Socioemotional wealth preservation in family firms
In this article, we review literature on socioemotional wealth. We explain how the concept of socioemotional wealth builds on previous family firm research showing that family-owners derive utility from the nonfinancial aspects of their firm.
Matias Kalm, Luis R. Gomez-Mejia
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While family business studies on socioemotional wealth and family-owned firms’ financial performance are growing globally, most have focused on European, Asian and American family firms, where economic and cultural changes have altered traditional ...
Galinoma Lubawa, Saganga Mussa Kapaya
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Socioemotional wealth in gay-owned family businesses: A pitch [PDF]
In Western countries, there is a growing number of children raised by same-sex couples. The meaning of the term “family” has been evolving over the past decades, as well as the meaning of “family business”.
Ondřej Machek, Aleš Kubíček
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Corporate Social Responsibility in Canadian Family Businesses: A Socioemotional Wealth Perspective [PDF]
After having gained prominence in the late 20th century, corporate social responsibility (CSR) has emerged as a critical business aspect, adopted widely across the corporate landscape.
Imen Latrous +3 more
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Dynamic capabilities, preservation of socioemotional wealth, and family firm performance
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 ...
Felipe Hernández-Perlines +2 more
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Reconciling Socioemotional Wealth with Financial Wealth in Family Firm IPOs
The aim of this paper is to shed light on whether initial public offering (IPO) share pricing as a strategic decision in family firms going public is impacted by socioemotional wealth (SEW). Previous literature maintained that family firms accept higher costs in terms of IPO underpricing (UP) than nonfamily firms to preserve their SEW, yet disregarding
Oscar Domenichelli, Camilla Mazzoli
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Socioemotional Wealth in Family Firms: Theoretical Dimensions, Socioemotional Wealth Perspective, and Empirical Evidence in Support of the Socioemotional Approach [PDF]
Lubna Salem, Abd-Elazez Hashem
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Contested takeovers of family firms and socioemotional wealth: a case study [PDF]
PurposeThe purpose of this paper is to provide an understanding of the importance of socioemotional wealth (SEW) to family firms in Poland viewed through the lens of the events surrounding the first hostile takeover bid of the post-communist era on the Warsaw Stock Exchange when the clothing company Vistula & Wólczanka (V&W) made an unsolicited,
Kevin Campbell, Magdalena Jerzemowska
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Family leadership and CSR decoupling: Founder–descendant differences in socioemotional wealth [PDF]
Founders of family firms differ from descendants, particularly in terms of affective attachment, cognitive identification, and social concern. This study examines how these generational differences between founder-led and descendant-led family firms ...
Sang-Bum Park
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Toward sustainability: ESG bridging socioemotional wealth and sustainable financial in family firms
The socioemotional wealth of family businesses fosters long-term orientation, aligning with the environmental, social, and governance (ESG) principles essential for sustainable value creation.
ChangYi Zhu +2 more
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