TY - JOUR
T1 - Socioemotional Wealth in Family Firms
T2 - Theoretical Dimensions, Assessment Approaches, and Agenda for Future Research
AU - Berrone, Pascual
AU - Cruz, Cristina
AU - Gomez-Mejia, Luis R.
N1 - Funding Information:
This project was funded under the Universiti Sains Malaysia Postgraduate Research Grant Scheme No 10001/PPSK/8134007.
PY - 2012/9
Y1 - 2012/9
N2 - 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.
AB - 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.
KW - family firms
KW - socioemotional wealth
KW - theoretical review
UR - http://www.scopus.com/inward/record.url?scp=84865961884&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84865961884&partnerID=8YFLogxK
U2 - 10.1177/0894486511435355
DO - 10.1177/0894486511435355
M3 - Review article
AN - SCOPUS:84865961884
SN - 0894-4865
VL - 25
SP - 258
EP - 279
JO - Family Business Review
JF - Family Business Review
IS - 3
ER -