Status : Verified
| Personal Name | Armida Salvador Samaniego |
|---|---|
| Resource Title | Governance, succession and professionalization: sustainability in family-owned educational institutions |
| Date Issued | March 2012 |
| Abstract | The study came up with a model of sustainability for family-owned educational institutions by determining their governance structure, succession, and professionalization practices. Respondents were presidents and other appointed administrators in each respective institution which has existed 25 year or more. The study used the qualitative method with a semi-structured interview and documentary analysis of the ten (10) institutions. Purposive sampling was used to comply with specific characteristics prescribed by the study. It used the model of Creswell (2009) for data analysis. Findings revealed that there was a high concentration of ownership and control in family-owned educational institutions; informal family assemblies were considered an alternative to a formal family council; the original vision of the founder served as the institution’s guiding philosophy; the legal heirs are committed to the founder’s vision; families generally do not have written policies pertaining to family participation in the school; and many of their practices are verbally agreed upon and handed down by the previous generations to the next. Findings on succession showed that the founder served as the first president of the school; the traditional pattern where the key leadership started from the founder, passed on to the wife then to the offspring is dominant; deliberation among elders replaces formal succession planning; the checklist for a successor to the presidency includes education and formal training, involvement in the school, external exposure and participation, skills and abilities, good traits, and the extent of the culture assimilated by the prospective successor from the founder. The succession experiences were manifested in the turn-over or the actual hand-off of the position and the challenges met upon ascendancy. The common succession experience is a gradual but progressive turn-over and the dominant challenge encountered is that of facing a higher level of respon |
| Degree Course | Doctor of Philosophy in Education (Educational Administration) |
| Language | English |
| Keyword | Family-owned business enterprises, management, succession, family corporations, governance, education |
| Material Type | Thesis/Dissertation |
Preliminary Pages
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Category : F - Regular work, i.e., it has no patentable invention or creation, the author does not wish for personal publication, there is no confidential information.
Access Permission : Open Access