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 Issues of New Zealand Farm Succession:

A Study of the Intergenerational Transfer of the Farm Business

Table of Contents

• Credits
  • Disclaimer
• Preface
• Acknowledgements
• Introduction
• The Research Method
• The Family Farm Business: a cyclical pattern of ownership
• The Study Farms
  • Farm Types , The farm family , Farm roles
• The Succession Process
  • Succession Universals
• Who Succeeds
  • Decision to succeed , Choice of successor , Succession and daughters
• Non-Successor Siblings
  • Siblings and equity , Female siblings , Acceptance of choice , Harmony
• Importance of the farm remaining in the family
  • Gender differences , Keeping the farm
• Characteristics of retirement (the retiring generation)
  • When to retire , Satisfaction ratings , Alternative enterprises , Ageing , Farmwork post retirement
• Retiring generations’ own succession experiences
  • Stress , Planning , Ownership
• Characteristics of succession (the succeeding generation)
  • Delayed succession , Ideal timing , Moving house , Succession decision making , Matrimonial Property Act , Financial contributions , Management contribution
• Family meetings and meetings with advisers
  • Who is ‘the family’? , Meetings with advisers , Role of advisers , Who advises
• The management of succession
  • Actions , Goals , New technology
• Stress
  • Who is stressed? , Stressors , Time of stress , Single men , Uncertainty of succession , Family harmony
• Retirement and succession plans
  • Successful? , The exit
• Issues for women
  • Ownership and contributions , Definition of ownership , Visibility of ownership , Decision making , Identification of farm roles , Farm related household duties , Relationship with advisers , Successor women and the future
• Conclusions
• Recommendations
  • Public information campaign , Seminars , Management advice , Future Research
• Study Farm Statistics
  • Production type , Size , Stock numbers , Time of purchase , Type of ownership , Income and equity , Off-farm employment , Alternative enterprises , Off-farm investments
• References
• Acrobat version

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