The purpose of this thesis is to investigate how far the education level of the second or
third generation of publicly traded German family firms affects the post-succession firm
performance. By conducting a correlational and regression design, the aim is to examine
how several variables influence the performance of family firms.
Performance measures, for example ROA and Tobin’s q and variables, like Education
level and succession periods, examine analytically that a positive succession trend will
occur. However, with the used model, only a less rigid model shows empirical evidence
