Abstract

It is very important for the economy and welfare of the countries that family businesses continue their economic life. However, the sustainability rates of these enterprises are very low. In this process, it is a well-known fact that businesses need an effective objective and rational succession planning. For this reason, this study was carried out to measure whether traditions, customs and culture affect the succession planning of the enterprises. As a sample, 260 businesses that have been operating for at least 25 years and are still actively continuing their business life in the city of Konya were used. Survey was used as a data collection tool. The obtained findings were analyzed by structural equation modeling and as a result, it was determined that customs and traditions affected the culture, culture affected the succession planning and customs and traditions through culture affected the succession planning. It has also been found that traditions and customs do not directly affect succession planning.