000			01059nab a22001217a 4500
008			160615b1996 xxu||||| |||| 00| 0 eng d
100			_aFile, Karen Maru
245			_aAttribution for family business failure _cthe heir's perspective / File, Karen Maru.
260			_c1996
300			_a171 - 184
520			_aFamily business studies have focused on succession because of the incidence of family business failure and the importance of family businesses within the US economy. This study furthers the understanding of family business failure by making the distinction between succession planning (the management task of transitioning leadership) and estate planning (the task of transitioning financial assets and managing federal estate tax obligations) and using this distinction to better understand family business discontinuance. This study of 749 heirs of failed family businesses demonstrates that inadequate estate planning is more often associated with family business failure than is poor succession planning.
773			_aFamily Business Review _dJun
999			_c43539 _d43539