This document summarizes a research study that examines whether having a female CEO as a role model influences next generation involvement in family firms. The researchers investigate how having a mother as the CEO impacts daughters' involvement in the family business compared to daughters whose mothers are not actively involved.
The study uses role model theory and analyzes data from 165 next generation family members. Quantitative analysis shows no significant impact of having a mother as CEO on daughters' involvement. However, having a mother as CEO does have a positive impact on children's governance involvement.
The researchers plan to conduct qualitative interviews with daughters of female CEOs to understand how the mother-daughter relationship and siblings' reactions influenced the daughters' involvement in the family business.