objective of the study was to investigation factors influencing the next-generations’ succession decisions for family i businesses in SA. given that challenges usually emerge during succession decisions especially when the founder wants to pass down the torch to his/her children. This can discontinue the business if a proper process is not instituted.en© 2023 University of the Witwatersrand, Johannesburg. All rights reserved. The copyright in this work vests in the University of the Witwatersrand, Johannesburg. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of University of the Witwatersrand, Johannesburg.Family BusinessSuccession idecisionsThe next-generationParental supportSelf-efficacyCommitment ito ithe ifamily ibusinessSDG-8: Decent work and economic growthDissertationUniversity of the Witwatersrand, Johannesburg