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  • Succession Planning in Australian Farming

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    85215_1.pdf (138.1Kb)
    Author(s)
    Sappey, Richard
    Hicks, John
    Basu, Parikshit
    Keogh, Deirdre
    Gupta, Rakesh
    Griffith University Author(s)
    Gupta, Rakesh
    Year published
    2012
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    Abstract
    The theme of this paper is that succession planning in Australian farming is under-developed. It may be linked to economic and social change which suggests that farmers need to adapt to generational change but this is being resisted or ignored. The implications of this are the slow decline of family farming, a poor transfer of skills and knowledge to subsequent generations of farmers in some parts of the agricultural sector and the potential for an extension of the financial services industry to develop a more effective raft of succession planning measures to mitigate the effects of a traditional approach to succession in ...
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    The theme of this paper is that succession planning in Australian farming is under-developed. It may be linked to economic and social change which suggests that farmers need to adapt to generational change but this is being resisted or ignored. The implications of this are the slow decline of family farming, a poor transfer of skills and knowledge to subsequent generations of farmers in some parts of the agricultural sector and the potential for an extension of the financial services industry to develop a more effective raft of succession planning measures to mitigate the effects of a traditional approach to succession in agriculture.
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    Journal Title
    Australasian Accounting Business & Finance Journal
    Volume
    6
    Issue
    4
    Publisher URI
    http://ro.uow.edu.au/aabfj/vol6/iss4/7/
    Copyright Statement
    © 2012 University of Wollongong. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
    Subject
    Finance
    Accounting, Auditing and Accountability
    Banking, Finance and Investment
    Business and Management
    Publication URI
    http://hdl.handle.net/10072/51887
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    • Journal articles

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