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Effectuation and Socioemotional Wealth in Family Firms
Academy of Management Proceedings, 2020Family ownership and control lead to affective endowments of business owners, which influences the firm’s strategic orientations toward corporate entrepreneurship.
David Michael Lehmann +2 more
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An extension of the socioemotional wealth perspective
Journal of Family Business Management, 2019PurposeSocioemotional wealth (SEW) has emerged as the most differentiating aspect in family firms and has become the focal issue in family firm decision making. Family firms have to face the jeopardy of financial gains and socioemotional. The purpose of this paper is to investigate the different dimensions of SEW in developing the firm as corporate ...
Irfan Saleem +2 more
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Socioemotional Wealth and Internationalization of Family Firms
Academy of Management Proceedings, 2014In this paper, we hypothesize that the greater the importance placed on Socieoemotional Wealth (SEW) in a family firm, the more reluctant it will be to expand internationally.
Bart Debicki +3 more
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Socioemotional wealth and performance in private family firms
Journal of Entrepreneurship in Emerging Economies, 2019PurposeSocioemotional wealth (SEW) has emerged as a defining concept that distinguishes family-owned business organizations from businesses that are not exclusively controlled by family coalitions. This empirical study expands the literature by presenting a more nuanced understanding of how individual dimensions of socioemotional wealth interacts with ...
Razzak, Mohammad Rezaur +2 more
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Socioemotional Wealth and Family Firms’ Internationalisation
2021This thesis explored family firms (FFs) internationalisation. I used socioemotional wealth because it captures the non-financial nature of FFs. I conducted thirty-five interviews with a sample of manufacturing firms in West Bengal, India, and utilised an interpretive case study approach. I used Template analysis to analyse the data.
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Exploring family business decline with socioemotional wealth perspective
Academia Revista Latinoamericana de Administración, 2019PurposeThe purpose of this paper is to determine how family and business priorities influence organisational decline and turnaround in a family business.Design/methodology/approachFollowing critical realism as philosophical orientation, this research is based on an exploratory single case study.FindingsThis research identified specific socioemotional ...
Orlando Antonio Llanos-Contreras +1 more
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Going back to the roots of socioemotional wealth
Management Research: Journal of the Iberoamerican Academy of Management, 2016Purpose This commentary elaborates further upon the work by Martin and Gomez-Mejia (this issue) about the two-way relationship between financial wealth and socioemotional wealth (SEW). This paper aims to provide a better understanding of the micro-foundations of the SEW approach, and how the research community could further develop it based on
Cristina Cruz, Horacio Arredondo
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Socioemotional wealth importance within family firm internal communication
Journal of Family Business Management, 2018PurposeOne 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 of family business leaders responding to employees responsible for a business disruption ...
Emily Marett, Laura Marler, Kent Marett
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Acquisitions by Family Firms: The Role of Socioemotional Wealth
Academy of Management Proceedings, 2012By blending the behavioral theory of the firm with the socioemotional wealth perspective of family firm ownership our paper investigates how family ownership impacts timing and resource similarity of acquisitions. We show that the influence of socioemotional wealth concerns tied to family ownership when engaging in acquisitions alters with performance ...
Tobias Dehlen, Thomas Markus Zellweger
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Journal of Management, 2015
We posit that family firms often face a dilemma in their strategic decision making: whether to maintain current socioemotional wealth or pursue prospective financial wealth. Applying such a mixed gamble perspective to acquisitions, family owners assess potential acquisitions with regard to their impact on both wealth dimensions.
Gomez-Mejia, Luis +2 more
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We posit that family firms often face a dilemma in their strategic decision making: whether to maintain current socioemotional wealth or pursue prospective financial wealth. Applying such a mixed gamble perspective to acquisitions, family owners assess potential acquisitions with regard to their impact on both wealth dimensions.
Gomez-Mejia, Luis +2 more
openaire +3 more sources