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The Impact of Demographic Changes on Succession Practices of Family Businesses

Student: Natalya Staroverova

Supervisor: Mikhail G. Nazarov

Faculty: Faculty of Management

Educational Programme: Management (Bachelor)

Year of Graduation: 2019

Family entrepreneurship is considered to be the most common type of business, prevailing in quantitative terms in countries with developed market economies. The topic of business inheritance has not been sufficiently studied by the influence of the demographic factor and the problem of continuity in the family business remains relevant, the research provides new ideas for practicing entrepreneurs, or rather, successors who are not ready to accept business from one side and business leaders, who in turn are not ready to pass on the business to the next generation. Keywords: demographic changes * inheritance * continuity * family business The problem of the study is the lack of studies of demographic factors affecting the inheritance of the family business. Objective: to assess the impact of demographic changes on the continuity of family business in Russia. The object of the research is the family business of Russia, as a separately existing system. The subject of research is the process of succession of family business in Russia. The main research methodology is a case study based on expert interviews with business leaders and successors to identify decision-making features when planning business transfers in individual cases. The interview will be carried out in offline format.

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