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The relationship between socioemotional and financial wealth

Management Research: Journal of the Iberoamerican Academy of Management, 2016
PurposeA growing volume of family firm literature has argued that the preservation of family socioemotional wealth takes precedence over the pursuit of financial goals. The purpose of this paper is to develop a conceptual framework that builds knowledge regarding the two-way relationship between socioemotional and financial forms of wealth, to develop ...
Geoffrey Martin, Luis Gomez-Mejia
openaire   +3 more sources

Reifying Socioemotional Wealth

Entrepreneurship Theory and Practice, 2015
We extend recent commentary about socioemotional wealth by reviewing theory and offering suggestions aimed at enhancing the correspondence between the theoretical construct and its empirical correlate. While it is clear that the field has made vast strides since its introduction in 2007, the research literature remains diverse and disjointed: an ...
William S. Schulze, Franz W. Kellermanns
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Socioemotional Wealth: Validating and Re-Defining the FIBER Scale

Academy of Management Proceedings, 2015
In this paper we build on the important work of Berrone et al. (2012) who proposed a long-needed direct measurement scale for socioemotional wealth (SEW) in family firms.
Hauck, Jana   +4 more
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Socioemotional Paradox? Examining Tensions in Socioemotional Wealth and Socioemotional Selectivity

Academy of Management Proceedings, 2017
Research on socioemotional wealth (SEW) theory finds that family firms, relative to nonfamily firms, generally pursue a higher proportion of nonfinancial goals that provide them with SEW, or a stoc...
David Scott Jiang   +3 more
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Socioemotional wealth and family commitment

Journal of Family Business Management, 2019
PurposeThe purpose of this paper is to determine the elements of family-centric non-economic goals, such as socioemotional wealth (SEW) of family business owners, that drive family commitment. The empirical study further tests whether such relationships are impacted by the aspect of ownership, that is, who controls the firm: founder generation or ...
Mohammad Rezaur Razzak   +2 more
openaire   +1 more source

Deconstructing Socioemotional Wealth: Social Wealth and Emotional Wealth as Core Properties of Family Firms

Management and Organization Review, 2022
ABSTRACTThe concept of socioemotional wealth (SEW) has become a dominant perspective in family business studies. In this article, we review the SEW literature, the explanatory power of SEW in family firm behavior, and the heterogeneity of family firms.
Wenting Chen   +4 more
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Socioemotional wealth in the family farm

Agricultural Finance Review, 2015
Purpose – A family member may work for the family business even though the direct financial benefits he or she may receive in the form of a salary may be lower than what could be earned working for a non-family business. The lower amount may be accepted because of benefits of association with the family business.
Jonathan B Dressler, Loren Tauer
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Socioemotional Wealth in Family Businesses

2020
Socioemotional wealth in private companies is a very important asset. As the family business grows and develops further, it gives an impression to the public of its current status. However, perceptions about this issue are different among family members and employees, and thus, a different attitude in family firms, toward the socioemotional wealth ...
Veland Ramadani   +3 more
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Socioemotional Wealth Conflict in Family Firms

Entrepreneurship Theory and Practice, 2014
While Cruz, Larraza–Kintana, Garcés–Galdeano, and Berrone demonstrate how SEW can simultaneously elicit good and bad behavior in regard to corporate social responsibility, their findings also give rise to the idea that maintaining control and influence over day–to–day operations (internal socioemotional wealth [SEW]) and maintaining positive ...
James M. Vardaman, Maria B. Gondo
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Exploring Socioemotional Wealth Debate: A Bibliometric Analysis

2021
This study aims to explore the scholarly structure and trends in the scientific debate on socioemotional wealth (SEW) in family business studies. We analyse 294 publications focused on SEW published to date in any sources of the Scopus database. Using a bibliometric analysis, we identify the scientific community debating SEW in terms of publication ...
Migliori S., Za S.
openaire   +1 more source

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