Browsing by Author "Munene, Bob Bonabo"

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    Longevity of family- owned businesses in Uganda
    (University of the Western Cape, 2024) Munene, Bob Bonabo
    Given the early demise of most family-owned firms, this study sought to investigate the factors that could explain their longevity in the Ugandan context where such evidence is glaringly lacking. By utilizing theories such as the leadership succession model, the Stewardship Theory, the Organizational Learning Theory, and the Resource-Based view theory a multi-theoretical model with factors that included succession planning, family involvement, organizational learning, and innovation capabilities was derived to explain family business longevity in the Ugandan context. The study adopted a cross-sectional survey research design that was quantitative where data from a sample of 241 family-owned firms was collected and analyzed. The data was collected using a structured questionnaire and the Structural Equation Model (SEM) was used to test factors that drive longevity in family-owned businesses.