The effect of family control on value and risk-taking in Mexico: A socioemotional wealth approach
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DOI: 10.1016/j.irfa.2017.02.005
Abstract: We construct an analytical framework to incorporate agency and stewardship perspectives, and the concept of socioemotional wealth (SEW), to analyse the effect of family participation on firm value and corporate risk-taking in Mexico. We find… read more here.
Keywords: socioemotional wealth; risk; effect family; risk taking ... See more keywords
Family business performance in a post-disaster scenario: The influence of socioemotional wealth importance and entrepreneurial orientation
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DOI: 10.1016/j.jbusres.2018.12.057
Abstract: Abstract Natural disasters are becoming more frequent and severe and pose a threat to family firms' survival. It is important to address the rarely examined question of how the variables of socioemotional wealth importance (SEWi)… read more here.
Keywords: performance; socioemotional wealth; family; wealth importance ... See more keywords
Managing family business tensions: the narrative of family history
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DOI: 10.1108/bjm-01-2020-0008
Abstract: This study explores the family governance structures that family firms employ to manage family business tensions.,Building on socioemotional wealth perspective and adopting a narrative methodological approach, the study analyses nine unique narratives of representatives of… read more here.
Keywords: business tensions; family; family firms; socioemotional wealth ... See more keywords
Socioemotional wealth of family firms during the COVID-19 pandemic: the role of slack resources
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DOI: 10.1108/jfbm-02-2023-0023
Abstract: PurposeThis study investigates the behaviour of family firms, family management and family ownership regarding their socioemotional wealth (Corporate Social Responsibility (CSR)) during the COVID-19 pandemic and according to their slack resources availability.Design/methodology/approachThis study employs a… read more here.
Keywords: socioemotional wealth; slack resources; family management; family ... See more keywords
Socioemotional wealth importance within family firm internal communication
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DOI: 10.1108/jfbm-08-2017-0022
Abstract: Purpose One of the key characteristics that distinguishes the family business from other firms is the importance of accruing and maintaining socioemotional wealth (SEW). Using an experimental design, this exploratory study investigates the communication practices… read more here.
Keywords: family firm; communication; family; within family ... See more keywords
Socioemotional Wealth and Innovativeness in Small‐ and Medium‐Sized Family Enterprises: A Configuration Approach
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DOI: 10.1111/jsbm.12389
Abstract: What makes small‐ and medium‐sized family firms (family SMEs) innovative? Some family firm dynamics promote, yet others hinder innovation. It remains unclear whether combinations of family firm dynamics increase innovativeness. Our configurational perspective of socioemotional… read more here.
Keywords: medium sized; family smes; family; sized family ... See more keywords
The Effects of Family Firm CEO Traditionality on Successor Choice: The Moderating Role of Socioemotional Wealth
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DOI: 10.1177/0894486520967832
Abstract: Drawing on upper echelons theory, this study examines how the traditionality of family chief executive officers (CEOs) influences the selection of their successors, and how this relationship is moderated by two dimensions of socioemotional wealth.… read more here.
Keywords: family; socioemotional wealth; role; successor ... See more keywords
Examining Heterogeneous Configurations of Socioemotional Wealth in Family Firms Through the Formalization of Corporate Social Responsibility Strategy
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DOI: 10.1177/08944865221146350
Abstract: Family firms purportedly use different socioemotional wealth (SEW) reference points in choosing strategies, yet empirical research continues to use family involvement as a proxy for SEW. This study uses a configurational approach to examine how… read more here.
Keywords: socioemotional wealth; family; formalization corporate; corporate social ... See more keywords
Family Firms’ Acquisitions and Politicians as Directors: A Socioemotional Wealth Approach
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DOI: 10.1177/08944865231162404
Abstract: This study analyzes how family control influences firms’ acquisition activity using a socioemotional wealth (SEW) approach and discusses their anticipated SEW gains and losses when making acquisition decisions. Data collected from Spanish public companies from… read more here.
Keywords: socioemotional wealth; firms acquisitions; family; approach ... See more keywords