Socioemotional Wealth in Family Firms

Family Business Review - Tập 25 Số 3 - Trang 258-279 - 2012
Pascual Berrone1, Cristina Cruz2, Luis R. Gómez‐Mejía3
11University of Navarra, Madrid, Spain
22Instituto de Empresa, Madrid, Spain
33Texas A&M University, College Station, TX, USA

Tóm tắt

This article makes the case for the socioemotional wealth (SEW) approach as the potential dominant paradigm in the family business field. The authors argue that SEW is the most important differentiator of the family firm as a unique entity and, as such, helps explain why family firms behave distinctively. In doing so, the authors review the concept of SEW, its different dimensions, and its links with other theoretical approaches. The authors also address the issue of how to measure this construct and offer various alternatives for operationalizing it. Finally, they offer a set of topics that can be pursued in future studies using the SEW approach.

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Family Business Review

Tập 25 Số 3

258-279

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