Welsch, Johannes H M <br/><br/>
The impact of family ownership and involvement on the proces management succession 
Welsch, Johannes H M. 
 -  1993 
 - 31 - 54 
<br/><br/> The exploratory investigation on which this article builds seeks to link the field of family business with the field of human resource management. The research asks the question, Are family firms less rational, less bureaucratic, and more political in the management of their human resources? An in-depth analysis of the process of management succession in more than two hundred industrial firms shows the differences to be very subtle.