Perception of Farm Succession Planning by Poultry Farmers in Southwest, Nigeria

Arowolo, Olusola; Ogunronbi, Adewale Abolore; Adeogun, S. O.

doi:10.4314/jae.v21i1.7

Cited by 10 publications

(8 citation statements)

References 6 publications

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“…This suggests that there is an inherent prospect in putting in place a succession plan among aged cash crop farmers in Ogun State, Nigeria. This result corroborates that of Arowolo et al (2015) and Arowolo et al (2017) who stated that the majority of poultry farmers in southwestern Nigeria had a favourable perception towards succession plans.…”

Section: Perception Of Aged Cash Crop Farmers Towards the Succession ...supporting

confidence: 91%

“…The significance of perception towards succession plans might be because aged cash crop farmers perceive thoughts about succession plans as tantamount to wishing them early death, therefore, they rarely discuss nor do anything about it. This finding is in line with that of Arowolo et al (2017) which affirmed that older groups of farmers barely discuss issues of succession because they perceive that such thoughts are tantamount to wishing them to die early. The significance is that the number of years of formal education might be due to enlightenment and social status that come with it, therefore, the more their years of formal education, the more it is expected that they value and put the succession plan in place.…”

Section: Factors Influencing Farm Succession Plan Among Aged Crop Far...supporting

confidence: 88%

“…Although aged farmers show a favourable perception toward a succession plan, their succession plan has not been influenced because of the low interest of prospective successor to take over the farm. These findings support the opinion of Beginning Farmers, (2015) and Arowolo et al (2017) that most farmers encourage their children to seek an alternative career apart from farming which invariably does not encourage the successor to consider taking over the farm business.…”

Section: Test Of Hypothesessupporting

confidence: 79%

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Factors influencing succession plan among aged crop farmers in rural communities of Ogun State Nigeria

2022

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Purpose: This study examined the aged crop farmers' perception towards succession plan, determined the level of succession plan intention among the respondents, and revealed the factors influencing succession plan among aged crop farmers in rural communities.Research Method: A sample size of 192 aged crop farmers from the four agricultural zones who were above 60 years old were selected by means of multistage sampling procedure. Data were collected through structured interviewed method and summarised using appropriate statistics.Findings: Results revealed respondents' mean age as 75.14±9.76 year, with majority being male (86.5%) and married (72.4%) respectively. Furthermore, the respondents' mean of farming experience was 50.02±14.79. It was established that 79.2 percent of the respondents had a succession plan and there was a low succession plan intention. The factors associated with the succession plan at p≤0.05 were farming experience (β = 0.485), household size (β = 0.330), perception (β = 0.402) and life after retirement from farming (β = 0.183).

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Section: Perception Of Aged Cash Crop Farmers Towards the Succession ...supporting

confidence: 91%

Section: Factors Influencing Farm Succession Plan Among Aged Crop Far...supporting

confidence: 88%

Section: Test Of Hypothesessupporting

confidence: 79%

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Factors influencing succession plan among aged crop farmers in rural communities of Ogun State Nigeria

2022

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“…It simply identifies specific people to fill key positions within an enterprise irrespective of its status (Ugoani, 2015) [46]. It is the organized process of identification, preparation and grooming of potential successor(s) to take over the management, ownership and possession of the business (Arowolo, Ogunrombi, Apantaku & Adeogun, 2017) [6].…”

Section: Succession Planning In Family Owned Businessesmentioning

confidence: 99%

Polygamy and Family Owned Business Succession in Nigeria

Nnabuife

Nwogwugwu

Okoli

2019

IJME

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With the alarming rate Family Owned Businesses (FOBs) die at the demise of its founders/owners this study looks at polygamy and the role it plays in smooth succession of FOBs in the Southeast Nigeria as its major objective. The study demystifised the concept of FOB and succession in FOBs vis-a-vis polygamy. The kitchen model of succession in FOBs operated by polygamous was also explained. Some factor militating against succession in FOBs of polygamous families were discussed in detail. It was concluded that since FOBs play a great part in the economy of nations Nigeria and Southeast part inclusive, those owned by polygamous families need to start the processes of succession early enough to aviod squabbles at the demise of owner/founder. Professionals should also be brought in early to handle major business decisions as well as avoid playing into the hands of sentiments and emotions while making critical succession decisions.

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“…With respect to the variable "off-farm job", seven (54%) studies showed that there is no effect on family farm succession (Aldanondo Ochoa et al, 2007;Cavicchioli et al, 2015;Glauben et al, 2009Glauben et al, , 2004Kimhi and Nachlieli, 2001;El-Osta, 2007, 2008). On the other hand, six (40%) reported a negative relationship (Arowolo et al, 2017;Cavicchioli et al, 2019;Corsi, 2009;Hennessy and Rehman, 2007;Kerbler, 2012;Zou et al, 2018) and a minority showed that it can have a positive effect (Kerbler, 2012;Mishra and El-Osta, 2010). The majority of studies quantified this as a dichotomous variable and only five studies measured it as a continuous variable as a percent of total income, which can lead to differences in the results.…”

Section: Quantitative Studiesmentioning

confidence: 99%

Which variables influence the succession process in family farms? A literature review

2020

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The decrease in family farm succession is a problem in many countries worldwide. However, no systematic compilation of relevant studies exists. The method of analysis described in this article enabled us to obtain descriptive statistical results such as: most-studied variables, least-studied variables, patterns in the effects of the variables on succession, new types of variables analyzed, and principal approaches of the qualitative studies. We conducted a literature search in four databases, which resulted in 59 papers relevant to the topic. Twenty-nine of them are quantitative and 30 are qualitative. The literature search in peer-reviewed journals in English resulted primarily in articles from developed countries. Due to this, the selection, analysis and results turned out to be focused on Global North countries. Likewise, the studies considered are focused mainly on the opinion of the principal farmer and disregard that of other family members. From the quantitative studies, we analyzed five groups of variables (farmer, farm, family, context and psychological variables). The farmer variables are the most studied and the context and psychological variables are the least studied. We identified four axes around which the qualitative studies focused: socioeconomic factors, communication between father and heir about the process of succession, integration in decision-making and trust in the heir, and training the successor. Adding new countries (e.g. from Sub-Saharan Africa) and generating new models including psychological, context, and qualitative variables could lead to new ways of understanding such a complex issue.

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Perception of Farm Succession Planning by Poultry Farmers in Southwest, Nigeria

Abstract: Abstract

Cited by 10 publications

References 6 publications

Factors influencing succession plan among aged crop farmers in rural communities of Ogun State Nigeria

Factors influencing succession plan among aged crop farmers in rural communities of Ogun State Nigeria

Polygamy and Family Owned Business Succession in Nigeria

Which variables influence the succession process in family farms? A literature review

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