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Family Business Internationalization in Paradox: Effects of Socioemotional Wealth and Entrepreneurial Spirit [PDF]

open access: yesFrontiers in Psychology, 2021
This study investigates the internationalization (i. e., foreign investment) of small family businesses by classifying the effects of external socioemotional wealth (family reputation) vs. internal socioemotional wealth (family involvement).
Chenfei Jin   +3 more
doaj   +2 more sources

Socioemotional wealth: A systematic literature review from a family business perspective

open access: yesEuropean Research on Management and Business Economics, 2023
The purpose of this study is to conduct a bibliometric analysis of socioemotional wealth research from the perspective of the family business. This analysis describes the current research trends and shows the future lines of research to guide future ...
Luis Araya-Castillo   +2 more
exaly   +3 more sources

Socioemotional wealth, family governance, and organizational belonging in multigenerational family firms: a social identity perspective [PDF]

open access: yesFrontiers in Psychology
The purpose of this study is to examine the relationship between socioemotional wealth (SEW) and employees’ organizational belonging (OB) in family firms and to investigate the mediating role of family governance (FG) in this relationship.
Ying Wang   +2 more
doaj   +2 more sources

Why do family firms dismiss their family CEOs? A perspective on kinship ties. [PDF]

open access: yesPLoS ONE, 2023
Existing studies have suggested that nonfamily CEOs are more likely to be fired from family firms, while we focus on why family CEOs are also fired from family firms. Using data from 455 listed Chinese family firms, we find that family CEOs with affinity
Xiaodong Yu   +4 more
doaj   +2 more sources

Can family firms nurture socioemotional wealth in the aftermath of Covid-19? Implications for research and practice [PDF]

open access: yesBusiness Research Quarterly, 2021
Family firms are the most prevalent form of economic organization in the world, but despite their reputation for resilience and agility, many of them are facing enormous challenges due to the Covid-19 pandemic. In this essay, we examine how the pressures
Shainaz Firfiray, Luis R Gomez-Mejia
doaj   +2 more sources

The Survival of Family Farms: Socioemotional Wealth (SEW) and Factors Affecting Intention to Continue the Business

open access: yesAgriculture (Switzerland), 2021
This article addresses the problem of succession in family farms in a context of generational change. Family businesses are characterized by their long-term orientation and by having a positive effect through environmental goals that remain in place ...
JOSÉ L Gallizo, Manel Plana-Farran
exaly   +3 more sources

Dynamic capabilities, preservation of socioemotional wealth, and family firm performance

open access: yesJournal of Innovation & Knowledge
This study examines the performance of family businesses through the theoretical lenses of dynamic capabilities and socioemotional wealth. A conceptual model is proposed, in which socioemotional wealth moderates the relationship between dynamic ...
Luis Araya-Castillo   +2 more
exaly   +3 more sources

Internationalization of family firms on innovation: Moderating impact of socioemotional wealth and institutional environment. [PDF]

open access: yesPLoS ONE
Currently, there is a lack of research specifically investigating the influence of internationalization on the innovation of family firms. This paper aims to investigate the influence of both internationalization depth and breadth on the innovation of ...
Lixin Zhou, Hanwei Zhou, Xiao Wei
doaj   +2 more sources

SUSTAINABILITY OF FAMILY BUSINESS: MILLENNIALS INTENTION TO STAY IN THE FAMILY BUSINESS AS THE RESULT OF STEWARDSHIP CLIMATE, MEDIATED BY SUCCESSOR’S TRUST AND SOCIOEMOTIONAL WEALTH

open access: yesJurnal Aplikasi Manajemen, 2021
This research studies the influence of stewardship on the intention to stay in the family business. Successor’s trust and socioemotional wealth are also studied as mediator.
Irzal Riznika, Thomas Stefanus Kaihatu
doaj   +1 more source

Socioemotional Wealth and Financial Performance of Single-Family-Owned Food Processing Firms: Evidence from Tanzania [PDF]

open access: yesColombo Business Journal, 2023
This study assessed how Socioemotional Wealth (SEW) influences the financial performance of single-family-owned firms in the same industry. Previous research on family firms has yielded conflicting results. Thus, this study fills a gap. Data is collected
Galinoma Lubawa, Gwahula Raphael
doaj   +1 more source

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