Sustainable Futures (Dec 2024)

An abductive exploration of sustainability implementation intent among family business successors: Extending the theory of planned behavior

  • Joshua Cole T. Co,
  • Darwin B. Loyola,
  • Ella Khristelle L. Martinez,
  • David Emmanuel P. Poticano,
  • Adrian A. Mabalay,
  • Denver Bingski D. Daradar,
  • Angelique C. Blasa-Cheng

Journal volume & issue
Vol. 8
p. 100396

Abstract

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This study explores factors driving family business successors’ intent to implement sustainable practices. Using an abductive approach with 15 second-generation successors, we identified eight primary factors influencing sustainability implementation intent: environment, future orientation, business improvement, family relations, employees, customers, values and mindset, and community development. Three moderating variables were also found: personal resistance, external factors, and financial expense. Our findings contribute to family business and sustainability literature by proposing a novel theoretical framework capturing the complex interplay of factors shaping successors’ sustainability intentions. This research offers insights for promoting sustainability in family firms and enhancing their long-term resilience.

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