A Study of Succession in a Family Firm
For many founders of family firms, the decision to retire and relinquish control of the business to their offspring is difficult. Pierre Peladeau founded Quebecor Inc., a family business and a communications leader in the new economy. The present research describes the reluctance of the founder to let go of the business to his offspring and the succession process after the death of the founder. The methodology employed is a combination of case history and study of public documents. The study underscores the need to manage conflict between family members and to plan for succession for the next generation effectively.
No Supplementary Data
No Article Media
Document Type: Research Article
Canadian Imperial Bank of Commerce Distinguished Professor of Family Business, John Molson School of Business, Concordia University, Montreal, Quebec, Canada.
Assistant professor at the John Molson School of Business, Concordia University, Montreal, Quebec, Canada.
Doctoral candidate at Concordia University, Montreal, Quebec, Canada.
Publication date: September 1, 2001