“…However, succession also involves unique contextual factors that must be considered over time, including different stakeholders (Wang et al, 2019). A study by (Suhartanto, 2022;Zybura et al, 2021a) The study found that high-performing and sustainable family businesses share several common succession characteristics (Bertolozzi-Caredio et al, 2020), such as a good relationship between predecessors and successors (Woodfield & Husted, 2017a), The successor's experience in subordinate roles outside the business enables them to gradually take on leadership responsibilities (Zybura et al, 2021b), The organizational culture that values learning and growth, and the successor's commitment to the business (Tang & Hussin, 2020b).…”