African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4188

Full Length Research Paper

The role of management accounting in family business succession

Marco Bisogno
  • Marco Bisogno
  • Department of Management and Innovation Systems, University of Salerno, Fisciano, Italy.
  • Google Scholar
Giovanni Vaia
  • Giovanni Vaia
  • Department of Management, University of Venice “Ca Foscari”, Italy.
  • Google Scholar

  •  Received: 25 July 2017
  •  Accepted: 13 October 2017
  •  Published: 14 November 2017


Family business succession is considered inherent to family businesses and represents a critical process that is generally characterised by resistance to change. This study aims to investigate the role of management accounting systems (MASs) in family business succession, in order to understand how changes in MASs during the succession across different family generations can help the succession process itself, facilitating the rise of the new leader, supporting changes, and reducing resistance to them. The research adopts a case study approach, focusing on organizational routines and their changes, at the same time taking into account the socioemotional wealth of the family firm. Evidence from the study shows the strategic role of MAS in managing the succession process, through the implementation of new routines and rules in helping the decision-making process and in achieving the firm’s leadership.


Key words: Family business succession, management accounting changes, routines, socioemotional wealth.