Leadership Succession Planning: An Examination of Sole Proprietor Estate Surveying and Valuation Firms in Lagos Metropolis, Nigeria

This paper reports the results from a survey of 38 small sole- proprietor estate surveying and valuation firms in Lagos, Nigeria. A 45% questionnaire retrieval rate was achieved while CEOs/owners of estate surveying and valuation firms were interviewed. Descriptive statistics were used to analyze the respondents‟ general characteristics as well as their attitude toward business succession planning. The study found that sole-proprietor firm owners desired that their firms outlive them through transferring of the firms‟ businesses to their next generation. However, majority of these sole proprietors‟ next generation were not keen on pursuing real estate business related courses in their undergraduate days in view of their exposure to modern technology and the influence of peers. Also, the study found that the owners of these firms have not, as a matter of policy, planned for their succession because of the cultural and attitudinal beliefs and values, which forbid thoughts about death or incapacitation about a living soul. As a result, the study indicated that only 5% of sole proprietor estate surveying and valuation firms in this category have continued to the second generation in the study area. This outcome has serious implications for small professional service businesses‟ economic and job creation potential for Nigeria

Additional file 3: Figure S3. of Sorting nexin-4 regulates β-amyloid production by modulating β-site-activating cleavage enzyme-1

SNX4 does not interact with presenilin-1 and control APLP2 processing. a SH-SY5Y cells were transfected with BACE1-HA and either mock GFP or SNX4. The cell lysates were coimmunoprecipitated with GFP antibody followed by Western blotting against anti-GFP and anti-presenilin-1 antibodies to assess interaction between SNX4 and presenilin-1. b SH-SY5Y cells were transfected with BACE1-HA and either mock-GFP or SNX4, and the levels of APLP2 were analyzed by immunoblotting in either cell lysates or culture medium. The bar graph shows the band densities of the sAPLP2 in medium as a percentage of the indicated group. Data are presented as mean ± SEM of three independent experiments and were analyzed using Student’s t test. **p < 0.01, ***p < 0.001 vs. control. (JPG 218 kb