To understand the impact of succession on a family agribusiness, it is necessary to differentiate the perspectives of the stakeholders. These comprise the family, the owners and the managers.
Each group tends to have different goals and expectations. Family members often view the agribusiness as an important part of the family's identity and heritage, and as a source of financial security that will enable them to satisfy their lifestyle expectations.
In contrast, those in management see their careers as tied to the business and tend to regard it as a vehicle for professional development and economic achievement. From their perspective, the business's primary goal is not to look after the needs of family
